Peer-to-peer markets for event outcomes, with outcome tokens and settlement on Polygon. Current documentation names pUSD as collateral.
Sources checked 23 Sept 2026
THE PROJECT
What it does
Polymarket lets people trade shares in the outcomes of real-world events. Its international platform uses a peer-to-peer order book, with positions recorded on Polygon and pUSD used as the trading collateral. A Yes/No pair represents the two sides of a market; the winning outcome becomes redeemable after resolution.
The details of the question matter as much as the price. Each market specifies its resolution source and rules, while UMA's oracle provides a proposal and dispute process. Prices express traders' expectations, not a guaranteed forecast. This profile covers polymarket.com; the US service has a separate operator and access rules.
Where it stands out
Tradable event probabilities in one interface
Publicly inspectable onchain positions
Published resolution and dispute rules
IN PRACTICE
What you can do
01Peer-to-peer order book
02pUSD-backed outcome positions
03Smart wallets on Polygon
04UMA-based market resolution
THE PEOPLE
Who’s behind it
The international website identifies Adventure One QSS Inc. Polymarket US is separately operated by QCX LLC; this listing covers the international platform.
Fees & availability
Fees and costs
Consult the current official fee schedule.
Eligibility and availability
Availability depends on jurisdiction and product rules. A listing does not confirm your eligibility.
Resting limit orders can qualify; each incentivized market sets minimum size, maximum spread and its reward allocation. Rewards go to maker addresses daily at midnight UTC, with a $1 minimum payout. Scoring rewards tighter spreads and balanced liquidity.
Variable rewardsMarket-specific rewardsNo fixed end dateOfficial terms
Makers receive a share of fees when their resting orders are filled on eligible markets. This execution-based program is separate from rewards for resting liquidity.
Fee-funded rebatesShare of eligible taker feesNo fixed end dateOfficial terms
A rolling volume tier returns part of eligible taker fees. Weighted volume determines the tier, so gross trading volume alone does not establish a rebate rate.
Fee rebatesTier-based rebate on eligible feesRolling participation windowOfficial terms
