Polymarket user profit status revealed: 70% of traders are losing money, top players earn over 3.7 billion

According to the latest statistics from on-chain data analyst defioasis.eth, over 70% of users on the Polymarket platform have experienced losses, revealing the current survival status of retail participants in prediction markets. Less than 30% of users are actually profitable, indicating a significant disparity in profit-making ability among market participants.

Top Traders Control 90% of Profits

The most striking finding is that only 0.0385% of addresses—top traders—control over 70% of total profits, amounting to $3.7 billion. This means that among more than 1.73 million addresses on Polymarket, a small elite group leverages information advantages, strategy optimization, or stronger risk management to secure the majority of profit opportunities.

In comparison, nearly 25% of addresses are barely profitable, but their gains are minimal—most earn less than $1,000, and this small profit accounts for less than 1% of total profits. This shows that even small and medium traders, when making money, only receive a “scrap” of the market’s gains.

Clear Disparity in Retail Losses

Among losing users, there is also a noticeable disparity. Over 60% of losing addresses have losses under $1,000, reflecting that most retail traders gradually cut losses through limited trial and error. On the other hand, at least 149 addresses have losses exceeding $1 million, indicating the presence of reckless traders taking extreme risks.

It’s important to note that the above statistics are based solely on realized gains and losses, excluding floating open positions. This suggests that the actual losses among market participants could be even more complex, as many holdings’ final outcomes are still evolving.