# Polymarket

> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.

**Publisher:** Decentralized Finance Publication

## Definition

The largest decentralised prediction market by volume, running on Polygon. Users buy YES/NO shares on real-world events (elections, crypto prices, economic outcomes). During the 2024 US presidential election, Polymarket processed over $600M in volume and was widely cited for its predictive accuracy.

## Related reading

- [Prediction Markets Explained](https://decentralized-finance.io/learn/prediction-markets-defi-explained/)

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Canonical: https://decentralized-finance.io/glossary/polymarket/