According to CoinMeta, Polymarket US's trading volume in July increased by 54% month-on-month to $5 billion, while the trading volume on its offshore platform decreased by 26% to $7.9 billion. Galaxy believes that this divergence in trends may indicate that some American users are shifting from offshore platforms to regulated US platforms. Rutgers University, a statistician, and Harry Crane estimate that approximately 30% of the trading volume on offshore platforms may come from American users. However, since on-chain transactions cannot identify the location of users, this proportion is not verified user data. Polymarket US removed applications from the waiting list in May and further opened up access to eligible American users.