Polymarket Responds to High Fee Dispute: Admits Calculation Error and Fixes It, Abnormal Fees Removed

Odaily Planet Daily News reports: The Polymarket team, a prediction market platform, announced on Discord that, in response to the community’s prior concerns that some category fee rates were too high, a change intended to optimize the fee curve was mistakenly using taker成交量 denominated in USD. It has now been changed to be calculated based on “share quantity.” This approach is a standard practice in the industry and can effectively eliminate fee imbalances. The team said that in weather and economics markets, the erroneous calculation method combined with the additional index introduced due to the above mistake caused the fee curve to become severely distorted—especially in low price ranges (such as 0.1 cents), where abnormally high fees appeared. This is also the main reason behind the recent social media controversy over “super high fees.” The platform has now revised the fee schedule and removed the related index, and the fee structure for all markets has returned to normal.

In addition, the team recommends that if users are sensitive to fees, they can achieve fee-free trading by placing limit orders. Meanwhile, with the latest update now live, users can also receive a maker rebate incentive of 20% to 25%.