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Polymarket

Live

Decentralized prediction market on Polygon — USDC-settled, UMA/Chainlink/Pyth-resolved, ICE-partnered.

Visit Polymarket

Type

CLOB

Chain

Polygon

Settlement

USDC

Oracle

Fee

0–7.2% See fees

Fees

Effective as of Jun 2026 · source

Makers pay 0%. Takers pay a category rate against a symmetric parabolic curve: fee per share = rate × price × (1 − price), peaking at 50¢ and tapering to 0 at the extremes. Geopolitics & World Events is fee-free. Makers also receive a daily rebate of 20–25% of collected taker fees.

Trading

Category Maker Taker^* Maker rebate

Geopolitics & World Events 0% 0% —

Sports 0% 3% 25%

Finance / Politics / Mentions / Tech 0% 4% 25%

Economics / Culture / Weather / Other 0% 5% 25%

Crypto 0% 7% 20%

* Taker fee scales with contract price (fee per share = rate × price × (1 − price)). Peak at 50¢, zero at the extremes — open to see the curve.

Maker rebate: Daily payout in USDC to liquidity providers, taken from collected taker fees (Maker Rebates Program).

Deposits

Crypto on Polygon

0 (network gas only)

Coinbase / MoonPay

On-ramp fees pass through

Withdrawals

Crypto on Polygon

0 (network gas only)

What's distinctive: Only top venue with a fee-free category — Geopolitics & World Events trade at zero cost.

Where it's available

Primary source

Polymarket Help Center — Geographic Restrictions · verified 2026-06-20

Hover or tap a country for details · Map: simple-world-map (Al MacDonald / Fritz Lekschas, CC BY-SA 3.0)

Team

Shayne Coplan

Founder & CEO · NYU CS

Ari Borod

President of Sports Business Development · ex-Fanatics CBO · ex-FanDuel

Neal Kumar

Chief Legal Officer · ex-Willkie Farr & Gallagher · ex-CFTC OGC

Josh Stevens

VP of Engineering (DeFi) · ex-Aave Labs SVP Eng

Advisors

Nate Silver

Advisor · Founder of FiveThirtyEight (Silver Bulletin)

J. Christopher Giancarlo

Advisor · former Chairman of the CFTC (2017–2019)

Donald Trump Jr.

Strategic Advisor · via 1789 Capital

Investments

ICE follow-on 2026-03 Raised: $600M

Completes the up-to-$2B strategic commitment first announced in October 2025.

ICE (NYSE) Lead

Strategic — ICE 2025-10 Raised: up to $2B (initial $1B) Valuation: $8B pre / $9B+ post

ICE (NYSE) Lead

Late-stage (undisclosed at the time) 2025 Raised: $150M

Disclosed publicly only when Polymarket announced the ICE deal in Oct 2025.

Series B 2024-05 Raised: $45M Valuation: ~$1B

Seed 2020-07 Raised: $4M

About

Polymarket is a decentralized prediction-market protocol on Polygon. Users trade YES / NO shares of binary outcome contracts; the winning side resolves to $1.00, the losing side to $0.00. Liquidity is matched off-chain via a CLOB; settlement and custody are on-chain in USDC. Resolution runs on a three-oracle stack: UMA's Optimistic Oracle for text outcomes (elections, sports, news), Chainlink Data Streams + Automation for sub-15-minute crypto markets (since Sept 2025), and Pyth Pro for traditional-asset markets — equities, gold, oil, equity indices (since April 2026). The platform broke into mainstream awareness during the 2024 US election cycle, calling the result ahead of mainstream polling.

History

2020 Founded by Shayne Coplan on Polygon.
2022 CFTC settlement; US users blocked. $1.4M penalty; cease-and-desist (CFTC press release 8478-22, 3 Jan 2022).
2024 Record volume on US election cycle.
2025-09 Integrates Chainlink Data Streams + Automation for sub-15-min crypto markets (12 Sep 2025).
2025-10 Intercontinental Exchange (ICE, owner of NYSE) announces a strategic investment of up to $2B (initial $1B), reflecting ~$8B pre-money / $9B+ post-money valuation (7 Oct 2025).
2026-03 ICE adds a follow-on $600M direct cash investment, completing its commitment toward the ~$2B target (27 Mar 2026).
2026-04 April 2026 upgrade: migrates from bridged USDC.e to Polymarket USD (pUSD, 1:1 USDC-backed); adds Pyth Pro for traditional-asset markets (stocks, gold, oil, indices); ships smart-contract-wallet support and a new order-matching engine.