Polymarket has set a new record with weekly fees reaching $9.8 million, according to data from Defioasis. This surge translates to an annualized fee rate exceeding $500 million. The on-chain prediction market's total weekly fees surpassed $10 million for the first time, with Polymarket commanding a dominant 96.9% market share.
Polymarket Weekly Fees Hit Record $9.8 Million, Dominates Prediction Market
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