GLaDOS
a1d6a46f74
Date: 2026-06-19 Changes: - Fixed 98 empty .md files that had failed to scrape - Updated changelog with latest entries (Jun 15, 2026: CLOB DELETE /orders limit reduced to 1000) - Refreshed FAQ, Polymarket Learn, Developers, and other sections Notable updates: - Jun 15, 2026: CLOB DELETE /orders maximum batch size reduced to 1000 - Jun 1, 2026: Increased CLOB order rate limits - May 18, 2026: builderCode added to builders endpoints - May 14, 2026: GET /markets/keyset limit reduced to 100
170 lines
6.5 KiB
Markdown
170 lines
6.5 KiB
Markdown
> ## Documentation Index
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> Fetch the complete documentation index at: https://docs.polymarket.com/llms.txt
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> Use this file to discover all available pages before exploring further.
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# Maker Rebates Program
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> Earn daily pUSD rebates by providing liquidity on Polymarket
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Polymarket charges taker fees across multiple market categories. Fees are determined by the protocol at match time and fund a **Maker Rebates** program that pays daily pUSD rebates to liquidity providers.
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***
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## Why Maker Rebates
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Deeper liquidity means tighter spreads, lower price impact, more reliable fills, and greater resilience during volatility. Maker Rebates incentivize **consistent, competitive quoting** so everyone gets a better trading experience.
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***
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## How Maker Rebates Work
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* **Paid daily in pUSD:** Rebates are calculated and distributed every day.
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* **Performance-based:** You earn based on the share of liquidity you provided that actually got taken.
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### Eligibility
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Place orders that add liquidity to the book and get filled (i.e., your liquidity is taken by another trader).
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### Payment
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Rebates are paid daily in pUSD, directly to your wallet. A minimum accrued rebate of **\$1 pUSD** is required for a payout.
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***
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## Funding
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Maker Rebates are funded by taker fees collected in eligible markets. A percentage of these fees are redistributed to makers who keep the markets liquid. The rebate percentage differs by market type.
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| Category | Maker Rebate | Distribution Method |
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| --------------- | ------------ | ------------------- |
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| Crypto | 20% | Fee-curve weighted |
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| Sports | 25% | Fee-curve weighted |
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| Finance | 25% | Fee-curve weighted |
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| Politics | 25% | Fee-curve weighted |
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| Economics | 25% | Fee-curve weighted |
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| Culture | 25% | Fee-curve weighted |
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| Weather | 25% | Fee-curve weighted |
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| Other / General | 25% | Fee-curve weighted |
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| Mentions | 25% | Fee-curve weighted |
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| Tech | 25% | Fee-curve weighted |
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| Geopolitics | — | Fee-free |
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<Note>
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Polymarket collects taker fees in eligible markets across all fee-enabled categories.
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The rebate percentage is at the sole discretion of Polymarket
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and may change over time.
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</Note>
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***
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## Fee-Curve Weighted Rebates
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Rebates are distributed using the **same formula as taker fees**. This ensures makers are rewarded proportionally to the fee value their liquidity generates.
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For each filled maker order:
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```text theme={null}
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fee_equivalent = C × feeRate × p × (1 - p)
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```
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Where **C** = number of shares traded and **p** = price of the shares. The fee parameters differ by market type:
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| Category | Taker Fee Rate | Maker Fee Rate |
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| --------------- | -------------- | -------------- |
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| Crypto | 0.07 | 0 |
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| Sports | 0.03 | 0 |
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| Finance | 0.04 | 0 |
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| Politics | 0.04 | 0 |
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| Economics | 0.05 | 0 |
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| Culture | 0.05 | 0 |
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| Weather | 0.05 | 0 |
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| Other / General | 0.05 | 0 |
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| Mentions | 0.04 | 0 |
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| Tech | 0.04 | 0 |
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| Geopolitics | 0 | 0 |
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Your daily rebate:
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```text theme={null}
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rebate = (your_fee_equivalent / total_fee_equivalent) * rebate_pool
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```
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Totals are calculated per market, so you only compete with other makers in the same market.
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***
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## Taker Fee Structure
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Taker fees are calculated in pUSD and vary based on the share price. The fee amount in pUSD is symmetric around 50% probability — a trade at 30¢ incurs the same dollar fee as a trade at 70¢.
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<Frame>
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<div className="p-3 bg-white rounded-xl">
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<iframe title="Fee Curves" aria-label="Line chart" id="datawrapper-chart-cY9H4" src="https://datawrapper.dwcdn.net/cY9H4/" scrolling="no" frameborder="0" width={700} style={{ width: "0", minWidth: "100% !important", border: "none" }} height="450" data-external="1" />
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</div>
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</Frame>
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### Fee Tables (100 Shares)
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For detailed fee tables for each market category, see the [Fees](/trading/fees) page.
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### Fee Precision
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Fees are rounded to 5 decimal places. The smallest fee charged is 0.00001 pUSD. Anything smaller rounds to zero, so very small trades near the extremes may incur no fee at all.
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***
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## Which Markets Are Eligible
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The following market categories have taker fees enabled and are eligible for maker rebates: Crypto, Sports, Finance, Politics, Economics, Culture, Weather, Tech, Mentions, and Other / General.
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<Note>
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Markets with fees enabled have `feesEnabled` set to `true` on the market
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object. Query per-market fee parameters via `getClobMarketInfo(conditionID)`.
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</Note>
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***
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## FAQ
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<AccordionGroup>
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<Accordion title="How do I qualify for maker rebates">
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Place orders that add liquidity to the book and get filled (i.e., your
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liquidity is taken by another trader).
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</Accordion>
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<Accordion title="When are rebates paid">Daily, in pUSD. You must accrue at least \$1 in rebates before a payout is issued.</Accordion>
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<Accordion title="How are rebates calculated">
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Rebates are proportional to your share of executed maker liquidity in each
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eligible market. Totals are calculated per market, so you only compete with
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other makers in the same market.
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</Accordion>
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<Accordion title="Where does the rebate pool come from">
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Taker fees collected in eligible markets are allocated to the maker rebate
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pool and distributed daily.
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</Accordion>
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<Accordion title="Which markets have fees enabled">
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Crypto, Sports, Finance, Politics, Economics, Culture, Weather, Tech, Mentions, and Other / General markets.
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</Accordion>
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<Accordion title="Is Polymarket charging fees on all markets">
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Fees apply to markets in fee-enabled categories. Markets with fees enabled have `feesEnabled` set to `true` on the market object — check it per-market via `getClobMarketInfo(conditionID)`.
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</Accordion>
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</AccordionGroup>
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***
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## Next Steps
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<CardGroup cols={2}>
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<Card title="Fee Structure" icon="receipt" href="/trading/fees">
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Full fee handling guide for SDK and REST API users.
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</Card>
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<Card title="Taker Rebate Program" icon="trophy" href="/trading/taker-rebates">
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Climb the tiers and earn daily pUSD rebates on taker trades.
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</Card>
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</CardGroup>
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