Analytics
Polymarket
On January 5th, 2026, Polymarket started charging trading fees on 15-minute crypto price prediction markets. Despite this fee, the ETH, BTC, and SOL 15-minute price markets saw their average daily volume rise by an average of 32% in the month following the change. However, the 1-hour markets, which were not subject to the fee, grew by 105%, indicating that some users shifted their trading activity there.
Daily Volume by Market
Capitola LabsNumber of Unique Traders
Capitola LabsUnique Traders Impact: Following the fee switch, 15-minute markets saw a 129.8% increase in average daily unique traders, while 1-hour markets experienced a 249.9% increase, reflecting the migration of trading activity to fee-free markets.
User Segmentation - Daily User Counts
Capitola LabsUser Segmentation - Daily Volume
Capitola LabsDaily Fee Revenue by Market
Capitola LabsTotal Fee Revenue
Total Revenue Since Fee Switch:
$5,990,572.83
Calculated from daily net fees collected since January 5th, 2026
Includes BTC, ETH, SOL, and Other 15-minute markets
Volume Change: Pre-Fee vs Post-Fee
| Crypto Asset | Market Duration | Pre-Fee Volume | Post-Fee Volume | Change | Change % |
|---|---|---|---|---|---|
| BTC | 15min | $914,204,290 | $1,233,909,082 | $319,704,792 | 35.0% |
| ETH | 15min | $302,146,998 | $445,482,276 | $143,335,279 | 47.4% |
| SOL | 15min | $89,616,435 | $102,702,234 | $13,085,799 | 14.6% |
| BTC | 1hr | $151,234,382 | $325,242,890 | $174,008,508 | 115.1% |
| ETH | 1hr | $56,221,790 | $122,958,116 | $66,736,327 | 118.7% |
| SOL | 1hr | $30,606,260 | $55,466,871 | $24,860,611 | 81.2% |