Polymarket trading figures are being ‘double-counted ’: Paradigm

Paradigm researchers found that major analytics dashboards are double-counting Polymarket’s trading volume due to redundant blockchain events.

Some of the reported trading activity and volume of prediction market platform Polymarket may be significantly higher than actual reality due to a “data bug,” according to a researcher at Paradigm.

“It turns out almost every major dashboard has been double-counting Polymarket volume not related to wash trading,” said Storm, a researcher at the venture capital firm.

Storm explained that this was because “Polymarket’s onchain data contains redundant representations of each trade.”

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