Polymarket's new tiered rebate cuts taker fees by 3% to 50% based on 30-day weighted volume, paid daily in pUSD. Here is the full tier table and what each level actually saves.
On May 28, 2026, Polymarket activated a tiered taker rebate program across its US and global platforms. Traders who take liquidity now earn back a percentage of every taker fee they pay. The rebate percentage rises through seven named tiers based on 30-day weighted volume, from Bronze at 3% back to Obsidian at 50% back. Rebates are paid daily at midnight UTC in pUSD, directly to your account.
This is the first fee-reduction structure Polymarket has offered to takers since it rolled out category-based trading fees in March 2026. For traders operating at meaningful volume, the program changes the net cost of every trade placed from this point forward.
Polymarket assigns your tier based on your Weighted Volume over the trailing 30 days. Only taker trades generate Weighted Volume for this program. A taker trade is one that executes immediately against resting orders in the order book. Maker trades that add liquidity earn rebates through a separate maker program and do not count toward these tiers.
| Tier | 30-day Weighted Volume | Taker Fee Rebate | Level-Up Bonus |
|---|---|---|---|
| Bronze | $2,000 | 3% | $10 |
| Silver | $20,000 | 8% | $50 |
| Gold | $200,000 | 18% | $250 |
| Platinum | $1,000,000 | 32% | $1,500 |
| Diamond | $4,000,000 | 44% | $7,500 |
| Obsidian | $10,000,000+ | 50% | $25,000 |
Each tier also triggers a one-time Level-Up Bonus when you first cross the threshold. The bonus is separate from the ongoing rebate but scales sharply at higher tiers. Obsidian's $25,000 level-up payment represents a meaningful one-time offset against the volume required to reach it.
Tiers reset on a rolling 30-day basis. If your weighted volume drops below a tier threshold, your rebate rate adjusts accordingly on the next daily settlement.
Polymarket sports markets carry a peak effective taker fee of 0.75% at the 50-cent price point, the scenario where both outcomes carry equal probability. That rate falls as a contract's price moves toward 0¢ or 100¢. The table below uses 0.75% to show maximum-cost scenarios at each tier's minimum qualifying volume. Trades at extreme prices cost proportionally less.
| Tier | Min. Monthly Volume | Gross Fees (0.75%) | Rebate Amount | Net Fee Cost |
|---|---|---|---|---|
| Bronze | $2,000 | $15 | $0.45 | $14.55 |
| Silver | $20,000 | $150 | $12 | $138 |
| Gold | $200,000 | $1,500 | $270 | $1,230 |
| Platinum | $1,000,000 | $7,500 | $2,400 | $5,100 |
| Diamond | $4,000,000 | $30,000 | $13,200 | $16,800 |
| Obsidian | $10,000,000 | $75,000 | $37,500 | $37,500 |
A concrete example for Gold: a trader placing $200,000 per month in sports taker volume pays $1,500 in gross fees. The 18% Gold rebate returns $270 per month in pUSD. Net fee cost is $1,230. Annual savings over the no-tier baseline: $3,240.
At Obsidian, the numbers scale differently. A trader doing $10 million per month pays $75,000 in gross fees and receives $37,500 back. That is $450,000 returned in a year. Run your own position through the prediction market fee calculator to see the after-rebate cost for any specific trade size and probability.
Polymarket weights volume by the price of the contract at execution, not raw notional. A trade on a 90-cent contract counts less toward your tier than the same dollar amount spent on a 50-cent contract, because the fee formula itself peaks at 50 cents. This means traders who concentrate activity in near-certain or near-impossible contracts accumulate weighted volume more slowly than traders in balanced markets, for the same dollar deployed.
The practical consequence: if you trade mostly high-probability contracts, reaching the next tier costs more capital than the table's thresholds suggest. The weighting is not publicly documented in precise formula terms, so treat the tier thresholds as approximate benchmarks rather than exact cutoffs.
Retail traders placing a few hundred dollars a week typically sit at or below Bronze. The rebate at Bronze is 3%, which on a $15 monthly gross fee returns $0.45. The $10 level-up bonus is more consequential than the ongoing rebate for small accounts. The program's real value at this level is structural: it establishes a clear progression and makes active trading financially rewarded rather than just tolerated.
Active discretionary traders in the Silver-to-Gold range see fees shrink by 8% to 18%. Gold cuts about one-sixth off gross taker costs. That margin matters over hundreds of trades per month. To see how the rebate shifts break-even probability on a specific position, use the PM EV calculator alongside the fee calculator.
Algorithmic and institutional traders are the clear primary beneficiaries. Platinum and above require $1 million or more in monthly taker volume, which is only accessible to accounts running systematic strategies across many markets simultaneously. At Platinum, the 32% rebate returns $2,400 on the minimum qualifying volume of $1 million. At Diamond, 44% back on $4 million is $13,200 per month. These figures change the unit economics of any strategy that depends on thin edges applied at high frequency.
One structural difference from Kalshi worth noting: Kalshi's fee formula charges both buyers and sellers per trade. Polymarket's maker side pays no fee and can now earn daily maker rebates through a separate program, while the taker side earns 3% to 50% back. For traders who can supply resting liquidity, Polymarket's maker-taker split is more favorable than Kalshi's symmetric fee. For the full base-fee mechanics before any rebate applies, see Polymarket fees explained. For a cross-platform fee comparison that now needs updating with these rebate levels, see prediction market fees compared.