Galaxy Research: 69% of Polymarket Retail Accounts Lose Money
Summary
Galaxy Research revealed that 69.2% of nearly 2.9 million retail accounts on Polymarket's platform experienced losses, amounting to an aggregate of $338.9 million. This analysis highlights the challenges faced by traders, with 15.2% ceasing to trade within 30 days after a loss, a higher rate compared to those who won. The findings also indicate that although 47% of traders specialized in sports, they had the lowest profitability rate at 25.1%, while those focusing on technology and science saw higher success rates. Prediction markets like Polymarket are currently navigating legal challenges related to unlicensed operations, amidst an industry shift towards broader topics and increased institutional interest.
Analysis
Stork: Stork is a decentralized oracle and data network providing onchain analytics and settlement data across multiple blockchains including Ethereum and Base. It has maintained active operations with ongoing network updates in recent months. In the news, it curated the onchain settlement data underpinning the Galaxy Research analysis of Polymarket trading. Polymarket: Polymarket operates a leading prediction market platform focused on events in politics, sports, crypto, and other topics through its international platform. The platform has faced recent regulatory scrutiny, including a lawsuit from New York authorities alleging illegal gambling operations. In the news, Galaxy Research analyzed trading data from its retail accounts to assess profitability patterns and user behavior. Galaxy Research: Galaxy Research is the research division of Galaxy, a financial services firm in digital assets, producing extensive reports on crypto markets and related topics throughout 2026. It recently published analyses on various industry trends and firm developments. In the news, it conducted the study on Polymarket retail account performance using onchain data. Regulation: Prediction market platforms like Polymarket continue to encounter legal challenges from state authorities over unlicensed operations. Industry Focus: Prediction markets have expanded beyond traditional topics to include short-term crypto and economic event contracts amid growing institutional interest.
Categories
cryptoon_chain_whale
Related sources
- https://x.com/intangiblecoins/status/2104919507127116006
- https://www.galaxy.com/newsroom/q226-unwrapped
- https://www.galaxy.com/newsroom/2026
- https://financefeeds.com/polymarket-puts-an-october-fed-hike-at-67-and-a-2026-rate-cut-at-3/
- https://ag.ny.gov/press-release/2026/attorney-general-james-and-governor-hochul-announce-lawsuit-against-polymarket
- https://www.growthepie.com/applications/stork-oracle
- https://polymarkets.co.il/en/news/
- https://x.com/glxyresearch/status/2104912275316654313
- https://www.sotwe.com/stokr_io
- https://news.bloomberglaw.com/crypto/polymarket-hires-ex-goldman-sachs-partner-as-institutional-head
- https://www.tokenpost.com/tag/polymarket
- https://docs.stork.network/resources/contract-addresses/evm
- https://app.rwa.xyz/platforms/stokr
- https://www.stork.ai/blog/category/tutorials
- https://galaxyproject.org/news/2026-09-08-q3-newsletter/