Polymarket Sees $7.1 Million in Trading Fees in First Week of Q2 After Pricing Reform

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Prediction market Polymarket collected approximately $7.1 million in trading fees during the first week of Q2, making it 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. Analysts believe this growth stems from the pricing reform implemented on March 30, with daily trading fee levels maintained at around $1 million and trading activity remaining high. According to DeFiLlama data, Polymarket’s total value locked (TVL) has reached $432 million, nearing its peak during the 2024 U.S. presidential election.

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