Learn About Polymarket
Understand prediction markets, how Polymarket works, and everything you need to make informed trading decisions.
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Essential ReadingWhat Is Polymarket?
The complete overview — what Polymarket is, how it works, what you can trade, and how to get started. The best place to begin if you're new.
All Articles
Is Polymarket Legit?
A balanced, dated assessment of Polymarket: who runs it, how it is regulated, the 2022 CFTC penalty, the 2024 FBI raid and the 2025 declinations, the criticisms it faces, and what can actually go wrong with your money.
Prediction Markets vs Sports Betting
How prediction markets differ from sportsbooks on pricing, fees, exit before an event ends, and regulation — plus the honest arguments on whether event contracts are gambling.
Polymarket Taker Tiers Explained
The complete guide to Polymarket's taker tiers: the Bronze-to-Obsidian ladder, how Weighted Volume works, category weights, daily rebates, and level-up bonuses.
Polymarket Rebates & Rewards Explained
How to earn money back on Polymarket: the new Taker Rebate Program, the Maker Rebates Program, Liquidity Rewards, and the referral program — tiers, rates, and who qualifies.
Polymarket Combos Explained
Combos let you bundle several Polymarket positions into a single all-or-nothing trade — the prediction market answer to the sportsbook parlay. How market makers really price them, why cashing out is hard, and what still breaks in beta.
How to Propose Polymarket Resolutions: Whitelist, Bonds, and Rewards
The UMA Optimistic Oracle lets whitelisted addresses propose the outcome of Polymarket markets. Learn how the whitelist works, what the economics look like, and whether it's actually worth your time.
Polymarket Resolution Precedents: The 8 That Matter Most
Polymarket resolution isn't just the market rules — it's the rules plus a body of precedent. Here are the 8 precedents you'll bump into repeatedly, with real markets they came from.
Polymarket Arbitrage & Negative Risk Markets
Learn how to arbitrage Polymarket's negative risk markets: mutually exclusive outcome sets, the convert function, the NegRiskAdapter, and risk-free convert arbitrage — plus how to use them.
How Polymarket Markets Resolve: The Full Process
Polymarket uses the UMA Optimistic Oracle to resolve markets. Learn how outcomes are proposed, disputed, and finalized — what happens when a market is contested, and what a delayed payout really means.
Merging on Polymarket: Converting Positions Back to pUSD
Merging on Polymarket converts 1 YES share and 1 NO share back into 1 pUSD before a market resolves. Learn when merging is useful and how it differs from redeeming winnings.
Who Owns Polymarket?
Polymarket is owned and operated by Blockratize Inc., founded by Shayne Coplan in 2020 and valued at roughly $21 billion as of September 2026. The full story: funding rounds, the CFTC settlement, the US relaunch, and the business model.
Splitting on Polymarket: How to Split pUSD Into Position Shares
Splitting on Polymarket converts 1 pUSD into 1 YES share and 1 NO share. Learn what splitting is, how it works on-chain, and when traders use it.
How Prediction Markets Work
Prediction markets let you trade on real-world outcomes. Learn the mechanics of shares, pricing, probability, and why prediction markets are consistently more accurate than polls.
Understanding Odds on Polymarket
Learn how odds work on Polymarket, from default probability pricing to 8 odds formats including American, Decimal, Fractional, and more. Conversion formulas and examples for every format.
How Does Polymarket Work?
Polymarket is a prediction market where you trade YES or NO shares on real-world events. Here's how pricing, the order book, fees, resolution, and the platform's own revenue model work.
How Polymarket Fees Are Calculated
How Polymarket's taker fee is derived, why it peaks at 50¢, what makers pay, and where rebates come from. The category rates live in our fee calculator.
For Crypto Traders
Coming from Hyperliquid, dYdX, or another crypto exchange? These pieces cover what makes Polymarket different — capped downside, simple binary contracts, and tight spreads on the major BTC and ETH markets.
Polymarket vs Hyperliquid
Binary event contracts vs perpetuals, capped downside vs liquidation, and which platform makes sense for crypto speculation.
Trade Bitcoin Without Liquidation Risk
Polymarket's 5m / 15m / weekly / yearly BTC markets explained, with a side-by-side P&L vs perps and the new 1-Tap quick-buy.
Polymarket for Crypto Traders: 10-Minute Setup
Already comfortable with self-custody and USDC? Get from zero to first trade in ten minutes. Skip the wallet 101.
Ready to Put This Knowledge Into Practice?
Once you understand the basics, follow our step-by-step guides to create your account and start trading. You can also use the fee calculator to estimate costs, read our Polymarket review, or check country availability.
Ready to Try Polymarket?
Put your knowledge into practice. Sign up in under 2 minutes — no KYC required.
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