BlockBeats news, April 3, according to Defillama data, indicates that the prediction market Polymarket is ranked fifth among crypto protocols by projected daily revenue, at $1.71 million.
BlockBeats previously reported that Polymarket, starting March 30, began charging a Taker (order-taking) fee for the first time across nearly all trading categories. The new fee structure uses variable rates, with the peak fee rate for contracts related to cryptocurrencies reaching as high as 1.8%; the actual fees will follow a curve that changes based on share prices and market dynamics. Sports, finance, politics, culture, weather, and general categories use lower tiered fee rates, while mention-type and certain economic-category predictions have higher peak fee rates, at about 1.5%.
In addition, when team member Mustafa responded to a community member’s question—“Will the platform support paying fees with the POLY token to receive a fee discount?”—he gave an affirmative reply.