Polymarket's New Fee Structure Boosts Daily Revenue to 7th Among Crypto Protocols

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On April 1, data from Defillama showed that the prediction market Polymarket ranked seventh among crypto protocols in daily revenue, reaching $550,000. BlockBeats previously reported that starting March 30, Polymarket began charging Taker fees on nearly all transaction categories. The new fee structure employs a variable rate, with peak fees for cryptocurrency-related contracts reaching up to 1.8%, while actual fees fluctuate based on share prices and market dynamics. Sports, finance, politics, culture, weather, and general categories have lower tiered rates, while mention and certain economic forecasts have higher peak rates of around 1.5%.

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