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Last Updated: 4 January 56928

Polymarket is the world's largest prediction market by volume. Originally crypto-only, it re-entered the US market in late 2025 with CFTC no-action relief. Known for deep liquidity on political and current events.

Market Coverage

Our analysis of market variety including politics, economics, sports, and entertainment

49/50

Usability

Our assessment of the platform interface, ease of trading, and overall user experience

44/50

Mobile App

Our take on the mobile trading experience for iOS and Android devices

43/50

Fees

Our breakdown of trading fees, withdrawal costs, and overall value

46/50
Pros
Highest liquidity of any prediction market - trade large positions easily
Very low fees compared to traditional markets
Wide coverage of political and current events
Real-time market data used by media outlets
Simple yes/no contract structure
Cons
Crypto-native platform - requires USDC stablecoin
Less regulatory clarity than Kalshi (no-action vs full license)
Web3 wallet setup can be confusing for beginners
Limited market categories compared to Kalshi

About Polymarket

Polymarket is the world's largest prediction market by volume. Originally crypto-only, it re-entered the US market in late 2025 with CFTC no-action relief. Known for deep liquidity on political and current events.

Regulatory Status

Status: CFTC No-Action Letter (Nov 2025)

US Legal: Yes

FAQs