Draft

Vitalik Buterin said in a post on Farcaster that modern forecast markets are not yet suitable for hedging purposes. According to him, most of the large sites do not offer percentage profitability, which forces users to refuse about 4% of the annual income available on dollar steablecoins.

Buterin noted that the situation may change if there are tools with interest payments. This, in his opinion, will open new options for using forecast markets and will lead to an increase in the volume of trading.

Meanwhile, Polymarket statistics show multidirectional dynamics. In July, the volume of trading amounted to $ 1.06 billion, which is lower than the June $ 1.16 billion. However, the number of active traders increased to 286.7 thousand against 242.3 thousand months earlier. The number of new markets also continues to grow, which indicates the expansion of topics beyond political rates.