The total amount bet on Polymarket for the showdown between Trump and Harris has reached a record-breaking $445 million

Data from Dune Analytics shows that Polymarket's total betting volume reached $1.03 billion in July, a significant increase from $672.94 million in June. This is the astonishing amount of money cryptocurrency bettors have put into the potential presidential race between Trump and Vice President Kamala Harris, pushing election betting to unprecedented levels.

Compared with July 2023, when the platform's total betting volume was $283.16 million, this year's growth is particularly notable. Although Polymarket focuses on the US market, American users cannot directly access the platform and must use a VPN and a crypto wallet equipped with USDC to place bets.