Prediction market platform Polymarket has updated its documentation to introduce taker fees for 15-minute crypto up/down markets, a shift from its previous zero-fee model. Fees vary based on market odds, peaking at around 3% of a trade’s value near 50% odds. The update aims to boost liquidity incentive for market makers. The fee structure adjustment sparked discussions on social media, with users noting the move as a protection against wash trading and high-frequency bots. The impact will be limited for most users, as the fees apply only to short-duration crypto markets.

Read more at Cointelegraph: Polymarket Adds Taker Fees to 15-Minute Crypto Markets