Paradigm's head of data claims that Polymarket's trading volume is "inflated," while the community accuses Paradigm of smearing a competitor.

BlockBeats news, December 9, Paradigm’s Head of Data @notnotstorm stated today that there is an issue of double-counting in Polymarket’s trading volume, resulting in inflated trading volume data. This statement sparked widespread criticism in the crypto community, accusing Paradigm of amplifying the controversy and interpreting Polymarket negatively due to Paradigm’s own competitive stance as an investor in Kalshi. Bankr co-founder deployer pointed out that the “double-counting” issue with trading volume stems from the data collection methods of third-party data dashboards, not from any flaw in Polymarket’s own data. He emphasized that there is no fundamental error in Polymarket’s trading volume records. Dragonfly’s Head of Data @hildobby also stated, “At least since 2024, all decent data dashboards have already accounted for this.”