Polymarket‘s U.S. App now allows iOS users to sign up even without an invitation code. The homepage provides users with the live odds instead of directing them to the waiting list or code page.
This marks the clearest expansion yet in Polymarket’s phased return to the U.S. market. Although the platform started processing trades in October, access stayed limited for months. The codes became more accessible before the NCAA Men’s Basketball Tournament, and this latest step eliminates any hassle with registration on iPhones.
Access remains limited. Polymarket U.S. still hasn’t launched an Android app for its U.S. users and hasn’t opened a fully functional website version either.
Regulated Route Shapes the Relaunch
Polymarket’s U.S. relaunch runs through QCX LLC, which operates as Polymarket US. The CFTC lists QCX LLC d/b/a Polymarket US as a designated contract market, with the designation dated July 9, 2025.
This creates a distinction between the U.S.-based platform and the better-known international platform. The international platform remains separate from Polymarket US and continues to restrict U.S. access. The introduction of the main platform in the U.S. market requires additional regulatory clarity.
Thus, the current launch is an adjustment rather than a full reset. It provides the U.S. customers with an access point for event-based contracts within regulated CFTC channels.
Volume Growth Still Trails Kalshi
Signs of demand were visible during the waitlist phase too. According to trade data shared by InGame, the US activity picked up from its lower October activity levels to six-figure NFL Sunday trade volume in mid-November. In March, Polymarket U.S. surpassed Crypto.com in trade volume within the category of CFTC-regulated prediction markets.
The distance to Kalshi remains huge. Kalshi maintains its leading position within the US prediction market industry based on volume of daily trades. Polymarket still needs broader access, deeper liquidity, and repeat trading activity to narrow that gap.
Market Significance
For the wider market environment, the critical factor would be competition. A no-code app for iOS gives Polymarket an opportunity to test American users’ interest in the company’s products. Moreover, competition will put additional pressure on rivals to defend liquidity, price levels, and sports events coverage.
