Polymarket hit a peak of $995,000 in revenue on Wednesday after adopting a new fee model

GateNews

2026-04-02 10:41:51

Gate News message: On April 2, according to DefiLlama data, the predicted daily fees for Polymarket rose from about $363,000 on March 30 to more than $1 million on April 1 and April 2. Polymarket revenue (the portion retained after incentives) reached a peak of $995,000 on April 1, before falling to about $899,000 on April 2. This revenue growth came after Polymarket introduced a broader fee model on March 30. The platform expanded trading fees from crypto and sports to categories including finance, politics, economics, culture, weather, and technology, while keeping geopolitical and world events fee-free.

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