Polymarket Launches Taker Fees on Short-Term Crypto Markets

Polymarket has made a notable update to its platform by introducing taker fees on its short-term cryptocurrency markets, particularly those with a 15-minute time frame. This change, reflected in their updated documentation, indicates that the fees will apply exclusively to taker trades.

The revenue generated from these taker fees will be redistributed to market makers as liquidity rebates, enhancing the liquidity provision on the platform. This move aims to encourage greater participation from market makers, fostering a more robust trading environment for users.