Polymarket responds to high fee controversy: Admits calculation error and has fixed it; abnormal fees have been removed.

The prediction market platform Polymarket announced on Discord that, in response to community concerns about excessively high fees in certain categories, an adjustment made to optimize the fee curve mistakenly used USD-denominated taker volume. This has now been changed to calculation based on "number of shares," an industry standard that effectively eliminates fee imbalances. The team stated that in the weather and economics markets, the incorrect calculation method, coupled with additional indices, caused severe distortions in the fee curve, particularly in low price ranges (such as 0.1 cents), resulting in abnormally high fees. This was the main reason for the recent controversy surrounding "super high fees" on social media. The platform has now revised its fee table and removed the relevant indices, restoring the fee structure to normal for all markets. Furthermore, the team suggests that users sensitive to fees can achieve fee-free trading by placing limit orders. Additionally, with the latest update, users can also receive a 20% to 25% maker rebate incentive.