Polymarket fees: what you pay, and what Polymarket collects
Takers pay a fee that depends on the market category and peaks at 50¢, and get part of it back by tier; makers pay nothing and share the fees. Below: the current rates from Polymarket's fee page, taker versus maker, the formula with a calculator, the rebate tiers, the same trade on Kalshi, and what Polymarket actually collects each day, measured from on-chain fills rather than announcements.
How much are Polymarket fees?
Polymarket charges a taker fee only, on orders that fill against the book: shares × rate × price × (1 − price). The rate depends on the market category: 7% in crypto, 5% in sports, 4% in politics, finance, tech and mentions, 5% in economics, culture, weather and other markets, and 0% in geopolitics. For 100 shares at 50¢ that is $1.75 in crypto, $1.25 in sports, $1.00 in politics and $0 in geopolitics. Makers, whose resting orders get filled, pay nothing and share 15% to 25% of the taker fees of each market as rebates. Takers earn 3% to 50% of their own fees back by tier, from their last 30 days of weighted volume. There is no Polymarket fee to deposit or withdraw USDC.
| Market category | Taker rate | 100 shares at 50¢ | Makers share | wV weight |
|---|---|---|---|---|
| Crypto | 7% | $1.75 | 20% of fees | 2.3 |
| Sports | 5% | $1.25 | 15% of fees | 1.0 |
| Politics, finance, tech, mentions | 4% | $1.00 | 25% of fees | 1.3 |
| Economics, culture, weather, other | 5% | $1.25 | 25% of fees | 1.7 |
| Geopolitics | 0% | $0.00 | — | 0 |
The fee is shares × rate × price × (1 − price), rounded to five decimals, so it is largest at 50¢ and shrinks towards the extremes: 100 crypto shares cost $1.75 in fees at 50¢ and $0.63 at 10¢ or 90¢. Source: Polymarket's fee documentation.
Do makers pay fees on Polymarket?
The fee depends on which side of the trade you are on. A taker is the order that fills against resting liquidity, and pays the fee at the fill. A maker is the resting order that gets filled: it pays nothing, and every day Polymarket splits a share of each market's taker fees among its makers, 20% in crypto, 15% in sports and 25% in the other categories, pro rata to each maker's fee-equivalent in that market, paid in pUSD with a $1 minimum. Geopolitics markets are fee-free, so they carry no maker rebate.
Polymarket fee calculator
Polymarket: shares × 0.04 × p × (1 − p), rounded to 5 decimals; the rebate is paid back daily in pUSD. This trade adds $32.50 of Weighted Volume ($50.00 × (1 − p) × 1.3) towards your next tier. Kalshi: 0.07 × contracts × p × (1 − p) on its general schedule, rounded up to the cent. Both peak at 50¢ and fall towards 1¢ and 99¢.
How do Polymarket taker rebates work?
Since 28 May 2026, takers get part of their fees back through seven tiers of the Taker Rebate Program: Bronze from $2,000 of 30-day weighted volume returns 3%, Silver from $20,000 of 30-day weighted volume returns 8%, Gold from $200,000 of 30-day weighted volume returns 18%, Platinum from $1,000,000 of 30-day weighted volume returns 32%, Diamond from $4,000,000 of 30-day weighted volume returns 44%, Obsidian from $10,000,000 of 30-day weighted volume returns 50%, each with a one-off level-up bonus of $10 to $25,000. Weighted volume counts taker trades only: trade size × (1 − entry price) × a category weight of 2.3 in crypto, 1.7 in economics, culture, weather and other, 1.3 in politics, finance, tech and mentions, 1.0 in sports and 0 in geopolitics. The tier is recalculated daily at midnight UTC on the last 30 days, downgrades apply after a short grace period, rebates are paid daily in pUSD with a $1 minimum and only on trades made after the tier was reached, and omnibus wallets of third-party integrations are not part of the programme.
| Tier | 30-day weighted volume | Fees returned | Level-up bonus |
|---|---|---|---|
| None | under $2,000 | 0% | — |
| Bronze | from $2,000 | 3% | $10 |
| Silver | from $20,000 | 8% | $50 |
| Gold | from $200,000 | 18% | $250 |
| Platinum | from $1,000,000 | 32% | $1,500 |
| Diamond | from $4,000,000 | 44% | $7,500 |
| Obsidian | from $10,000,000 | 50% | $25,000 |
Source: Polymarket's Taker Rebate Program and Maker Rebates Program pages; the weights and shares are set by Polymarket and can change.
Does Polymarket charge fees on winnings?
No. Polymarket does not take a cut of winnings: a winning share redeems for $1.00 at resolution with no fee. The fee is charged when a taker order fills, so a trader who buys at 50¢ and holds to resolution pays once, on the way in; one who sells before resolution pays the taker fee again on the way out, if that sell order takes liquidity.
Polymarket fees vs Kalshi
Kalshi charges 0.07 × contracts × price × (1 − price) on its general schedule, rounded up to the cent, in every category (halved on some index markets), and on some markets a maker fee of a quarter of that. Polymarket's rate is 7% only in crypto, 4% to 5% elsewhere and 0% in geopolitics, its makers pay nothing, and its takers get 3% to 50% back by tier. For 100 contracts at 50¢, Kalshi takes $1.75; Polymarket takes $1.75 in crypto, $1.00 in politics and $0 in geopolitics, before any rebate. Kalshi's schedule is on its fees page.
How much does Polymarket collect in fees?
Measured on-chain by Strata, Polymarket's international exchange collected $199.21M in taker fees between 28 April 2026 and 8 October 2026, paid by 1,159,997 wallets: $29.89M in the last 30 days, $6.41M in the last 7, about $996.4K a day. In the week of 28 September 2026 it collected $6.67M and paid $3.48M back through its five reward programmes, 52% of the fees; since 28 April 2026, $101.84M of $199.16M (51%), of which $40.48M went back to makers and $27.76M to takers as rebates. Polymarket US, the CFTC-regulated exchange, charges its own schedule and is not included.
The daily series is on the buybacks dashboard under POLY, and the wallets that earn those rewards back are ranked on the rewards leaderboard.