Yale: 3% of Polymarket traders capture 27% of all profit
- —3% of accounts collected 27% of all dollar profit on Polymarket
- —Sample: 1.72M accounts and 210,322 markets over two years
- —The share of skilled traders may fall from 3% to less than 1%
- —Institutions avoid low-liquidity markets, leaving a niche for specialists
Why it matters: The growth of institutional capital on prediction markets makes prices more accurate but narrows opportunities for profitable trading by small participants.
Source: BeInCrypto