Data: Polymarket's trading fee revenue in the first week of Q2 reached $7.1 million after the pricing reform.

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Odaily Planet Daily News: The prediction market Polymarket collected about $7.1 million in trading-fee revenue in the first week of Q2, becoming one of the most profitable protocols in DeFi. If it maintains this pace, its annualized trading-fee revenue could reach about $365 million, accounting for 96.8% of on-chain prediction market trading-fee share.

Analysts believe this growth comes from the pricing reform on March 30. After that, its daily trading-fee level has remained at around $1 million, with trading activity staying consistently high. According to DeFiLlama data, Polymarket’s total value locked (TVL) reached over $432 million, nearing the peak during the 2024 U.S. election. On mainstream partnerships, the Intercontinental Exchange (ICE) completed a $600 million cash investment on March 27 as part of a larger-scale $2 billion commitment, to distribute Polymarket’s event-driven data to institutional clients.

Despite the rapid revenue growth, regulatory risks remain. Some U.S. states, Hungary, Portugal, and Argentina—among other countries or regions—have imposed restrictions or blocks on prediction markets, on the grounds that Polymarket is seen as an unlicensed gambling platform. (Cointelegraph)

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