Polymarket Q2 first week transaction fee reached 7.1 million US dollars

Polymarket predicts a first week transaction fee of approximately 7.1 million US dollars in the second quarter, with an annualized revenue of 365 million US dollars, accounting for approximately 96.8% of the on chain predicted market transaction fee share. The growth is due to the pricing reform on March 30th, with a daily transaction fee of approximately $1 million and a total lock up value of $432 million. The Intercontinental Exchange completed a $600 million investment on March 27th and distributed event driven data. The platform replaces USDC.e with Polymarket USD on Polygon. Regulatory risks still exist in some regions.