- The platform introduced its first-ever trading fees for its US app and short-term cryptocurrency markets.
- Takers will pay a 0.01% fee, which is the first direct revenue stream for Polymarket.
- The decision marks a new strategy as Polymarket grows its mainstream crypto-trading business.
Polymarket has introduced trading fees, marking a significant shift in its business model as it expands beyond niche prediction markets into more mainstream crypto trading.
The platform confirmed that it has begun charging fees on its short-duration cryptocurrency price markets and on its Polymarket US app, which is currently available in private beta. Until now, Polymarket had operated entirely on a zero-fee structure, positioning itself as a low-friction alternative to traditional trading and betting platforms.
New fee structure takes effect
Under the new schedule, takers on the Polymarket US app will pay 1 basis point, or 0.01%, per trade. Polymarket has also applied fees to its 15-minute cryptocurrency price markets, which allow users to speculate on short-term price movements of major digital assets.
The company said the change establishes its first direct source of revenue, following years of growth without transaction fees. Polymarket did not disclose whether maker fees will follow or if the current structure will expand to longer-duration prediction markets.
By targeting short-term crypto markets and the US app first, Polymarket appears to be testing user response while limiting disruption to its core prediction market audience.
Strategic shift toward sustainability
Polymarket describes itself as the world’s largest decentralized prediction market, offering contracts on politics, economics, sports, and crypto events. The platform built its early momentum by removing trading fees entirely, a strategy that helped attract liquidity and users during its growth phase.
However, the launch of the Polymarket US app signals a broader ambition. Unlike traditional prediction markets that settle on real-world outcomes, the US app focuses more directly on price-based trading, placing Polymarket closer to conventional financial products.
As the platform moves into regulated and mainstream-facing markets, monetization becomes harder to avoid. The addition of a small taker fee will enable funding of the infrastructure and development at Polymarket without affecting users much.
Fees align with crypto market norms
The taker fee of 1 basis point is considerably lower than the industry average. This is because most of the centralized exchanges charge between 5 and 10 basis points for spot transactions. Derivatives platforms charge more due to leveraged positions.
Keeping fees low will help Polymarket maintain its reputation as an efficient market while still profiting from the increased trading. The focus on short-duration markets is also reflective of user groups that are concerned about more precise predictions over shorter-duration markets.
Expansion raises competitive stakes
This move pushes Polymarket closer to competition with both cryptographic trading platforms and traditional financial forecasting websites. As more and more people view forecasting markets as trading platforms and not as gimmicks, the websites of such markets face challenges.
The charging of fees also points to a degree of confidence in user retention. Polymarket, which has spent so long operating without charging fees, is confident in its ability to retain users despite charging fees.
For now, the fee rollout remains limited in scope. Still, it marks a turning point for a platform that built its identity around zero fees.
As Polymarket presses forward with the addition of more US-based products and crypto price markets, investors and participants will be anxious to see if the increased revenue stream grows well without jeopardizing user engagement.
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Source: https://thenewscrypto.com/polymarket-introduces-trading-fees-on-us-app-and-crypto-markets/