Polymarket International climbed to the 11th position in decentralized exchange trading volume over 24 hours, surpassing Raydium AMM with $79.0 million in volume against Raydium's $77.4 million, according to on-chain data from DefiLlama. Polymarket International held the 13th ranking the previous day.
Polymarket International, a prediction market protocol operating on Ethereum and Polygon, has grown into a top-tier venue for event-based derivatives trading. The protocol hosts markets across politics, sports, crypto prices, and economic indicators, attracting participants who want to bet on real-world outcomes without custodial intermediaries.
Raydium, an automated market maker on the Solana blockchain, typically ranks higher in volume metrics given its role as a core liquidity venue for SPL token trading. The one-day ranking fluctuation between the two protocols shows how a single large trade or promotional event can shift standings within a 24-hour window.
Polymarket International's volume movements track alongside broader adoption of on-chain prediction markets. Trading activity across decentralized prediction markets has expanded in scope and user participation as political and sporting events draw retail and institutional traders.
At $79.0 million in daily volume, Polymarket International ranked ahead of several other established DEX protocols. The $1.6 million margin over Raydium represented a narrow separation typical of mid-tier rankings, where protocols can shift positions within hours based on user activity patterns.
