How Taker Rebates Work on Polymarket

Kober·Founder, PolyScalping
7 min read

How does it work?

Polymarket Tiers reward you for trading as a taker. The more taker volume you generate, the higher your tier can become, and the larger rebate you can earn on future trades once that tier becomes active.

Every eligible taker trade earns Weighted Volume (wV). Your tier is based on your Weighted Volume over the last 30 days, and rebates are paid every day in pUSD.

What is Weighted Volume (wV)?

Weighted Volume (wV) is not your raw trading volume. It is your taker volume adjusted by price, market category, and bonuses, and it determines your Taker Rebate tier.

You earn Weighted Volume on eligible taker trades. Three things decide how much you earn:

  1. How big the trade is.
  2. The price you bought at.
  3. The category. Some categories are worth more (see the table below).

The formula:

wV = Trade Size × (1 − Entry Price) × Category Weight × Bonuses

  • Trade Size is how much you put into the trade (shares × the price you paid), in dollars.
  • (1 − Entry Price) is the upside per share. A share bought at 40¢ can win 60¢, so its upside is 0.60
  • Category Weight is set per category (see below).
  • Bonuses are extra multipliers Polymarket may run on certain categories or events.

Example 1: A Normal Taker Trade

You buy 1,000 shares of a Politics market at 40¢, and the order fills right away (a taker trade).

  • Trade Size = 1,000 × 0.40 = 400
  • Upside per share = 1 − 0.40 = 0.60
  • Category Weight for Politics = 1.3
  • Weighted Volume earned = 400 × 0.60 × 1.3 = $312 wV

Example 2: Why Price Matters

Two trades, both $50 in size, both in Crypto (weight 2.3):

  • A trade at 50¢ earns: 50 × 0.50 × 2.3 = $57.50 wV
  • A trade at 5¢ earns: 50 × 0.95 × 2.3 = $109.25 wV

Both trades count, and your Weighted Volume from every trade adds up over 30 days to set your tier.

Category Weights

Tiers and Rebates

There are seven tiers, from Bronze to Obsidian. Your tier shows on your profile, and the first time you reach a new tier you get a one-time bonus.

Once your 30-day Weighted Volume passes a tier’s threshold, you unlock that tier’s rebate. The higher your tier, the bigger your rebate. Your rebate applies to your trades from the moment you reach the tier, going forward.

Example: Your Rebate Starts When You Reach the Tier

The day you reach Gold, the 18% Gold rebate turns on for every trade you make from then on.

If you keep climbing and hit Diamond, your rebate moves up to 44%, and again it applies only to your trades going forward.

Your tier updates every day based on your last 30 days of Weighted Volume. Moving up takes effect at the next daily update.

Level-Up Bonuses

The first time you reach a new tier, you get a one-time bonus in pUSD:

For example, the first time you climb from Silver to Gold, you get $250 added to your account, on top of your normal rebates.

How much will you pay in fees to reach each Tier?

We decided to calculate how much we would have to spend on commissions to reach each level. Let's look at the example of a trader who trades exclusively in the Sports category.

This assumes the trader moves through the tiers gradually and continues trading only after each new tier becomes active.

Note: This example uses Sports markets only and assumes no bonus multipliers. Actual costs may differ depending on market category, active bonuses, and when your tier update becomes active. Entry price affects the trading volume needed to reach a tier, but the approximate fee cost per wV is mainly determined by the market category.

Your Tier on Your Profile

Your tier shows on your Polymarket profile and on the leaderboards. As you climb from Bronze to Obsidian, your badge updates to match your current tier.

Example of an Obsidian tier badge on a Polymarket profile.

Is it possible to make money with Taker Rebates?

We would not treat Taker Rebates as a standalone way to make money. They are better understood as a bonus for active traders who already place frequent taker trades.

To unlock higher rebate tiers, you first need to generate eligible taker volume and pay trading fees. Since the rebate only returns a percentage of those fees, it usually helps reduce trading costs rather than create profit by itself.

However, for traders who are already using profitable high-volume strategies, Taker Rebates can meaningfully improve net returns over time.

Taker Rebate Calculator

If you want to estimate your Taker Rebate, trading fee, weighted volume, and net cost for a specific trade, you can use our calculator. Just enter your tier, market category, trade size, and entry price to see the full breakdown. You can try it here: https://polyscalping.org/tools/calculator/taker-rebate

Taker Rebate Calculator showing the estimated rebate, taker fee, weighted volume, and net cost for a sample trade.

Taker Rebates Statistics

At PolyScalping, we track Taker Rebate distribution across Polymarket wallets. You can see how much was paid out on specific days and months, analyze payout concentration, and understand which wallets captured the largest share of rebates.

Explore the statistics: https://polyscalping.org/stats/distribution/taker

Taker Rebates Statistics showing daily payouts, wallet concentration, and monthly distribution.

Taker Rebates Leaderboard

At PolyScalping, we've built a leaderboard that ranks wallets by total Taker Rebates earned. You can explore the top traders, search for any wallet, compare earnings, and see the payout thresholds required to reach the top 10%, top 1%, or top 1,000.

Explore the leaderboard: https://polyscalping.org/leaderboard/taker

Taker Rebate Leaderboard ranking wallets by total rebates earned, with payout milestones and searchable trader profiles.

Notes

  • Only taker trades earn Weighted Volume and count toward your tier. Maker trades (resting orders that add liquidity) do not. Makers are rewarded separately through the Maker Rebates Program.
  • Your rebate applies only to your trades going forward, starting the moment you reach a tier.
  • Some markets are free to trade, including Geopolitical and world events markets. These markets earn no Weighted Volume and no rebate.
  • Your tier is based on your last 30 days of Weighted Volume and is updated every day at midnight UTC.
  • Rebates are paid once a day at midnight UTC in pUSD.
  • Rebate rates, tier thresholds, category weights, level-up bonuses, and any bonus multipliers are set by Polymarket and can change at any time without notice.
  • Polymarket reserves the right, at its sole discretion, to adjust rebates and tier status for users.
  • Polymarket reserves the right, at its sole discretion, to adjust or remove rebates and tier status for activity that breaks our Terms of Service, including but not limited to wash trading, self-matching, or other inauthentic trading.

FAQ

What are Taker Rebates?

Taker Rebates are rewards paid to traders who generate eligible taker volume on Polymarket. The more eligible taker volume you generate, the higher your tier can become and the larger rebate you may receive on future trades.

Who can earn Taker Rebates?

Any trader can earn Taker Rebates if they place eligible taker trades in markets that support trading fees and rebates.

Do maker orders count toward Taker Rebates?

No. Taker Rebates are based on taker trades only. If your limit order sits in the order book and another trader fills it, that is maker activity, not taker activity.

What is Weighted Volume?

Weighted Volume, or wV, is not your raw trading volume. It is your taker volume adjusted by entry price, market category, and any active bonus multipliers. Your 30-day wV determines your Taker Rebate tier.

Does every market generate Weighted Volume?

No. Only eligible fee-enabled markets generate Weighted Volume. Markets without trading fees, such as fee-free categories, do not generate wV and do not qualify for Taker Rebates.

When does my tier update?

Your tier is based on your 30-day Weighted Volume and updates after Polymarket recalculates tiers. Once a new tier becomes active, the rebate applies to future eligible taker trades.

Are rebates applied to past trades?

No. Rebates are not applied retroactively. When you reach a new tier, the new rebate rate applies only to eligible trades made after that tier becomes active.

How often are Taker Rebates paid?

Taker Rebates are paid daily in pUSD.

Which categories generate the most Weighted Volume?

Categories with higher category weights generate more wV for the same trade size and entry price. For example, Crypto has a higher category weight than Sports.

Can I calculate my expected Taker Rebate before trading?

Yes. You can use the PolyScalping Taker Rebate Calculator to estimate your taker fee, weighted volume, rebate amount, and net cost for a specific trade.

Where can I see Taker Rebate statistics?

You can use PolyScalping’s Taker Rebates Statistics page to track daily payouts, monthly distributions, payout concentration, and the wallets receiving the largest rebate amounts.

Where can I see the top Taker Rebate earners?

You can use the PolyScalping Taker Rebate Leaderboard to see which wallets have earned the most from Taker Rebates, compare traders, and search for specific wallets.

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Disclaimer: PolyScalping is an independent analytics layer — not affiliated with Polymarket. Data is aggregated from Polymarket's public APIs for informational purposes only and does not constitute investment advice. Prediction markets carry risk; do your own research before committing capital. This post is informational content — not investment, financial, legal, or tax advice. Always verify market data on polymarket.com before placing orders.

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