PolyMarket Airdrop Confirmed – Here’s What You Need to Know Ahead
Polymarket has confirmed plans to launch its long-awaited POLY token alongside an airdrop, marking a key step for the fast-growing prediction market platform.
The affirmation got here from Chief Marketing Officer Matthew Modabber, who said during an interview on the Degenz Live podcast Thursday that the venture would “undoubtedly” embrace each a token and an airdrop.
“There might be a token, there might be an airdrop,” Modabber stated. “We might have launched a token each time we wished, however we wish it to have true utility and longevity—to be round ceaselessly. That’s what we anticipate from ourselves, and that’s what everybody within the area expects from us.”
The remarks put to relaxation months of hypothesis following founder Shayne Coplan’s October 9 post hinting that a native $POLY token might ultimately rank among the many largest cryptocurrencies by market capitalization.
Polymarket founder and new “self-made” billionaire Shayne Coplan teased a $POLY token, indicating it might someday rank among the many world’s largest cryptos.#Polymarket #POLY https://t.co/h8UYLi4UsZ
— Cryptonews.com (@cryptonews) October 9, 2025
It additionally represents the primary official acknowledgment from the corporate after a 12 months of regular person development, report buying and selling volumes, and main institutional backing.
Polymarket Bets Big on the U.S. Market Before Rolling Out Its Token
The affirmation comes as Polymarket cements its place because the main prediction market platform, commanding over 95% of whole market quantity, according to recent Dune Analytics data.
In the week ending October 13, Polymarket processed round $690 million in buying and selling quantity, outpacing rivals Kalshi, Limitless, and Myriad mixed.
The firm’s dominance displays renewed dealer engagement and a broader resurgence within the prediction market sector after a mid-2025 slowdown.
Despite the thrill surrounding the upcoming token, Modabber emphasised that Polymarket’s speedy focus stays on its long-awaited U.S. app launch.
The firm just lately secured regulatory clearance to re-enter the American market after being compelled to halt operations in 2022 due to a Commodity Futures Trading Commission (CFTC) enforcement motion.
“Why rush a token if we want to prioritize the U.S. app?” Modabber stated. “We’ve been dying for this app for the previous 5 years. Quite a bit has occurred due to this—regulatory points and whatnot. After the U.S. launch, there might be a concentrate on the token and getting that dwell and ensuring it’s effectively achieved.”
Polymarket’s return to the U.S. follows its $112 million acquisition of QCX LLC earlier this year, granting it a Designated Contract Market license.
@Polymarket has acquired Florida-based derivatives alternate QCX and its affiliated clearinghouse QC Clearing, collectively referred to as QCEX.#Polymarket #QCEXhttps://t.co/HjbqfUxhSD
— Cryptonews.com (@cryptonews) July 22, 2025
This permits the corporate to self-certify prediction markets for American customers, together with these tied to sports activities, elections, and geopolitical occasions.
CEO Coplan confirmed in September that the platform had been “given the inexperienced mild to go dwell within the USA,” calling it a significant breakthrough after years of uncertainty.
The firm’s comeback is going on alongside a speedy rise in each institutional consideration and market valuation.
In October, Polymarket secured a $2 billion investment from Intercontinental Exchange (ICE), the dad or mum firm of the New York Stock Exchange, at a $9 billion post-money valuation.
Bloomberg also reported that the corporate is exploring a recent funding spherical that would worth it at up to $15 billion.
The agency’s valuation has multiplied over the previous 12 months, accelerating from $1 billion after a $200 million round in June 2025 led by Peter Thiel’s Founders Fund.
According to data from Dune Analytics, the broader prediction market sector has rebounded sharply since mid-2025.
Polymarket and rival Kalshi collectively processed over $4.3 billion in trades final month, with Polymarket alone dealing with $2.9 billion, capturing over 95% of whole market quantity.
Weekly buying and selling volumes now exceed $700 million, with practically 6.6 million transactions throughout main platforms.
The upcoming POLY token launch provides one other layer of anticipation to the corporate’s trajectory. While no official date has been offered, market members have begun speculating that the airdrop might be structured round person exercise, doubtlessly rewarding essentially the most lively merchants.
Polymarket at present hosts about 1.35 million lively customers, with neighborhood knowledge displaying that simply 1.7% of wallets commerce greater than $50,000.
Analysts say this distribution might permit for one of many broadest airdrops in crypto historical past, doubtlessly rivaling Uniswap’s $6.4 billion and Pi Network’s $12.6 billion giveaways.
Additionally, analysts view the POLY token as a possible cornerstone of Polymarket’s subsequent development section, doubtless serving governance, fee-sharing, or staking features as soon as the U.S. rollout stabilizes.
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