What percentage of Polymarket traders profit?

According to Layerhub data, only 12.7% of wallets that traded on Polymarket made a profit. The remaining 87.3% lost money. Of the profitable wallets, most made less than $100 in total profit. Only about 2,138 wallets made more than $1,000. The distribution is heavily skewed: a small number of highly skilled traders captured most of the profits while the majority of participants lost.