Tag: Polymarket

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Polymarket Grabs 97% of Onchain Prediction Market Fees After Overhaul

Polymarket has become one of decentralized finance’s most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week...

Polymarket Unveils Collateral Token to Replace Bridged USDC

Polymarket USD replaces bridged USDC as part of an exchange-wide upgrade.Polymarket on Monday unveiled Polymarket USD, a proprietary collateral token backed 1:1 by USDC...

84% of Polymarket Traders Are Losing Money, New Research Finds

On-chain researcher Andrey Sergeenkov found that only 2% of the 2.5 million wallets analyzed have ever made over $1,000.84.1% of all Polymarket traders are...

Polymarket to Launch Stablecoin, Order Book Overhaul in Prediction Market Upgrade

In brief Polymarket is upgrading its order book and smart contracts as part of its "biggest change to date." The platform is also unveiling its...

Polymarket Unveils Exchange Overhaul, Native Stablecoin As U.S. Expansion Looms

Bitcoin and crypto focused prediction market platform Polymarket is preparing its most significant infrastructure upgrade to date, rolling out a rebuilt trading...

Polymarket just revealed a ‘full exchange upgrade’ to take control of its own trading and truth

Polymarket said it expects to roll out a new 1:1 USDC-backed collateral token in the coming weeks as part of a broader overhaul of...

Polymarket pulls controversial Iran rescue markets after intense backlash

Polymarket has removed a betting market tied to the rescue of U.S. service members in Iran, after intense backlash and criticism from lawmakers this...

Polymarket Pulls Missing US Pilot Market, Faces Questions Over Rules

Polymarket removed a market tied to the fate of a missing US service member after mounting backlash, saying the listing violated its “integrity standards.”The...

Polymarket Lets Traders Bet on Stocks, Gold, and Oil Via Pyth Integration

The integration launches with more than a dozen U.S. stocks, major equity indices, and commodity contracts resolved using Pyth's real-time price data.Polymarket has expanded...

Polymarket Revenue Jumps as New Fees Take Effect

Prediction market Polymarket’s recent fee expansion has started to affect its numbers, with daily fees and revenue climbing sharply in the days following a...

Crypto Startup Uses Polymarket to Bet on Its Own Fundraise, Blindsiding Backers

In brief Stablecoin startup P2P.me went viral on X after apologizing for placing Polymarket wagers on its own fundraising efforts. P2P.me's biggest backers were unaware of...

NYSE Parent Firm ICE Finalizes $600M Investment In Polymarket — Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the latest development, Intercontinental Exchange (ICE), the parent company of the...