Polymarket US vs Polymarket
Same lines, side by side: fee at 50¢, custody, KYC, excluded countries, resolution and volume, from official pages and DefiLlama.
See the 14 differences
| Line | Polymarket US | Polymarket |
|---|---|---|
| Type | VenueLists, matches and settles its own markets | VenueLists, matches and settles its own markets |
| Taker fee | Edge3.48% at 50¢Since 19 October 2026, takers pay 0.0695 × contracts × p × (1 − p): 100 contracts at 50¢ cost $1.74. Table tennis uses 0.10. Makers pay nothing and earn a rebate from $10M of monthly maker volume; takers get 3% to 30% back from $250,000 of monthly volume. | 0–3.5% at 50¢Takers pay contracts × rate × p × (1 − p): 0.07 in crypto, 0.05 in sports, economics, culture and weather, 0.04 in politics, finance, tech and mentions, 0 in geopolitics; combos 0.05. 100 contracts at 50¢ cost $1.75 in crypto, $1.25 in sports and $1.00 in politics. Makers pay nothing and share 15% to 25% of taker fees; deposits and withdrawals carry no Polymarket fee. |
| 30-day volume | Edge$3.14B | $2.31B |
| New-user perk | Edge$25 trading credit after signing up with a referral code and depositing at least $10 | None documented |
| Custody | Custodial dollar account | EdgeSelf-custody: your keys, collateral in a smart contract |
| Identity check (KYC) | KYC requiredEvery account is verified: name, address, Social Security number and a photo ID, with a selfie when needed. | Above a thresholdSign up with an email or a self-custody wallet; Polymarket asks its top-volume traders for more information. Its terms forbid using a VPN to get around a block. |
| Excluded countries | Open only to residents of United StatesOpen to US residents only, and trading is not available in Nevada, although its App Store page claims all 50 states. | 41Polymarket's API docs block Iran, Syria, Cuba, North Korea, Crimea, Donetsk and Luhansk outright. In 37 other countries, including the US, the UK, France, Germany, Italy, Australia and Brazil, plus British Columbia, Ontario, Alberta and Quebec, you can only close positions you already hold; Ireland, Japan, the Netherlands and South Korea are close-only on the website only, and Malta for sports only. The help center (14 August 2026) calls most of them fully blocked. US residents are sent to Polymarket US. |
| Resolution | Decided by the exchangeMarkets settle under the exchange's rulebook. Polymarket US publishes rule clarifications and can cancel resting orders when it clarifies a market. | Optimistic oracleUMA's optimistic oracle: anyone proposes an outcome against a bond, typically $750 pUSD, then a two-hour challenge window opens. A second dispute goes to a vote of UMA token holders. Crypto up/down markets settle from Chainlink instead. |
| Settles on | Polymarket Clearing | Polygon |
| Collateral | USD | pUSD |
| Operator | QCX LLC (Polymarket US)CFTC (DCM, DCO) | Adventure One QSS Inc. |
| Token | No token | No token |
| Where it runs | Web, iOS, Android | Web |
| Chains | — | EdgeEVMPolygon |
| Documented features | Edge5 of 10 | 4 of 10 |
| Order book | Yes | Yes |
| Anyone can create a market | No | No |
| Combos / parlays | Yes | Yes |
| Maker rebates | Yes | Yes |
| Yield on collateral | Not documented | Not documented |
| Trading API | Yes | Yes |
| Mobile app | Yes | No |
| Telegram bot | Not documented | Not documented |
| Own token | Not documented | No |
| Points program | Not documented | Not documented |
Which one should you pick?
Pick Polymarket US if
You live in the US outside Nevada and want Polymarket in a regulated app with dollar deposits.
Polymarket's regulated twin for Americans: same brand, but a separate CFTC-regulated exchange with dollar accounts, identity checks and its own fee formula. Since 19 October 2026 its taker fee is almost exactly Kalshi's, and it serves no one outside the US.
Read the Polymarket US reviewpolymarket.us
Pick Polymarket if
You want to trade from your own wallet, without a document check, in a country Polymarket serves.
The crypto-native venue: a central order book settled on Polygon, collateral that stays in your wallet, and a fee that depends on the market's category, from nothing in geopolitics to 3.5% at 50¢ in crypto. Access is the catch: 41 countries are blocked or close-only, the US, the UK and France among them, and France's regulator has ordered internet providers to block the site.
Read the Polymarket reviewpolymarket.com
