Polymarket's election betting volume in 2026 exceeds $2 billion, with the non-US market accounting for more than half

According to The Block, the total amount of bets related to the 2026 elections on the Polymarket platform has exceeded $2 billion. With the elections in Hungary and Peru approaching, the betting volume in April has significantly increased; the share of bets from non-U.S. markets has risen significantly and now accounts for a majority.

The Block points out that election prediction markets are no longer exclusive to the United States and are gradually becoming a global phenomenon.