The figure follows a $1.4m CFTC settlement in 2022 & a deal valuing Polymarket at roughly $8bn.
The hit
Polymarket says its annualised revenue run-rate has passed $1.8bn, up from north of $1bn in June, according to figures shared with CNBC. The jump follows May’s launch of its CFTC-regulated US exchange, a separate venue from its decentralised international platform.
Why it matters
The figure shows how fast a newly regulated US market can scale once American users get full access. Sports contracts & the FIFA World Cup drove volume, but the tournament is seasonal. Traders watching Polymarket’s growth should note the company only started charging fees in early 2026, & fundraising is reportedly ongoing.
The record
| Run-rate revenue, June 2026 | north of $1bn (Polymarket) |
|---|---|
| Run-rate revenue, now | more than $1.8bn (Polymarket) |
| Sacra’s estimate, May 2026 | approximately $375m |
| US daily notional volume, mid-May to 20 June 2026 | up from about $50m to more than $200m |
| 2022 CFTC settlement | $1.4m |
| 2025 ICE investment pledge & valuation | up to $2bn, valuing Polymarket at roughly $8bn |
What happens next
Watch whether Polymarket’s run-rate holds above $1.8bn once World Cup volumes fade, & whether fundraising pushes the figure toward the reported $2bn mark.
Sources: Polymarket says annualized revenue tops $1.8 billion as US exchange scales
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