Polymarket has launched its first US mobile app,
offering real-money markets on sports events under federal oversight after
securing a green light from the Commodity Futures Trading Commission (CFTC).
The move signals a full-scale return to the US for the
prediction platform, which regulators pushed offshore in 2022 over unregistered
event-based derivatives.
In a post on X on Wednesday, Polymarket said select US
users on a waitlist would receive the first access to the new app, which opens
with sports event contracts and will later “be followed by markets on
everything.”
App Rollout and Product Roadmap
The relaunch follows a CFTC no-action letter issued
about three months ago to a crypto derivatives exchange and clearinghouse
Clearing House
A clearing house is defined as an intermediary between two parties, a buyer and seller, which helps facilitate the overall process from trade inception to settlement. Clearing houses streamline the exchange of payments, securities, or derivatives transactions.The clearing house is situated between two clearing firms who also helps reduce the risk of either member firm failing to honor their respective trade settlement obligations.Buyers and sellers enter into legally binding agreements for the e
A clearing house is defined as an intermediary between two parties, a buyer and seller, which helps facilitate the overall process from trade inception to settlement. Clearing houses streamline the exchange of payments, securities, or derivatives transactions.The clearing house is situated between two clearing firms who also helps reduce the risk of either member firm failing to honor their respective trade settlement obligations.Buyers and sellers enter into legally binding agreements for the e
Read this Term
acquired by Polymarket, which cleared the path for offering event contracts
within an intermediated, regulated structure.
Against all odds.
Polymarket’s U.S app is now being rolled out to those on the waitlist.
We’re launching with sports — followed by markets on everything. pic.twitter.com/WOoVMszrqc
— Polymarket (@Polymarket) December 3, 2025
Under this model, Polymarket operates more like a
commodities-style exchange for event outcomes than a direct wagering site, with
contracts overseen by federal rules on derivatives trading.
According to the company, the new app is currently
available on iOS and opens to US users in stages through a waitlist, with
Android support expected soon. Polymarket is starting with sports markets,
including odds on major games and tournaments, to anchor liquidity
Liquidity
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
Read this Term and user
engagement in a familiar category.
The company plans to push beyond sports into broader
proposition markets over time, including contracts on news events, policy
decisions, and potentially elections, subject to regulatory limits. In its X
announcement, Polymarket said sports event contracts would be the first
product, with other market types to follow as the platform expands its
catalogue.
Prediction Markets Gain Mainstream Traction
Polymarket’s timing coincides with a broader surge in
interest around regulated prediction markets as tools for aggregating public
expectations. Activity on platforms like Polymarket and Kalshi
jumped in 2024, helped by heavy trading in contracts linked to US elections and
macro events.
Keep reading: From Trading Floors to TV Screens: Kalshi Odds Head to CNN
Polymarket’s relaunch lands in a market already
heating up. Rival prediction platform Kalshi recently closed a $1 billion funding round at an $11 billion valuation, highlighting investor appetite for
regulated event-contract venues.
Kalshi Raises $1B at $11B Valuation, led by @paradigm https://t.co/mRM0ZLfl7y
— Kalshi News (@KalshiNewsroom) December 2, 2025
In October, Kalshi recorded around $4.4 billion in
trading volume, while Polymarket posted just over $3 billion, reflecting
deepening liquidity and user participation across both exchanges.
Polymarket’s comeback rests on a different regulatory
footing than its earlier US operations. In 2022, the CFTC ordered the platform
to halt unregistered event contracts and pay a $1.4 million civil penalty,
forcing the business to pivot away from US users and overhaul its compliance
model.
Polymarket has launched its first US mobile app,
offering real-money markets on sports events under federal oversight after
securing a green light from the Commodity Futures Trading Commission (CFTC).
The move signals a full-scale return to the US for the
prediction platform, which regulators pushed offshore in 2022 over unregistered
event-based derivatives.
In a post on X on Wednesday, Polymarket said select US
users on a waitlist would receive the first access to the new app, which opens
with sports event contracts and will later “be followed by markets on
everything.”
App Rollout and Product Roadmap
The relaunch follows a CFTC no-action letter issued
about three months ago to a crypto derivatives exchange and clearinghouse
Clearing House
A clearing house is defined as an intermediary between two parties, a buyer and seller, which helps facilitate the overall process from trade inception to settlement. Clearing houses streamline the exchange of payments, securities, or derivatives transactions.The clearing house is situated between two clearing firms who also helps reduce the risk of either member firm failing to honor their respective trade settlement obligations.Buyers and sellers enter into legally binding agreements for the e
A clearing house is defined as an intermediary between two parties, a buyer and seller, which helps facilitate the overall process from trade inception to settlement. Clearing houses streamline the exchange of payments, securities, or derivatives transactions.The clearing house is situated between two clearing firms who also helps reduce the risk of either member firm failing to honor their respective trade settlement obligations.Buyers and sellers enter into legally binding agreements for the e
Read this Term
acquired by Polymarket, which cleared the path for offering event contracts
within an intermediated, regulated structure.
Against all odds.
Polymarket’s U.S app is now being rolled out to those on the waitlist.
We’re launching with sports — followed by markets on everything. pic.twitter.com/WOoVMszrqc
— Polymarket (@Polymarket) December 3, 2025
Under this model, Polymarket operates more like a
commodities-style exchange for event outcomes than a direct wagering site, with
contracts overseen by federal rules on derivatives trading.
According to the company, the new app is currently
available on iOS and opens to US users in stages through a waitlist, with
Android support expected soon. Polymarket is starting with sports markets,
including odds on major games and tournaments, to anchor liquidity
Liquidity
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
Read this Term and user
engagement in a familiar category.
The company plans to push beyond sports into broader
proposition markets over time, including contracts on news events, policy
decisions, and potentially elections, subject to regulatory limits. In its X
announcement, Polymarket said sports event contracts would be the first
product, with other market types to follow as the platform expands its
catalogue.
Prediction Markets Gain Mainstream Traction
Polymarket’s timing coincides with a broader surge in
interest around regulated prediction markets as tools for aggregating public
expectations. Activity on platforms like Polymarket and Kalshi
jumped in 2024, helped by heavy trading in contracts linked to US elections and
macro events.
Keep reading: From Trading Floors to TV Screens: Kalshi Odds Head to CNN
Polymarket’s relaunch lands in a market already
heating up. Rival prediction platform Kalshi recently closed a $1 billion funding round at an $11 billion valuation, highlighting investor appetite for
regulated event-contract venues.
Kalshi Raises $1B at $11B Valuation, led by @paradigm https://t.co/mRM0ZLfl7y
— Kalshi News (@KalshiNewsroom) December 2, 2025
In October, Kalshi recorded around $4.4 billion in
trading volume, while Polymarket posted just over $3 billion, reflecting
deepening liquidity and user participation across both exchanges.
Polymarket’s comeback rests on a different regulatory
footing than its earlier US operations. In 2022, the CFTC ordered the platform
to halt unregistered event contracts and pay a $1.4 million civil penalty,
forcing the business to pivot away from US users and overhaul its compliance
model.
