Polymarket Fees Reach About $7.1 Million After March 30 Pricing Change
The prediction market platform’s total value locked rose above $432 million in early April, while Intercontinental Exchange made a $600 million cash investment on March 27.
Summary
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Terms & Concepts
Prediction market: A platform where users trade on the outcomes of future events, with prices reflecting collective expectations.
TVL (total value locked): The total value of assets deposited in a crypto platform or protocol, often used as a gauge of activity and liquidity.
Fees: Charges collected by a platform for facilitating trades or transactions, forming a key source of revenue.