Polymarket to Introduce Taker Fees on March 30, Ending Zero-Fee Model

According to CryptoNews, the decentralized prediction market platform Polymarket has announced the introduction of taker fees for the first time across nearly all trading categories, effective March 30, with rates varying by category. Cryptocurrency-related contracts carry the highest fees, peaking at 1.8%; lower tiered rates apply to political, sports, financial, cultural, weather, and general categories; mention-based and certain economic bets peak at approximately 1.5%. Geopolitical betting is the only category exempt from fees. Makers will continue to receive rebates, ranging from 20% to 50% depending on the category. This change ends Polymarket’s long-standing zero-fee model, which helped the platform attract significant liquidity during the 2024 U.S. election cycle. The platform frames the fee adjustment as a necessary step toward sustainable growth and improved liquidity provision.