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The U.S.-Iran war-related bets on Polymarket have attracted $600 million in trading volume, reflecting heightened geopolitical uncertainty and investor interest in event-driven crypto markets. The surge highlights how decentralized prediction markets are being used to hedge against geopolitical risks. This trend could impact crypto volatility as traders speculate on war outcomes. For MENA investors, the move underscores the growing role of crypto in managing regional geopolitical tensions.