BPOI Banner
Search CoinDesk Search CoinDesk

Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line

“Now, that’s very different from, let’s say there’s somebody who comes and builds an order book DEX on Polygon PoS,” he said. “If they were doing $20,000 of fees over multiple months, it would be a massive failure, because you would expect massive numbers of orders placed and canceled and filled, then that would drive huge numbers of transactions. So the key here is like, different applications have different intended purposes.”

Source link

Margaux Nijkerk

https://www.coindesk.com/tech/2024/10/25/polymarket-is-huge-success-for-polygon-blockchain-everywhere-but-the-bottom-line/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-10-25 11:45:55

bitcoin
Bitcoin (BTC) $ 67,842.18 1.09%
ethereum
Ethereum (ETH) $ 2,485.00 0.21%
tether
Tether (USDT) $ 0.999322 0.05%
bnb
BNB (BNB) $ 587.74 0.60%
solana
Solana (SOL) $ 174.19 1.01%
usd-coin
USDC (USDC) $ 1.00 0.01%
xrp
XRP (XRP) $ 0.513322 0.23%
staked-ether
Lido Staked Ether (STETH) $ 2,483.21 0.15%
dogecoin
Dogecoin (DOGE) $ 0.143406 3.97%
tron
TRON (TRX) $ 0.16318 1.66%
the-open-network
Toncoin (TON) $ 4.96 0.40%
cardano
Cardano (ADA) $ 0.33383 0.22%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,938.68 0.32%
avalanche-2
Avalanche (AVAX) $ 25.29 0.91%
shiba-inu
Shiba Inu (SHIB) $ 0.000017 0.33%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,668.13 0.92%
weth
WETH (WETH) $ 2,485.26 0.20%
bitcoin-cash
Bitcoin Cash (BCH) $ 346.17 1.03%
chainlink
Chainlink (LINK) $ 10.80 1.47%
polkadot
Polkadot (DOT) $ 4.11 2.07%
usds
USDS (USDS) $ 0.99807 0.35%
leo-token
LEO Token (LEO) $ 6.03 0.39%
uniswap
Uniswap (UNI) $ 7.39 2.24%
litecoin
Litecoin (LTC) $ 70.76 2.66%
near
NEAR Protocol (NEAR) $ 4.17 1.98%
sui
Sui (SUI) $ 1.68 7.17%
aptos
Aptos (APT) $ 8.83 3.70%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,613.31 0.25%
pepe
Pepe (PEPE) $ 0.000009 2.78%
bittensor
Bittensor (TAO) $ 497.89 1.63%
internet-computer
Internet Computer (ICP) $ 7.71 0.11%
dai
Dai (DAI) $ 1.00 0.04%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.24 0.16%
monero
Monero (XMR) $ 163.69 1.15%
kaspa
Kaspa (KAS) $ 0.120368 1.50%
stellar
Stellar (XLM) $ 0.093269 1.48%
ethereum-classic
Ethereum Classic (ETC) $ 18.24 0.64%
whitebit
WhiteBIT Coin (WBT) $ 18.51 0.20%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.16%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.19%
blockstack
Stacks (STX) $ 1.72 2.12%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.323953 1.52%
dogwifcoin
dogwifhat (WIF) $ 2.38 0.25%
okb
OKB (OKB) $ 38.62 0.88%
aave
Aave (AAVE) $ 147.55 2.99%
immutable-x
Immutable (IMX) $ 1.30 2.35%
filecoin
Filecoin (FIL) $ 3.52 1.23%
arbitrum
Arbitrum (ARB) $ 0.51046 0.96%
crypto-com-chain
Cronos (CRO) $ 0.073375 0.40%
optimism
Optimism (OP) $ 1.55 1.48%