Updated
Updated · CoinDesk · Apr 29
Solidus Labs finds under 1% of Polymarket wallets take half of profits
Updated
Updated · CoinDesk · Apr 29

Solidus Labs finds under 1% of Polymarket wallets take half of profits

10 articles · Updated · CoinDesk · Apr 29
  • Between December 2025 and February 2026, 0.55% of profitable maker wallets and 0.26% of winning taker wallets each captured about $8m of roughly $16m gains.
  • The report says well-capitalized, technologically advanced traders consistently out-earned most users, pointing to a structural divide in Polymarket's political prediction markets.
  • Solidus also flagged possible wash trading in about 15% of volume in some markets and suggested POLY airdrop farming, while noting it sells surveillance software and recently struck a deal with rival Kalshi.
Is Polymarket's profit concentration a sign of a sophisticated market or one rigged against the average user?
Amidst rampant wash trading, what is the true value of Polymarket beyond its promised token airdrop?
Can new surveillance tools stop insider trading and manipulation on blockchain-based prediction markets?