Polymarket is hiring for an internal market-making team that could trade against its users, Bloomberg reported.
The reportwhich cited sources familiar with the matter, said Polymarket has approached traders, including sports bettors, to join its own market-making team. Market makers quote buy and sell prices to keep trading flowing smoothly, but an in-house desk means the platform itself could take the other side of client positions.
“Polymarket has recruited new staff for a single market creation team that could compete with customers on the company’s exchange, even as a similar feature has exposed its main rival to criticism.”
Polymarket builds internal trading team as it re-enters… pic.twitter.com/hVuYT11TKi
— Alfonso Straffon 🇨🇷🇺🇸🇲🇽 (@astraffon) December 4, 2025
The development comes as Polymarket re-enters the US market after being forced out of business in 2022 following enforcement action by the Commodity Futures Trading Commission (CFTC).. It was ordered to cease operating in the US and pay a $1.4 million civil penalty.
Forecast market competition is increasing
Competition in the prediction markets is becoming increasingly fierce. Main rival Kalshi already has its own trading desk, a model that has drawn criticism from users and even a proposal class action lawsuit last month involving unfair advantages.
Both Kalshi and Polymarket have already approached third parties to take on a market-making role on their respective platforms. Companies like Susquehanna International Group have subsequently started offering market-making services on Kalshi. Galaxy Digital is also reportedly in talks to offer its services.
Prediction markets allow users to buy and sell contracts related to real-world events. Prices in a contract reflect the market’s implicit probabilities that that outcome will occur. When the event occurs, the contract is paid out.
Market available on Polymarket (Source: Polymarkt)
Prediction markets gained ground during the US presidential election when they accurately predicted Donald Trump’s victory, while many traditional polls predicted a victory for Kamala Harris.
Since then, Polymarket and Kalshi have emerged as the dominant players in the sector. In November, both platforms will have their best month ever, facts of Token Terminal shows.
Last month, Kalshi spot volume rose to $5.8 billion, up 32% from $4.4 billion in October. This also marked the largest monthly profit ever for the company.
Similarly, Polymarket also posted its biggest month after the New York-based platform saw its monthly volume increase from $3.02 billion in October to $3.7 billion in November. The win generated record business for the platform.
MetaMask enters prediction markets with polymarket integration
While Polymarket plans to build an internal market-making team, Web3 wallet MetaMask has been integrated with the popular prediction market platform.
“You can now trade in your wallet the future outcome of real-world events,” Gabriela Helfet of Consensys recently wrote in a blogging after. “You also earn MetaMask Rewards points with every prediction you make.”
Not only will MetaMask users access Polymarket through their wallets, they will also be able to fund their accounts using “any token on any EVM chain” with “one tap funding.”
That’s the latest integration of a major platform or company with a prediction market. Both Kalshi and Polymarket have announced multi-year partnerships or strategic partnerships with companies like the UFC, NHL, Google and others.
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