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Polymarket's pricing reform leads to $7.1 million in trading fees in the first week of Q2
Golden Finance reports that it is forecasted that Polymarket will collect about $7.1 million in trading fees in the first week of Q2, becoming one of the most profitable protocols in DeFi; if it maintains this pace, its annualized trading-fee revenue could reach about $365 million, or 96.8% of on-chain prediction market trading-fee share.
Analysis suggests that this growth is driven by the pricing reform on March 30, with the daily trading-fee level staying at around $1 million and trading activity remaining consistently high. According to DeFiLlama data, Polymarket’s total value locked (TVL) stands at $432 million, close to the peak during the 2024 U.S. election period.