Polkamarkets

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Polkamarkets TVL equals the V1 contracts' EVM balance + V2 contracts tokens balance. Polkamarkets staking TVL is the POLK balance of the V1+V2 bonds contracts, plus the POLK balance of V3 predictionMarketManager and predictionMarketFactory contracts.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Polkamarkets's governance or utility token carries a market capitalisation of $421.6K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($421.6K) above the protocol's on-chain TVL ($13.2K) — a mcap/TVL multiple of 31.87× implies investors are paying for expected future fee flows rather than current deposits alone. A further $2.1K sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Dec 21, 2021
   Listed on DeFiLlama

Polkamarkets is a Prediction Market protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 6 chains, including Ethereum, Polygon, Moonriver, Moonbeam and 2 other chains. The codebase has been independently audited (3 reports on file).

Polkamarkets runs a multi-chain deployment, with smart contracts live on 6 networks. Its TVL is heavily concentrated on Ethereum, which holds 70% of all assets — other deployments are comparatively small. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer. Its token market cap ($421.6K) currently exceeds total value locked ($13.2K) — a mcap/TVL ratio of 31.87 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Polkamarkets — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Polkamarkets is one of 7 Prediction Market protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Polymarket, OPINION, Predict Fun, and 3 more. These peer protocols collectively secure $495.9M in deposits, giving you a frame of reference for whether Polkamarkets's own TVL is at the top, middle, or tail of the category.

Polymarket

TVL $451.1M · 24h +1.94%

OPINION

TVL $17.4M · 24h -2.00%

Predict Fun

TVL $17.1M · 24h -3.47%

Rain

TVL $4.2M · 24h +14.21%

Football.Fun

TVL $3.8M · 24h +0.16%

Gnosis Protocol v1

TVL $2.4M · 24h +0.49%