Solidus Labs Report Highlights Concentration of Profits in Polymarket

Solidus Labs has released a report indicating that a small percentage of maker wallets on Polymarket captured a significant portion of gains in politics markets between December 2025 and February 2026. According to NS3.AI, the report reveals that 0.55% of profitable maker wallets accounted for 50% of the gains during this period. Additionally, 0.26% of winning taker wallets captured nearly the same share, amounting to approximately $8 million out of the $16 million in profits for each cohort. Solidus Labs also noted that about 15% of volume in certain markets exhibited patterns consistent with wash trading.