Polymarket has filed trademark applications for "POLY" and "$POLY" with the U.S. Patent and Trademark Office, signaling concrete steps toward launching its long-anticipated native token, even as the prediction market faces mounting regulatory challenges. The filings, submitted Thursday by Polymarket's parent company Blockratize Inc., cover trademark protection for “cryptocurrency services, financial trading platforms, and blockchain-based payment systems.” Both applications describe services for "provid ...

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]

I was really tempted to buy $UMA as Polymarket success should've pumped it.Yet $UMA trading below bear market lows.Why?Polymarket trades $1B USD monthly bets but less than 0.3% of outcomes go into disputes.UMA only matters when a dispute happens.So while Polymarket grows fast, UMA’s demand stays low. The success didn't translate into token value.Ironically, the lower the $UMA MC the higher the governance risk.With a $100M MC, it takes only a few % of token supply to effect a vote.There were already (reporte ...

Here is Polymarket CMO Matthew Modabber talking through the POLY token+ how (and when) they're thinking about launch https://t.co/4BUu21akWa ...

Core Insights - Polymarket has confirmed the launch of a native POLY token and an airdrop, marking its first official acknowledgment of tokenization amid rising trading levels and institutional interest following a $2 billion investment from Intercontinental Exchange [1][5][7] Company Developments - The Chief Marketing Officer, Matthew Modabber, stated that the company aims to ensure the token has true utility and longevity, emphasizing the importance of prioritizing the relaunch of its US app, which has recently received regulatory clearance [2][3][4] - Speculation regarding the airdrop has increased, with traders suggesting that allocations may depend on trading history, as Polymarket and Kalshi recorded significant trading volumes of $2.9 billion and $1.4 billion respectively last month [5][6] Community Engagement - Polymarket currently has 1.35 million active traders, with only 0.5% of wallets earning over $1,000 and 1.7% trading more than $50,000, indicating that a potential POLY airdrop could benefit hundreds of thousands of users if rewards are directed towards active participants [6] - Comparisons have been made to previous significant airdrops, such as Pi Network's $12.6 billion and Uniswap's $6.4 billion giveaways, suggesting that Polymarket's airdrop could become one of the largest in the crypto space [6] Industry Trends - The growth of Polymarket reflects a broader trend on Wall Street, where major institutions are increasingly viewing prediction markets as a form of risk-pricing infrastructure rather than mere gambling, as evidenced by ICE's investment [7]

Core Insights - Polymarket is preparing to launch a token and an airdrop for its prediction market, focusing on ensuring the token has "true utility" and "longevity" before rollout [1] - The immediate priority for Polymarket is to relaunch its product in the U.S. after a CFTC settlement effectively banned it in 2022 [1][2] - The platform has continued to grow despite challenges, becoming a trusted source for sentiment in U.S. elections [3] Company Developments - Polymarket was fined $1.2 million by the CFTC in 2022 for alleged violations, which led to its ban in the U.S. [2] - The company acquired derivatives exchange QCX in July, which received a no-action letter from the CFTC in September, allowing Polymarket to prepare for its U.S. relaunch [4] - CEO Shayne Coplan's home was raided by the FBI, with electronics seized, indicating ongoing scrutiny of the company [3] Token Launch Plans - The POLY token has been anticipated for some time, with indications that it will be launched after the U.S. reentry is secured [5] - Investors were reported to be offered token warrants in July, allowing them the right to purchase the POLY token upon its release [5] - Users on the platform have been engaging in farming strategies for a potential airdrop, with methods becoming more sophisticated over time [5]

It appears some clips from our interview with Matthew Modabber from Polymarket yesterday are going aroundSpecifically some comments around the POLY tokenWatch the full interview here for yourself at the '59 markTylerD 🧙‍♂️ (@Tyler_Did_It):Live now for Against The Odds talking all the prediction market latest + VCs on investing in the sector + Polymarket CMO on growthhttps://t.co/kMGgP2neLp ...

Market Trends & Adoption - Polymarket's adoption is heating up in the predictions market [1] Token & Funding - Polymarket plans to launch a native POLY token and an airdrop [1] - Polymarket is exploring fresh funding at a valuation of up to $15 billion (十亿) [1]

Polymarket CMO confirms POLY token and airdrop plans as prediction market boom gathers steam https://t.co/NYqJwpoBNQ ...

Company Overview - Polymarket, founded by Shayne Coplan in 2020, is the world's largest prediction market, allowing traders to predict various events using cryptocurrency [2] - The platform has a cumulative trading volume of $18.8 billion, showcasing its significant activity in the decentralized finance space [7] Recent Developments - Shayne Coplan hinted at the potential launch of a native token, POLY, which could function similarly to other cryptocurrencies like Bitcoin and Ethereum [1] - The crypto community has reacted positively to the news, indicating strong interest and potential market engagement [1] Token Utility - If launched, the POLY token could enable holders to participate in governance decisions and execute market orders on Polymarket, enhancing user engagement [3] - The anticipated success of the token is bolstered by the recent crypto market rally, suggesting a potential for significant value appreciation upon launch [3] Financial Backing - A recent investment of up to $2 billion from Intercontinental Exchange, the owner of the New York Stock Exchange, has made Coplan the youngest self-made billionaire at the age of 27 [4] Regulatory Environment - Polymarket previously faced regulatory challenges but has recently received a directive allowing it to serve American users again, indicating a more favorable regulatory environment [5]