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
01 / 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
02 / IN PRACTICE
What you can do
01Peer-to-peer order book
02pUSD-backed outcome positions
03Smart wallets on Polygon
04UMA-based market resolution
03 / 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
