Polymarket's monthly protocol fees reached $43.36 million in April, a new all-time high that more than doubled the prior month's figure, according to data from DeFi Oasis. Annualised, that run-rate implies roughly $520 million in fees per year.
The split breaks down to $37.81 million from Polymarket Global and $5.55 million from Polymarket US. Together, the two venues captured over 97% of all fees generated across the on-chain prediction market sector in April — a near-total dominance that underscores how concentrated activity remains in a single protocol.
The surge likely reflects elevated political and macro event volume, which has historically driven spikes in prediction market activity.
Original content
Polymarket April Fees Hit Record High at $43.36 Million
According to @defioasis data, Polymarket’s monthly fees reached $43.36 million in April, a record high and more than doubling month-over-month, implying annualized fees of approximately $520 million. Of this, Polymarket Global generated $37.81 million, while Polymarket US contributed $5.55 million. Notably, the two Polymarket markets accounted for over 97% of total fees in the on-chain prediction market sector. https://t.co/DrbRdytIuo
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