Polymarket Revenue Jumps as New Fees Take Effect
DefiLlama data shows Polymarket fees jumping from about $363,000 to over $1 million, with revenue peaking near $995,000 before easing.
DefiLlama data shows Polymarket fees jumping from about $363,000 to over $1 million, with revenue peaking near $995,000 before easing.
Paradigm, one of the biggest crypto VCs and backers of Kalshi, is reportedly building a prediction market terminal for professional traders and market makers.
The CFTC has confirmed that insider trading laws apply to prediction markets and vowed to go after those who trade on misappropriated information.
Texas lawmakers are expected to reconvene in January 2027, having passed a Bitcoin reserve law in their previous legislative session.
More than 40 US lawmakers have urged regulators to warn federal employees against using insider knowledge in prediction markets, citing suspicious trades and potential violations of the STOCK Act.
The NFL reportedly sent letters to prediction market companies, objecting to the platforms listing types of event contracts that could be easily manipulated by a single person.
Bernstein says Coinbase, Robinhood and Figure are around 60% below 2025 highs but poised to benefit from growth in stablecoins, prediction markets and tokenized credit.
A Polymarket trader profited roughly $67,000 after the UFC wrongly declared the wrong winner, with the trader scooping up 1-cent shares for the eventual winner to bank a 100x profit.
Prediction market transactions recorded a more than 2,838% increase in March compared to the same time last year, with TRM Labs attributing the overall market growth to improved accessibility.
California Governor Gavin Newsom has signed an executive order banning appointees of the governor from insider trading on prediction market platforms.
Stablecoins face regulatory pressure as institutions advance adoption, prediction markets tighten rules and AI agents unlock new micropayment models.
The P2P.me trading platform team disclosed that it opened Polymarket bets regarding its latest funding round, as scrutiny of prediction markets heats up.
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