Polymarket to Launch Taker Fee Rebate Program with Up to 50% Refund

iconChainthink
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Polymarket will launch a taker fee rebate program next week, returning up to 50% of fees to active traders. Users must maintain a 30-day weighted trading volume above $2,000 to qualify, with the highest rebate available to those reaching $10 million in trading volume. This move could influence altcoins to watch, as volume-driven incentives attract increased market activity.

ChainThink reports that Polymarket official Mustafa stated on X that next week they will launch a "Taker Fee Rebate Program," offering users who place taker orders up to a 50% fee rebate.

According to the data disclosed by Mustafa, users must have a weighted trading volume exceeding $2,000 over the past 30 days to qualify for maker fee rebates, and a weighted trading volume exceeding $10 million over the past 30 days to qualify for the highest tier (50%) of maker fee rebates.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.