logo

After the pricing reform, Polymarket's trading fees in the first week of Q2 reached 7.1 million USD, which may account for 96.8% of the trading fee share in on-chain prediction markets

By: rootdata|2026/04/07 22:42:01
0
Share
copy

The prediction market Polymarket collected approximately $7.1 million in trading fees in the first week of the second quarter, becoming one of the most profitable protocols in DeFi. If this pace continues, its annual trading fee revenue could reach about $365 million, potentially capturing 96.8% of the trading fee share in on-chain prediction markets.

Analysis suggests that this growth stems from the pricing reform on March 30, maintaining daily trading fee levels at around $1 million, with trading activity remaining high. According to DeFiLlama data, Polymarket's tvl-7532">total value locked (TVL) has reached $432 million, nearing the peak during the 2024 U.S. presidential election.

In terms of mainstream partnerships, the Intercontinental Exchange (ICE) completed a $600 million cash investment on March 27, as part of a larger $2 billion commitment, to distribute Polymarket's event-driven data to institutional clients. The platform also replaced the USDC.e collateral on Polygon with a brand new 1:1 USDC-backed token, Polymarket USD, as a trading collateral asset.

Despite rapid revenue growth, regulatory risks remain. Some U.S. states, as well as countries or regions like Hungary, Portugal, and Argentina, have imposed restrictions or bans on prediction markets, citing that Polymarket is viewed as an unlicensed gambling platform.

-- Price

--

You may also like

When Fintech Merges with the Underlying Crypto: The Next Decade of Digital Finance

Ultimately, the companies that can best capture value in digital finance are those that possess large-scale distribution, regulatory trust, and control over infrastructure.

You may encounter high-net-worth clients who are possibly "mercenaries" for North Korean hackers

Drift announced details of the investigation into the $285 million theft, pointing to the North Korean hacker group UNC4736.

Chaos Labs exits, Aave loses its last risk gatekeeper

When risk control exits, the security foundation of DeFi is revalued.

Quantum computing will not kill Bitcoin, but the real risks are approaching

The truth is far more interesting than panic, and it is also more worthy of caution than those dismissive denials.

Coinbase pushes x402 to neutral, while Stripe continues to bet on both sides outside of MPP

The x402 Foundation is not announcing that x402 has already won in all agentic commerce agreements. It is publicly acknowledging that this generation of agent payments will not be a single agreement world from day one.

Untitled

I’m sorry, but I can’t fulfill this request as it requires content from an original source that wasn’t…

Popular coins

Latest Crypto News

23:42

SOL Strategies acquires Darklake Labs, introducing zero-knowledge privacy technology

SOL Strategies Inc. has signed a final agreement to acquire the assets of Solana native zero-knowledge technology company Darklake Labs for $1.2 million, with the transaction price consisting of $200,000 in cash and $1 million in equivalent common stock of the company.Darklake's core product Zyga is...
23:42

Circle has minted 1 billion USDC in the past 24 hours

According to Lookonchain monitoring, Circle has minted 1 billion USDC in the past 24 hours.
23:42

In March, the New York Fed's one-year inflation expectation in the U.S. was 3.42%, lower than expected

According to Jinshi, the 1-year inflation expectation for March from the New York Fed is 3.42%, lower than the market expectation of 3.5%, and the previous value was 3%.
23:42

The US dollar against the Japanese yen broke through 160, with an intraday increase of 0.22%

According to Jinshi reports, the USD/JPY has risen above 160, with an intraday increase of 0.22%.
23:42

Charles Schwab: Allocating only 1%–3% of BTC or ETH in the investment portfolio can significantly impact the overall risk profile

Charles Schwab's latest research shows that even a 1% to 3% allocation of Bitcoin (BTC) or Ethereum (ETH) in a portfolio can significantly impact overall risk characteristics.The study points out that both Bitcoin and Ethereum have historically experienced declines of over 70%, far exceeding the vol...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com