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Polimarkt recorded daily fee revenues of more than 1 million dollars on April 1, after which the platform for buyer fees was expanded to include almost all market categories.
It saw a jump in revenue from $696,000 on March 31, following the application of customer purchases on March 31 to the politics, finance, economy, culture, weather, and technology markets.
From growth strategy to revenue generation machine
Polimarkt previously charged fees only on digital currency and sports contracts. apply the updated structure A dynamic model depends on the probability, where the graphs reach their peak at the probability, where the graphs reach their peak when the probability is low and decrease near the extreme ends.
Digital currency markets have the highest average at 1.80%, while sports remain at 0.75%.
More information USDC 20% to 25% of fees according to category. Geopolitics and events are not included in the fees.
The source of the series DefiOasis mentioned that the fees on April 1 amounted to 927,000 dollars on Dune Analytics, which means that the employees are less than 338 million dollars.
Al-Mahlal said that “the total revenue for the whole day on April 1 reached 927,000 dollars, and it is expected that the daily million dollars in the coming days will be equivalent to the next month. 338 million dollars”.
DefiLlama data showed a higher figure, which is 1.07 million dollars.
اØتدام competition across the networks
The change in fees arrives as the forecast markets attract new participants. The Binance wallet has started a trial test for the best predictions within the app.
According to the Defy Oasis report, open interest in Predict Fun rose to $23 million.
The volume of trading in the monthly forecast markets now exceeds 20 billion dollars throughout the month now.
It refers to the process of achieving rapid profits in this sector, from the expansion of the polimarkt fees reported for the annual operating profit of the company Kalshi with a value of 1.5 billion dollars, to the achievement of sustainable revenues.
It depends on whether Polymarkt will keep more than $1 million in volume-based fees steady while buyers adjust to the new cost structure.
