The head of Paradigm Research has stated that there is "water in the volume" of Polymarket trades, while the community has accused Paradigm of smearing a competitor.
BlockBeats News, December 9th, Paradigm's Head of Data, @notnotstorm, stated today that the prediction platform Polymarket has a double-counting issue in its trading volume, leading to inflated transaction volume data. This comment has sparked widespread criticism from the crypto community, accusing Paradigm of amplifying the controversy and providing a negative interpretation of Polymarket due to Paradigm's status as an investor in Kalshi, thus having a clear competitive position.
Bankr Co-Founder deployer stated that the issue of "double-counted" transaction volume stems from the data collection method of a third-party dashboard, rather than any flaw in Polymarket's own data. He emphasized that Polymarket's transaction volume records do not contain any fundamental errors.
Dragonfly's Head of Data, @hildobby, also mentioned that "at least as of 2024, all decent data dashboards have already accounted for this."
You may also like

On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market

Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money

The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Kalshi's biggest competitor is not Polymarket

WEEX Makes Affiliate Access Easier on the Web and in the App

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It

Perp DEX: The Next Generation Exchange "War"

10 Counterintuitive Insights on Latin American Payments

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

