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Polymarket drives Polygon fee revenue over $1.7 million, with over 12.5 million POL burned
ChainCatcher News, Castle Labs posted on the X platform that since the beginning of this year, Polygon’s protocol fee revenue has exceeded $1.7 million, and over 12.5 million POL tokens have been burned, worth more than $1.5 million.
The main reason for the revenue increase is that Polymarket has started charging for its 15-minute prediction markets. In the past 24 hours, Polymarket has contributed over $100,000 in fees to Polygon.