Although they are both called Builder Codes, there are still significant differences between Polymarket and Hyperliquid.

For Hyperliquid, Builder codes are embedded in the order data as parameters, linked to specific builder addresses, allowing the source of traffic to be differentiated and tracked on-chain. The Polymarket Builder, on the other hand, mainly integrates through API keys and Relayer clients, which are off-chain, and it seems that native and Builder transactions cannot be directly distinguished from on-chain tx.

The Polymarket Builder interface data is too rough. I originally wanted to reorganize it based on on-chain data, but in the end, I couldn't see anything and had to start from the front-end data. I used GPT to extract the pre-rendered JSON data from the Polymarket Builder interface and re-output it to Dune.

Currently, there are over 10 Trading Bots integrated into the Polymarket Builder Codes, among which betmoar has the highest trading volume, with a cumulative trading volume exceeding $40 million since its integration into the Builder Codes, maintaining a daily trading volume of over $2 million and holding over 60% market share.

Although the Polymarket Builder interface does not display user data, it can still be scraped from the front end. The daily active users of these 10+ Trading Bots are actually only 500-600, and only three of them exceed 100 daily active users: UnifAI Network, betmoar, and Polycule. The overall sector is still very, very early.