**Network-Based Detection of Wash Trading**
"_Applying this method to the Polymarket exchange, we estimate that transaction patterns indicative of wash trading began to trend upward in July 2024, peaking at nearly 60 percent of volume in December 2024._"
Sirolly, Allen and Ma, Hongyao and Kanoria, Yash and Sethi, Rajiv, Network-Based Detection of Wash Trading (November 06, 2025). Available at SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5714122.