Polymarket Responds to Community Concerns Over High Fees: Controversial Parameter Removed, Taker Fees to Remain Across All Categories

BlockBeats News, April 1st, the Polymarket team announced on Discord that, in response to community concerns about high fees in certain categories, the team's original intention was to fix the fee curve. However, they mistakenly used USD taker volume and have now switched to calculating fees based on share count, which is an industry standard that can eliminate fee imbalance issues.

The team stated that in some markets (especially weather and economic markets), due to this change and the index added only to these two categories, the fee curve was severely distorted. At lower prices (e.g., 0.1¢), fees were abnormally high. This is why everyone complained about "super high fees" on social media. Currently, the fee schedule has been revised, the index has been removed, and all markets no longer have this issue. "The fees for these markets remain the lowest and most cost-effective on the internet."

At the same time, the team suggested that if users are concerned about fees, they can place limit orders for free trading and, through the new update, you can also receive a 20-25% maker rebate.