TLDR Tech / Crypto
Polymarket Expands Taker Fees to More Market Categories
Polymarket expands taker fees to nearly all market categories on March 30, adding politics, finance, economics, culture, weather, and tech to the existing crypto and sports markets, with only geopolitics remaining fee-free and the change applying solely to markets deployed on or after that date. Fees follow a dynamic curve that peaks at the 50% probability midpoint and tapers toward zero at the extremes, with crypto markets carrying the highest effective rate at 1.56% (targeting wash trading and HFT), while limit order makers pay nothing and receive daily USDC rebates. Analysts project $570K-$950K in net daily protocol revenue, annualizing to $209M-$342M, positioning Polymarket alongside Pump.fun (~$1M/day) and Hyperliquid (~$2M/day) among crypto's top fee-generating protocols off a base of ~$9.55B in 30-day volume.
Read the full story