A leading prediction market platform adjusts fee rates: dynamic transaction fees are introduced in the short-term cryptocurrency market, benefiting liquidity providers.
【Blockchain Rhythm】Recently, a leading platform focused on prediction trading updated its official documentation to include taker fees in the 15-minute cycle cryptocurrency price fluctuation market. This marks a clear change from its long-standing “zero fee” tradition.
How exactly is it charged? It’s simple—takers pay a fee, but this money doesn’t go into the platform’s pocket. Instead, it is returned daily to market makers and liquidity providers in the form of USDC. This effectively uses fees to incentivize liquidity. It’s important to note that this adjustment only applies to the 15-minute crypto market; most other markets still maintain zero fees.
As for how the fee rate is calculated, here’s the interesting part—it’s not fixed but fluctuates with market probability. When the price is near 50%, the fee is highest; as it approaches 0% or 100%, the fee decreases and eventually approaches zero. According to the official example, a contract of 100 units traded at $0.50 results in a fee of about $1.56, roughly 3% of the transaction amount (at the highest fee rate).
The platform hasn’t made an official announcement; these terms were quietly added in the documentation. Community feedback has been quite positive, generally viewing this not as disguised charging but as a measure to combat high-frequency bots and wash trading, aiming to improve market structure, enhance liquidity quality, and narrow spreads. The platform also clarified that long-term event markets, political predictions, and non-crypto markets are unaffected, so the impact on ordinary users is actually limited.
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ApeDegen
· 16h ago
Here comes another round of harvesting the little guys, but this time it's a bit more interesting... Returning the fees to LP is a bit more fair.
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DegenDreamer
· 21h ago
Ha, this is the real incentive mechanism. The zero-fee era is indeed coming to an end.
Taker bleeding, liquidity providers eating the meat—these game rules have changed.
Wait, is the highest fee at 50%? Isn't that the hardest position to judge? Oh my, this design is a bit ruthless.
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GasGasGasBro
· 01-06 12:45
Here comes the taker cut again, just a rationalized excuse. To be honest, it's still about fees, just using a different approach 🤷
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NightAirdropper
· 01-06 12:41
You're trying to cut takers again, huh? The good days of zero fees seem to be truly over.
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ReverseFOMOguy
· 01-06 12:35
Oh wow, the zero fee era is coming to an end. I thought I could get free trades forever.
The dynamic fee rate system is pretty clever—taking a big cut at 50%, the more extreme, the cheaper... Honestly, it's incentivizing liquidity, but frankly, it's just harvesting the retail investors.
LPs should be thrilled, but takers need to think it over.
A leading prediction market platform adjusts fee rates: dynamic transaction fees are introduced in the short-term cryptocurrency market, benefiting liquidity providers.
【Blockchain Rhythm】Recently, a leading platform focused on prediction trading updated its official documentation to include taker fees in the 15-minute cycle cryptocurrency price fluctuation market. This marks a clear change from its long-standing “zero fee” tradition.
How exactly is it charged? It’s simple—takers pay a fee, but this money doesn’t go into the platform’s pocket. Instead, it is returned daily to market makers and liquidity providers in the form of USDC. This effectively uses fees to incentivize liquidity. It’s important to note that this adjustment only applies to the 15-minute crypto market; most other markets still maintain zero fees.
As for how the fee rate is calculated, here’s the interesting part—it’s not fixed but fluctuates with market probability. When the price is near 50%, the fee is highest; as it approaches 0% or 100%, the fee decreases and eventually approaches zero. According to the official example, a contract of 100 units traded at $0.50 results in a fee of about $1.56, roughly 3% of the transaction amount (at the highest fee rate).
The platform hasn’t made an official announcement; these terms were quietly added in the documentation. Community feedback has been quite positive, generally viewing this not as disguised charging but as a measure to combat high-frequency bots and wash trading, aiming to improve market structure, enhance liquidity quality, and narrow spreads. The platform also clarified that long-term event markets, political predictions, and non-crypto markets are unaffected, so the impact on ordinary users is actually limited.