Polymarket Volume Inflated by ‘Artificial’ Activity, Study Finds

A recent study from Columbia University reveals that Polymarket, a leading prediction market, has seen its trading volume artificially inflated due to wash trading practices. This means users are buying and selling the same contracts in quick succession, which misrepresents the actual market activity. This matters because it raises concerns about the integrity of prediction markets and could mislead investors and users about the reliability of the information they provide.