Polymarket's pricing reform leads to $7.1 million in trading fees in the first week of Q2

Golden Finance reports that it is forecasted that Polymarket will collect about $7.1 million in trading fees 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, or 96.8% of on-chain prediction market trading-fee share.
Analysis suggests that this growth is driven by the pricing reform on March 30, with the daily trading-fee level staying at around $1 million and trading activity remaining consistently high. According to DeFiLlama data, Polymarket’s total value locked (TVL) stands at $432 million, close to the peak during the 2024 U.S. election period.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin