Mars Finance News: Blockworks researcher Kunal Doshi posted on X that Polymarket’s newly launched 5-minute BTC market generated $25.2 million in trading volume within 40 hours of launch. The average trading volume per window is approximately $52,000, accounting for 10% to 20% of the 15-minute market turnover. Data shows that 7.1% of unique addresses purchased both Yes and No within a single window, while only 4.2% of addresses did so across more than 50 windows. Although the number of such addresses is small, they account for 7.5% of total trading volume and 23.4% of total trades. Of these, 92.6% of orders are from buyers, and 72.3% are filled via limit orders. These addresses are profitable in 80% of the windows, with the median transaction price for Yes and No being $0.9823. Currently, the market exhibits early arbitrage behavior; if structural liquidity is introduced, the 5-minute market’s trading volume is expected to surpass that of the 15-minute market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Polymarket's "BTC 5-Minute Price Movement Market" trading volume reaches $25.2 million
Mars Finance News: Blockworks researcher Kunal Doshi posted on X that Polymarket’s newly launched 5-minute BTC market generated $25.2 million in trading volume within 40 hours of launch. The average trading volume per window is approximately $52,000, accounting for 10% to 20% of the 15-minute market turnover. Data shows that 7.1% of unique addresses purchased both Yes and No within a single window, while only 4.2% of addresses did so across more than 50 windows. Although the number of such addresses is small, they account for 7.5% of total trading volume and 23.4% of total trades. Of these, 92.6% of orders are from buyers, and 72.3% are filled via limit orders. These addresses are profitable in 80% of the windows, with the median transaction price for Yes and No being $0.9823. Currently, the market exhibits early arbitrage behavior; if structural liquidity is introduced, the 5-minute market’s trading volume is expected to surpass that of the 15-minute market.