Airdrop Overhaul Proposal Expected to Layer New Fee Scheme, Polymarket Daily Revenue Ranks 5th Among Crypto Protocols

BlockBeats News, April 3rd, according to Defillama data, the prediction market Polymarket's daily revenue ranks fifth among DeFi protocols, reaching $1.71 million.

BlockBeats previously reported that starting from March 30th, Polymarket has imposed Taker fees for almost all trading categories for the first time. The new fee structure adopts a variable fee rate, with a peak fee rate of up to 1.8% for cryptocurrency-related contracts. The actual fee will change according to share price and market dynamics in a curved manner. Sports, finance, politics, culture, weather, and general categories have lower tiered fees, while mention categories and the peak fee rate for certain economic forecasts are higher, at around 1.5%.

In addition, Polymarket team member Mustafa, in response to a community member asking whether the platform will support using the POLY token for fee discounts, gave an affirmative answer.