Polymarket

Overview of Polymarket

Polymarket is a prediction market platform where users trade shares based on the possible outcomes of real-world events. Instead of trading spot cryptocurrencies or perpetual futures, users buy and sell outcome shares such as "Yes" or "No" on event-based markets. These markets may cover crypto prices, sports, politics, macroeconomic releases, technology, culture, weather, and other public events.

Polymarket is built around crypto-based settlement and wallet-style account access. Users can sign up using Google, email, or a crypto wallet. Each account is linked to a wallet/profile structure, and deposits are made by selecting a supported token and blockchain network. Trading is generally conducted using stablecoin-based balances, and withdrawals are sent to an external wallet address selected by the user.

The platform uses an order-book model, where prices represent market-implied probabilities. For example, if an outcome trades at $0.40, the market is implying around a 40% probability for that outcome. If the event resolves in favor of that outcome, winning shares settle at $1, while losing shares settle at $0. This makes Polymarket different from a normal exchange because users are trading event outcomes rather than holding traditional crypto assets.

Fees on Polymarket are also different from standard maker/taker exchange pricing. Makers are not charged trading fees. Takers may pay variable fees depending on the market category and the share price at the time of execution. Some market categories may have no Polymarket trading fees, which means no rebate can be generated on those markets.

Polymarket operates globally through separate legal entities. The international Polymarket platform is not the same as Polymarket US. Polymarket US is operated separately by QCX LLC d/b/a Polymarket US and is described as a CFTC-regulated Designated Contract Market. The international platform states that it is not regulated by the CFTC and operates independently.

For HighFxRebates users, Polymarket cashback is designed to return part of the eligible trading fees. Under the HFR offer, users can receive 15% of eligible fees as cashback for the first 180 days after signing up through the HFR link. Cashback is paid weekly to the user’s HFR account and is calculated only on fees that Polymarket allows for referral or rebate credit.

Earn 15% Cashback on Polymarket Trading Fees

HighFxRebates provides 15% cashback on eligible Polymarket fees for the first 180 days after signup. This cashback applies only to fees that Polymarket recognizes as eligible for referral or rebate calculation.

Polymarket Cashback Rules;

• Some Polymarket markets may have no fees, and some fees may not be included in the rebate calculation.
• If Polymarket does not credit a fee to the referral/rebate structure, HFR cannot pay cashback on that activity.
• Cashback is paid weekly to the user’s HighFxRebates account. It is not paid directly to the Polymarket account.
• The user must enter their Polymarket wallet address as the account number inside the HFR dashboard. This wallet address is used for tracking and rebate calculation.
• Polymarket may change its referral, fee, or rebate rules at any time without prior notice. HFR cashback depends on the fees and referral data made available by Polymarket.