Recent Polymarket betting data reveals that former President Donald Trump holds his largest lead over Kamala Harris since she entered the race.
With less than three weeks remaining until the U.S. presidential election, current data indicates that Polymarket users believe there is approximately a 58% chance that Trump will defeat Harris. This marks a significant 15 percentage point advantage, representing the largest disparity between the two frontrunners recorded on the platform to date.
As of the latest update, Harris’s odds of winning the presidency have fallen to 43.1%. The “Presidential Election Winner 2024” market on Polymarket has emerged as one of the most popular betting contracts this election cycle, with betting volumes nearing $2 billion in the lead-up to the November 4 election.
Trump, leading the charge on Polymarket, has attracted over $561 million in betting volume compared to Harris’s $381 million. Throughout the campaign, both candidates have made policy promises aimed at appealing to crypto voters. Trump initiated this trend at a gala in May, declaring himself as the “crypto president” and consistently advocating for Bitcoin (BTC) since then.
Harris, on the other hand, has adopted a more measured stance, vowing to support “new innovative technologies.” She has also proposed a campaign agenda focused on wealth generation for Black male crypto investors, emphasizing her commitment to crypto-friendly regulatory frameworks that enhance investor protection and improve access to capital formation services.
In the meantime, interest in election contracts continues to surge. The integration of the Polygon-based platform into New York’s business terminals represents a milestone for crypto-related protocols, while noteworthy figures like Elon Musk have drawn attention to the platform.
Furthermore, competitors such as Kalshi have secured court approval to introduce Congressional contracts for U.S. customers, potentially setting the stage for future presidential outcome contracts. Meanwhile, projects like Wintermute are reportedly exploring opportunities within the on-chain prediction market.
