Post #11883

Polymarket Tops $750K in Daily Fees After Fee Overhaul On March 30, Polymarket rolled out its biggest fee structure overhaul yet, expanding taker fees across nearly all market categories: politics, finance, economics, culture, weather, and tech. Previously, only crypto and sports markets had fees. What changed: • Peak effective fees now hit 1.80% on crypto markets, 1.00% on politics/finance/tech, and 0.75% on sports • Fees are dynamic - highest at 50/50 probability, dropping toward the extremes • Geopolitics and world events remain fee-free • Makers still pay zero fees and now get 20–25% rebates funded by taker revenue The result? As you can see from DefiLlama - fees spiked to $764K on April 1 alone, absolutely dwarfing the ~$100K–$200K daily range from just weeks ago. The platform is now on pace to generate ~$1M/day, or roughly $300M annualized. Data🔗DefiLlama Top 7 Ecosystem:Alpha | X | Aggregator