Polymarket Says Revenue Run Rate Tops $1.8 Billion

The disclosure shifts Polymarket's story from volume growth to monetization: a revenue run rate is a far more consequential claim than turnover, and the fee structure it describes suggests revenue is now being harvested across contract prices and trader tiers rather than sitting on a single take rate. That matters for the wider prediction-market sector, where platforms have competed on activity while leaving the economics largely unproven. The open question is disclosure quality — a run rate is an annualized snapshot, not audited revenue, and how durable the fee mix proves as contract prices and trader tiers shift is what bears watching.