2026-01-07 03:28:21

Recently, the prediction market platform Polymarket has made a notable change in their official documentation — they have started charging the taker side in their "15-minute cryptocurrency price movement markets." This breaks the long-standing zero-fee model that Polymarket has promoted, but it’s important to note that this new policy only applies to specific short-term crypto markets, while most other markets remain fee-free.

Regarding this adjustment, Polymarket’s approach is quite interesting. The fees collected from the taker side are not kept by the platform but are fully redistributed daily to liquidity providers (the order-placing parties) in the form of USDC. In other words, this fee becomes a subsidy to incentivize order placement.

The purpose of this design is very clear — to establish a stable liquidity subsidy mechanism that supports market quotes and depth. The platform emphasizes that this is not a commission or tax, but a necessary measure to maintain market vitality.

Interestingly, the fee rate is not fixed. According to official documents, trading fees will fluctuate dynamically with market probabilities. When the market probability approaches a 50/50 split, the fee is actually at its highest. This indicates that Polymarket has developed a more nuanced understanding of liquidity needs under different market conditions.

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FOMOrektGuy

· 01-09 16:37

Hmm... Another new way to cut leeks? Honestly, it's still about us footing the bill. Speaking of, this dynamic fee structure is quite clever; during a 50-50 split, the fees are the highest. This guy is really figuring out how to exploit the system. It's not a commission? Come on, Polymarket, we all know what's going on. Refunding fees to LPs and calling it a subsidy? Trying to whitewash themselves here. In the end, it's still the single side taking the hit. This short-term market is getting more and more expensive. I think I'll play on other platforms; I'm tired of this routine.

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DegenWhisperer

· 01-09 09:49

Basically, it's just charging under a different name. Incentivizing liquidity providers sounds nice, but ultimately, the order eaters still have to foot the bill.

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GateUser-9ad11037

· 01-09 01:06

Oh wow, this move is pretty clever. It seems like zero fees on the surface, but they're still taking a cut. Wait, are they refundting all the fees to the LP? Then I, the order taker, would be getting cut and still have to watch others profit from subsidies. The highest fees are during the 50/50 split... It's definitely a bit smart, but it feels a little shady.

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PriceOracleFairy

· 01-07 03:57

yo polymarket really said "we're not taking cuts, we're just... redistributing value" lmao. dynamic fees at 50-50 odds? that's lowkey genius market design ngl, they're literally pricing liquidity based on entropy. watched this same playbook wreck a few dexes back in '22 fr

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GateUser-26d7f434

· 01-07 03:52

Oh no, Poly has started to cut again. The dream of zero fees is just like that. But this logic of returning to LPs is indeed a bit clever... it just feels like the takers still lose out. Is the highest fee at 50-50? Is this implying that the less certain the market, the more it needs to be cut? Alright, alright. Wait, is this just a short-term market fee? Is the long-term safe, or are we just waiting for the next cut? Honestly, I really admire this kind of "not a tax but a subsidy" rhetoric; it makes me want to applaud. Why is another platform starting to charge again... if this continues, the prediction market won't be able to keep up either. What does it mean by necessary measures to maintain market vitality? It sounds really hard to support. But the dynamic fee rate part is somewhat interesting, definitely better than a one-size-fits-all approach. Another platform claiming to be free finally charging everything, this script in Web3 is almost rotten through.

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StableBoi

· 01-07 03:51

Oh no, they're starting to charge again. This time, are they really doing it for liquidity or just talking nicely? Feels like the same old trick—ultimately, one side still has to pay the bill. Is the highest fee during the five-five split? The design is indeed interesting, but it feels like a way to milk users. By the way, returning fees to LPs—how long can this logic hold up? Finally, it's clear—there's no such thing as forever zero fees, just a different way of charging. So, short-term contract trading has now become the fastest way to cut the leeks? This is outrageous. The dream of zero fees should wake everyone up.

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PanicSeller

· 01-07 03:31

Uh, isn't this just a disguised form of taking a cut? Sounds nice to say.

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