Odaily Planet Daily reports that Polygon’s official account on X stated that February’s POL burn amount reached a new all-time high, with a total of 28.2 million POL burned.
Previously, it was also reported that February’s trading volume for Polymarket, the most important application in the Polygon ecosystem and a prediction market, also hit a historic high.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket Partners With Spanish Football League La Liga
Polymarket has become La Liga's official prediction market partner in the U.S. and Canada, gaining exclusive rights to use the league's intellectual property. This partnership aims to enhance fan engagement and comes amid ongoing regulatory scrutiny.
Coinpedia2h ago
The predicted market trading volume for Q1 2026 will reach $1.87 billion, with political-themed topics taking the lead
According to CryptoRank data, political-topic trading volume is the highest in the market during the first quarter of 2026, while sports-related trading makes up only a small portion. The top five assets by trading volume are all related to political events, indicating the market’s focus on political forecasting.
GateNews7h ago
Polymarket pulls controversial Iran rescue markets after intense backlash
Polymarket removed a betting market on U.S. military rescues in Iran after backlash from lawmakers, who criticized it for trivializing such efforts. This reflects growing scrutiny and regulation of prediction markets amid concerns over ethics and integrity.
CoinDesk11h ago
Polymarket odds of US invading Iran this year reach 63% after Trump's post
The likelihood of a US invasion of Iran rose to 63% following Trump's recent comments. Mixed signals from the administration create uncertainty in the markets, affecting assets like Bitcoin and oil prices.
Cointelegraph11h ago
Prediction Markets Q1 2026 Results: Politics Dominates Trading Volume
Gate News message, prediction markets in Q1 2026 showed politics dominated trading volume this quarter, with sports accounting for only a small portion. The top two markets were: Big Game Champion 2026 saw Seattle win with a launch probability of 0.8%. Trump's Fed Chair nominee market resulted in Ke
GateNews21h ago
