Polymarket has reported that its annualised revenue has exceeded $1.8 billion, based on figures shared with U.S media on Tuesday.

In June, this figure was above $1 billion. The increase follows the launch of Polymarket’s domestic US exchange in May, which operates independently from the company’s decentralized international platform.

Polymarket initiated a waitlist for US users in December 2025, and subsequently eliminated the waitlist for its iOS app in mid-May 2026, granting domestic users complete access.

Approximately six weeks later, the company revealed that its revenue run rate had surpassed $1 billion; now it reports that this figure has climbed to over $1.8 billion. Research firm Sacra had estimated Polymarket’s run rate at around $375 million in May 2026, coinciding with the opening of the US platform.

Compared to that estimate, the current figure is more than four times higher. Daily notional volume on the US exchange increased from roughly $50 million in mid-May 2026 to over $200 million by June 20.

Initially, the company operated a fee-free model until it began charging fees in early 2026. Sports contracts have become a significant revenue source, alongside political and other event categories. Increased engagement during the FIFA World Cup significantly boosted volumes on both the US exchange and the international platform.