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Polymarket has enabled taker fees across multiple market categories. These fees fund a Maker Rebates program that pays daily USDC rebates to liquidity providers.

Why Maker Rebates

Deeper liquidity means tighter spreads, lower price impact, more reliable fills, and greater resilience during volatility. Maker Rebates incentivize consistent, competitive quoting so everyone gets a better trading experience.

How Maker Rebates Work

  • Paid daily in USDC: Rebates are calculated and distributed every day.
  • Performance-based: You earn based on the share of liquidity you provided that actually got taken.

Eligibility

Place orders that add liquidity to the book and get filled (i.e., your liquidity is taken by another trader).

Payment

Rebates are paid daily in USDC, directly to your wallet.

Funding

Maker Rebates are funded by taker fees collected in eligible markets. A percentage of these fees are redistributed to makers who keep the markets liquid. The rebate percentage differs by market type.
CategoryMaker RebateDistribution Method
Crypto20%Fee-curve weighted
Sports25%Fee-curve weighted
Finance50%Fee-curve weighted
Politics25%Fee-curve weighted
Economics25%Fee-curve weighted
Culture25%Fee-curve weighted
Weather25%Fee-curve weighted
Other / General25%Fee-curve weighted
Mentions25%Fee-curve weighted
Tech25%Fee-curve weighted
GeopoliticsFee-free
Polymarket collects taker fees in eligible markets across all fee-enabled categories. The rebate percentage is at the sole discretion of Polymarket and may change over time.

Fee-Curve Weighted Rebates

Rebates are distributed using the same formula as taker fees. This ensures makers are rewarded proportionally to the fee value their liquidity generates. For each filled maker order:
fee_equivalent = C × p × feeRate × (p × (1 - p))^exponent
Where C = number of shares traded and p = price of the shares. The fee parameters differ by market type:
CategoryFee RateExponent
Crypto0.0721
Sports0.031
Finance0.041
Politics0.041
Economics0.030.5
Culture0.051
Weather0.0250.5
Other / General0.22
Mentions0.252
Tech0.041
Geopolitics0
Your daily rebate:
rebate = (your_fee_equivalent / total_fee_equivalent) * rebate_pool
Totals are calculated per market, so you only compete with other makers in the same market.

Taker Fee Structure

Taker fees are calculated in USDC and vary based on the share price. However, fees are collected in shares on buy orders and USDC on sell orders. Fees are highest at 50% probability and lowest at the extremes (near 0% or 100%).

Fee Tables (100 Shares)

For detailed fee tables for each market category, see the Fees page.

Fee Precision

Fees are rounded to 4 decimal places. The smallest fee charged is 0.0001 USDC. Anything smaller rounds to zero, so very small trades near the extremes may incur no fee at all.

Which Markets Are Eligible

The following market categories have taker fees enabled and are eligible for maker rebates: Crypto, Sports, Finance, Politics, Economics, Culture, Weather, Tech, Mentions, and Other / General.
Fees apply only to markets deployed on or after the activation date. Pre-existing markets are unaffected. Markets with fees enabled have feesEnabled set to true on the market object.

FAQ

Place orders that add liquidity to the book and get filled (i.e., your liquidity is taken by another trader).
Daily, in USDC.
Rebates are proportional to your share of executed maker liquidity in each eligible market. Totals are calculated per market, so you only compete with other makers in the same market.
Taker fees collected in eligible markets are allocated to the maker rebate pool and distributed daily.
Crypto, Sports, Finance, Politics, Economics, Culture, Weather, Tech, Mentions, and Other / General markets. Fees only apply to markets deployed on or after the activation date.
Fees apply to markets in fee-enabled categories. Markets with fees enabled have feesEnabled set to true on the market object.

Next Steps

Fee Structure

Full fee handling guide for SDK and REST API users.

Place Orders

Start placing orders on Polymarket.