Polymarket Weekly Volume Tops $545M; Brazil Election Market Hits $165M

The concentration is the story: a single national election market drove roughly a third of weekly activity, suggesting Polymarket's volume is increasingly event-driven rather than broadly distributed. That matters because the platform's next chapter — a possible POLY token, teased ahead of Token2049 and amplified by Polygon's co-founder — would arrive on the back of political-event demand rather than organic category breadth. Whether non-election markets can hold volume once the Brazil cycle passes is the open question, and whether Token2049 produces more than a teaser.