Crypto-powered election futures have seen a wild 24-hours of trade, with decentralized platforms Augur and Polymarket posting record volumes.
The 2020 US presidential election has driven significant action across crypto-powered predictive markets.
Ethereum’s co-creator Vitalik Buterin took to Twitter during the counting of votes to praise the success enjoyed by crypto-powered prediction platforms amid the election season, stating:
“Regardless of who wins from here, I definitely think that the prediction markets have proven themselves more accurate than the polls/models this time around.”
Traditional polls have shown Biden with an eight-point lead since the start of November.