Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#广场发帖领$50 Odaily Planet Daily News: Polymarket is currently recruiting new members for its internal market-making team, which may trade against customers on its exchange. Previously, its main competitor Kalshi faced criticism for similar functionality.
Sources revealed that the New York-based prediction market startup has recently held talks with several traders, including sports betting traders, inviting them to join this new department. Polymarket declined to comment on the matter.
Polymarket and its main competitor Kalshi have both experienced rapid growth in recent months. Both offer exchanges where users can bet on the outcomes of sports games, elections, and other events, and have received approval from U.S. federal regulators. Both companies position themselves as neutral platforms, in contrast to traditional sportsbooks that set odds and profit from customer losses.
However, Kalshi has been operating a division called Kalshi Trading, which provides quotes on the exchange and effectively acts as the counterparty to some customer trades. Although Kalshi executives claim that the division is intended to increase liquidity and improve customer experience, critics argue that its market-making efforts present a conflict of interest with customers, making it resemble a traditional sportsbook. A proposed class action lawsuit filed last month alleges that the odds set by Kalshi Trading are unfavorable to customers.
Polymarket's move to form an internal market-making team comes as the company is re-entering the U.S. market after paying a $1.4 million fine to resolve regulatory violations and being ousted from the U.S. market for several years. Prediction markets operate by matching buyers and sellers of "yes" or "no" contracts and thus rely on market makers willing to take unpopular trades.