Polymarket quietly introduced taker fees in its 15-minute cryptocurrency market.

PANews reported on January 6 that, according to Cointelegraph, prediction market platform Polymarket has updated its documentation, showing that its 15-minute cryptocurrency price fluctuation market now charges taker fees, marking a change from its long-standing zero-fee trading model.

According to the newly updated "Trading Fees" and "Market Maker Rebate Program" sections in the platform's documentation, the prediction market platform has enabled fees exclusively for takers in the 15-minute cryptocurrency market to fund liquidity incentives provided to market makers. Fees collected from takers are redistributed daily to liquidity providers in USDC stablecoins, rather than being retained by the protocol. This change applies only to these short-term cryptocurrency markets, while the vast majority of Polymarket's markets remain fee-free. While no official announcement was released for this update, the description of fees appears to be new, based on the archived version of the documentation.