Consulting firm Crane Zeng released a report stating that U.S. users accessing offshore prediction market platforms via VPNs and other methods have generated trading volumes between $11 billion and $34 billion, with Polymarket accounting for $11 billion to $27 billion of that. The report estimates that offshore platforms make up 12.5% to 31.5% of U.S. prediction market trading volume, and approximately 30% of Polymarket's trading volume comes from U.S. users. Data shows that the gap in trading volume between regulated platforms and offshore platforms is narrowing. During the reporting period, CFTC-regulated platforms like Kalshi and IBKR ForecastEx processed a combined trading volume of approximately $74 billion, while offshore platforms totaled around $85 billion. (The Block) https://(wublock123.com)/news/us-offshore-prediction-market-trading-volume-34b-31-5pct-62643