Polymarket Airdrop and POLY Token: How to Participate?

Core Insights - Polymarket, a blockchain-based prediction market platform, gained significant traction in 2024 due to the U.S. presidential elections, with users actively betting on the outcome of Trump's candidacy [2][8] - The platform's total value locked (TVL) peaked at over $500 million on November 6, 2024, before dropping below $100 million, but has since rebounded to approximately $230 million by November 5, 2025, indicating over 100% growth since the summer of 2025 [3][8] - The anticipated Polymarket airdrop is in development, with the token ticker confirmed as POLY, although no official launch date or criteria have been established yet [5][8] Platform Developments - Polymarket is currently unavailable to U.S. users, despite the platform's focus on U.S. political markets, with preparations for a U.S. launch underway, including a waitlist for interested users [6][7][8] - The eligibility for the upcoming Polymarket airdrop is expected to be based on user activity and engagement on the platform, with no KYC requirements, only a crypto wallet needed for registration [7][8] Market Context - The prediction market sector, represented by Polymarket, is still emerging but is developing rapidly, drawing comparisons to the early days of meme coins [4][8] - Analysts have raised concerns regarding low liquidity and the potential for insider influence, as large bets can significantly distort market odds [8]