Polymarket has introduced taker-only fees exclusively on its 15-minute crypto prediction markets short-term “up or down” bets on assets like Bitcoin, Ethereum, Solana, and XRP that resolve every 15 minutes.
These fees are not retained by Polymarket as revenue—instead, 100% of the collected fees are redistributed daily in USDC to market makers through the new Maker Rebates Program. This incentivizes deeper liquidity, tighter spreads, and better market efficiency in these high-frequency markets, while discouraging excessive bot activity or wash trading.
Fees apply only to takers those who aggressively fill existing orders. Makers, those posting limit orders that add liquidity receive rebates proportional to their filled volume. The fee structure is dynamic: highest around 50% probability up to ~3%, e.g., ~$1.56 on 100 shares at $0.50, tapering to near-zero at extremes 0% or 100%.
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All other markets like political, event-driven, longer-term crypto remain completely fee-free. The change was implemented quietly via updated documentation, without a major public announcement, and has been generally well-received in the community as a sustainability upgrade for these volatile short-duration markets.
The Maker Rebates Program is a liquidity incentive initiative launched by Polymarket in early January 2026, specifically targeting its high-frequency 15-minute crypto prediction markets short-term “up or down” bets on assets like Bitcoin, Ethereum, Solana, and XRP that resolve every 15 minutes.
These fast-moving markets often attract algorithmic traders, bots, and arbitrageurs, leading to volatile liquidity and wider bid-ask spreads. The program aims to encourage market makers to post consistent, competitive limit orders, resulting in deeper order books.
More resilient markets during volatility. Reduced incentives for exploitative bot activity like wash trading or pure taker strategies. 100% of taker fees collected from trades in these 15-minute markets are pooled and redistributed as rebates. Polymarket retains none of the fees as revenue—this is not a traditional platform fee but a redistribution mechanism.
Who Pays: Only takers traders who aggressively fill existing orders, often using market orders pay fees. Who Earns: Makers those who post resting limit orders that add liquidity and get filled receive rebates. Payouts: Calculated and distributed daily in USDC.
Proportional to your share of executed (filled) maker liquidity in eligible markets. You earn based on the actual liquidity you provided that was “taken” by others. Applies only to 15-minute crypto markets. All other Polymarket markets like political, event-driven, longer-term remain completely fee-free.
Fees are dynamic and vary based on:Trade size (scales linearly). Market probability/price: Highest around 50% probability (mid-price), tapering to near-zero at extremes (close to 0% or 100%). Peak rate: Up to ~3.15% at 50/50 odds. This design charges more for trades in competitive, uncertain ranges while minimizing costs for directional bets near certainty.
Positive for makers: Creates sustainable income for liquidity providers, rewarding tight quoting. Discourages pure taker bots: High-frequency strategies relying on market orders become less profitable. Better execution for all traders, reduced bot exploitation, and more efficient markets.
Community feedback from traders and developers has been largely positive, viewing it as a mature step toward sustainability without broad fee imposition. If you’re an API trader or market maker, note that clients may need updates to handle the new structure.