The Polydata-exclusive PMX composite index fell to 33.1 on a 0-100 scale where 50 marks neutral, signaling a deeply risk-off market mood. This composite blends five sub-indices tracking trading volume, whale buy/sell balance, political-market activity, crypto-market activity, and average market-implied probability.
Notably, the PMX-Politics sub-index hit 100.4, its highest level in 44 days, indicating a surge in political-market activity. Likewise, the PMX-Crypto sub-index rose to 114.4, also a 44-day peak, reflecting elevated crypto-market activity. These readings contrast sharply with the weakest sub-index, PMX-Volume, which dropped to 26.3, well below its 30-day norm and the lowest among the components.
This divergence reveals an uneven market picture: while overall sentiment and trading volume signal risk aversion, political and crypto sectors are seeing heightened activity. The PMX-Whale sub-index stands at 43.4, and PMX-Sentiment at 29.6, both below neutral, reinforcing the cautious tone among market participants.
The combined data illustrate a market environment where broader risk appetite is subdued, yet pockets of intense activity persist, especially around political factors and crypto assets. This nuanced insight is available exclusively through Polydata’s proprietary PMX index, offering a granular view of market mood beyond traditional measures.
| PMX composite | 33.1 | 50 = neutral |
|---|---|---|
| PMX-Volume | 26.3 | trading volume vs its 30-day norm |
| PMX-Whale | 43.4 | whale buy/sell balance |
| PMX-Politics | 100.4 | political-market activity |
| PMX-Crypto | 114.4 | crypto-market activity |
| PMX-Sentiment | 29.6 | average market-implied probability |
Source: Polydata API v3 · /pmx-index · snapshot 2026-07-16. Data: Polydata API v3. On-chain figures are public. Realized PnL is computed over resolved markets only and excludes open positions, so it is conservative versus the Polymarket UI. This is not investment advice.