Polymarket CEO: Currently operating at a loss, expanding market share is a top priority
2025-12-09 09:22:40
On December 9th, Polymarket CEO Shayne Coplan said in an interview with AXIOS that Polymarket is currently operating at a loss. It's not that we don't like money, but we give priority to creating a new market. We want to make this market as big as possible, and it is the top priority to occupy as much market share as possible. Every prediction market actually has a spread, similar to sports event predictions. Users don't pay the handling fee on the surface, but pay the spread. However, the spread in the Polymarket market market is not collected by the platform, but allocated to those users who provide liquidity and earned by the orderer.
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