Polymarket to Leave Polygon, Taking 83.6% of Network Fees With It
- —Polymarket accounted for $30.98M of Polygon's $37.05M in 30-day fees — 83.6%
- —Polygon TVL is $765M versus $1.43B for Arbitrum and $6.19B for Base
- —Polygon DEX volume over 30 days hit $6.73B, with Polymarket at 32.7%
- —POL trades at $0.1191, down 90.8% from its March 2024 peak of $1.29
Why it matters: Polymarket's exit removes Polygon's main revenue source; the migration date will be the key factor for POL holders.
Source: CryptoTicker