copy research
Polymarket

the state of trading on Polymarket

what the 5,000 most active Polymarket traders did over the last month: who made money, how much volume it takes, and how concentrated the gains are. read from Polymarket's public leaderboard.

dataupdated November 13, 2026 · monthly window · traders with at least $245.5k of volume
52.9%of the most active traders made money this month
$539pnl of the median trader
82.9%of all profits went to the top 10% of traders
$9.74Btraded by these 5,000 accounts in a month
37.5%of that volume came from 100 accounts
0.08%median profit per dollar traded
cite as: copy.top research, "the state of trading on Polymarket", November 13, 2026, copy.top/research/polymarket
01

about half of the most active traders made money

among the 5,000 accounts that traded the most this month, 52.9% ended in profit. one in ten made more than $49,424, one in ten lost more than $38,834. winners made $139.9M in total, losers lost $118.0M.

under -$100k: 251 traders (5%)5%under -100k-$100k to -$10k: 868 traders (17.4%)17.4%-100k to -10k-$10k to -$1k: 968 traders (19.4%)19.4%-10k to -1k-$1k to $0: 266 traders (5.3%)5.3%-1k to 0$0 to $1k: 266 traders (5.3%)5.3%0 to 1k$1k to $10k: 1,082 traders (21.6%)21.6%1k to 10k$10k to $100k: 1,007 traders (20.1%)20.1%10k to 100kover $100k: 292 traders (5.8%)5.8%over 100k
lost moneymade moneyeach bar: share of traders in that pnl range
02

a few accounts take most of the profit

the top 1% of traders took 37.4% of all profits, and the top 10% took 82.9%.

top 1% of traders: 37.4%next 9%: 45.5%the other 90%: 17.1%
03

volume buys very little edge

trading more barely improves the odds: the share of accounts in profit moves from 50.2% for the smallest to 59% for the 100 largest. the median trader keeps 0.08% of each dollar traded. only 474 of the 5,000 accounts earned more than 5 cents per dollar traded: those are the ones taking a view on outcomes, the rest mostly turn volume over for thin margins.

share of traders who made money, by monthly volume

under $500k2,141 traders
50.2%
$500k to $1M1,314 traders
53.3%
$1M to $5M1,207 traders
56.1%
$5M to $20M285 traders
57.9%
over $20M53 traders
54.7%
04

public traders versus anonymous ones

326 of these accounts link an x account on their profile. 55.5% of them made money this month, against 52.7% of the accounts with no linked identity. the gap is small: a public name is not a signal on its own.

accounts with a linked x profile326 traders
55.5%
accounts with no linked identity4,674 traders
52.7%
05

the top of the month

the ten accounts with the highest pnl this month on Polymarket's leaderboard.

1
e46m3volume $4.0M · @love_u_4ever
$3.6M
2
BreakTheBankvolume $128.8M
$2.3M
3
balthazarvolume $12.0M · @balthazarpoly
$2.2M
4
Papeasyvolume $517.1k
$2.0M
5
0xb0e74DF9430A089Aa102e2207Af5fde1967439D2-1789545517033volume $10.5k
$2.0M
6
HomeRunHazardvolume $98.2M
$2.0M
7
Diabolical-Prizevolume $6.7M
$1.9M
8
0x2c335066FE58fe9237c3d3Dc7b275C2a034a0563-1759935795465volume $231.2M
$1.8M
9
UpTheBluesvolume $120.8M
$1.7M
10
Biggggggggvolume $10.2M
$1.6M

method

copy traders with a public track record

pick a named trader, read their numbers, set your size. their buys and sells are copied from your own wallet.

see the leaderboard