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Polymarket Maker Rewards 2026: $852 a Market

Polymarket maker rewards measured on 13 October 2026: the $75,000 daily Perps pool splits evenly across 88 markets, so the same quote pays 21x more.

Affiliate disclosure: contains affiliate links; we may earn a commission at no extra cost to you. 18+ only — see BeGambleAware.org. Last updated 13 October 2026.

Key takeaways

  • Polymarket pays for liquidity five different ways, and the biggest single budget — $75,000 a day on Perps — is not covered by any guide currently ranking for this topic.
  • That pool splits evenly across markets, not by size. With 88 live markets on 13 October 2026 every one carries $852.27 a day, so DELL's pool equals the S&P 500's against 1,831 times less open interest.
  • Your score is capped at 135,000, which $600,000 of resting quotes saturates. Past that, more capital buys no more score — and 68 of the 88 books are already deeper than that.
  • We ran Polymarket's own formula over all 88 live books. The same saturating quote modelled $821.97 a day in the thinnest market and $39.61 in the deepest: a 20.8x spread, median $261.13.
  • The 1% eligibility gate is softer than it reads. The 0.35 exponent means a maker at the bare minimum still keeps 58.2% of what a 25% whale earns on identical quotes.

Every guide to Polymarket maker rewards explains the scoring formula and then stops, which leaves the only question that matters unanswered: in which market, on what capital, for how much. The formula is published. Nobody runs it.

That omission is expensive, because the answer is not uniform. The largest maker budget on the platform pays the same amount into a market holding $13,906 of open interest as into one holding $25.5m, and a quote that earns $822 a day in one book earns $40 in another.

So we ran the formula. Every figure below comes from Polymarket's own published scoring rules applied to the live order books of all 88 Perps markets, read from the public API between 14:49 and 14:52 UTC on 13 October 2026, plus a keyset crawl of the open prediction markets. We checked the documentation afterwards, and it disagrees with the third-party guides in two places we flag below.

Five ways Polymarket pays for liquidity

The first problem is that "rewards" means five separate programmes on two separate exchanges, with different budgets, different formulas and — crucially — different answers to whether your order has to be filled to earn anything.

Liquidity rewards pay you for quoting. Rebates pay you for trading. Confusing the two is how people end up quoting a market that pays nothing for resting orders.

ProgrammeBudgetPays forFill needed?
Perps liquidity rewards$75,000/day, split evenly per marketTwo-sided quotes within 20 bps of midNo
Market liquidity rewardsSet per market, published per marketResting quotes inside the market's max spreadNo
Maker rebates15-25% of taker fees, by categoryYour liquidity being takenYes
Taker rebates3% to 50% by 30-day volume tierRemoving liquidity — the opposite jobYes
Holding rewardsNo rate published in the docsHolding positions; a per-market API flagn/a

Two rows deserve a pause. The taker rebate reaches 50% while the maker rebate caps at 25%, so on fee giveback alone Polymarket pays the aggressive side better than the patient one. And holding rewards appear in the API as a holdingRewardsEnabled flag while the documentation index carries no page for them at all — guides quote a rate; we could not source one, so we are not repeating it.

Everything below concerns the two programmes that pay you to quote, starting with the one no competitor covers.

The $75,000 a day nobody is writing about

Polymarket Perps — the leveraged, never-resolving side of the platform — runs the biggest pot on offer: $75,000 every day, in reward periods running noon UTC to noon UTC. There is no application and no allowlist; every Perps account is scored automatically.

The design decision that matters is one sentence of the programme documentation: the budget is "split evenly across active Perps markets." Not by volume. Not by open interest. Evenly. We counted 88 live instruments on 13 October 2026, none flagged close-only, which puts every market's daily pool at $852.27.

An even split across a wildly uneven exchange produces an enormous distortion, and it runs in the maker's favour wherever the crowd is not.

MarketOpen interestDaily poolPool per $1m of OI
USA500 (S&P 500)$25,464,711$852.27$33.47
BTC$12,013,478$852.27$70.94
GOLD$7,771,141$852.27$109.67
SOL$786,591$852.27$1,083.50
CRWV$15,852$852.27$53,765
DELL$13,906$852.27$61,290

DELL's market is subsidised 1,831 times more densely than the S&P 500's. Aggregate it and the picture is starker still: the five largest markets hold 74.8% of the exchange's $95.7m of open interest and receive 5.7% of the budget, while the smallest 44 markets hold 3.3% of open interest and receive exactly half of it.

That is the opportunity. The constraint is that you cannot simply throw capital at it, because the score has a hard ceiling.

The score has a ceiling, and it is $600,000

Perps scoring samples the book repeatedly through each reward period. Only resting liquidity within 20 basis points of the midpoint counts at all, and within that window three distance bands carry very different weights.

Distance from midWeightScored notional capMax score, one side
Within 5 bps1.00$100,000100,000
5 to 10 bps0.25$100,00025,000
10 to 20 bps0.10$100,00010,000
Beyond 20 bps0—0
Both sides saturated—$600,000135,000

The $100,000 cap applies per tier, per side, per market, and independently — it is not one shared cap across your book. So a single account's arithmetic maximum is $100,000 × (1.00 + 0.25 + 0.10) = 135,000 points per side, reached with $300,000 of quotes on each side of the book.

The two sides are then combined with a harmonic mean rather than added:

snapshot_score = 2 × bid_score × ask_score / (bid_score + ask_score)

A harmonic mean of two equal sides returns that same value, so 135,000 is the ceiling — and it punishes imbalance brutally. Quote $300,000 of bids against nothing and the mean is zero: a snapshot scores only when both sides carry qualifying liquidity. There is no partial credit for a one-sided book, which is the sharpest break from the prediction-market programme below.

Knowing the ceiling turns the even split into something you can price, so we ran the scoring over every live book.

What the same quote earns in 88 different markets

For each of the 88 markets we took the live book, computed the midpoint from best bid and ask, bucketed every resting order into the three bands, applied the weights and took the harmonic mean. That gives the score the existing field is defending. We then asked what a newcomer posting the full saturating $600,000 would take from the pool.

Two assumptions, stated because they set the direction of the error: we treat the incumbent book as uncapped, which overstates the field and so understates your share, and we model maker score and uptime at 1.0, the best case. The next section prices what happens when they are not.

MarketResting inside 20 bpsPool shareModelled $/day
NCLD (index)$9,97396.4%$821.97
KPEPE (crypto)$401,20681.7%$696.43
JUP (crypto)$331,80978.6%$669.58
ZM (equity)$394,04374.3%$633.65
Median of all 88—30.6%$261.13
BTC (crypto)$5,564,18310.0%$85.48
GOLD (commodity)$8,088,8685.4%$45.73
USA500 (index)$9,492,1574.6%$39.61

Identical capital, identical quoting discipline, 20.8 times the money. The decision that governs your return is which ticker you quote, and it is made before you post an order.

As a yield on the $600,000 of notional you must show, the best market modelled 50.0% a year and the worst 2.41%, median 15.9%. Treat those as a ranking device, not a return: quoted notional is not posted margin, and the moment a quote fills you own a directional position rather than a fee stream.

One more number from the crawl explains why the thin markets stay thin: 68 of the 88 books already hold more than $600,000 inside 20 bps. In two-thirds of this exchange the field has already saturated everything a single account can score, so marginal capital there buys dilution, not score.

The 1% gate is softer than it reads

Quoting alone does not qualify you. An account must represent at least 1% of trailing seven-day maker volume to earn anything, which means you have to actually trade — and on a thin ticker, where 1% of a small number is a small number, that is a far easier bar than it sounds.

Clear it and the maker-share term is logarithmic, capped at 25%, then raised to the power 0.35. That exponent is the part worth understanding, because it is a deliberate subsidy for small makers:

Your maker shareMaker scoreAfter the 0.35 exponentShare of max reward
1% (the minimum)0.21270.581858.2%
3%0.42550.741574.2%
5%0.54990.811281.1%
10%0.73600.898389.8%
25% and above1.00001.0000100%

A twenty-five-fold difference in trading volume is worth a 1.72-fold difference in reward. Nothing above 25% maker share earns any further credit, so the whale's advantage on this term is bounded and small.

Uptime is where it bites instead. That term carries an exponent of 1.0 — strictly linear — and it is measured as the fraction of snapshots in which you had qualifying liquidity on both sides. Drop a side for a tenth of the period and you lose a tenth of the money. Combine the two: a maker at the bare 1% minimum running 90% uptime earns 52.4% of the modelled figures in the table above, so the median market pays nearer $137 a day than $261.

There is also a definition worth checking before you size anything. The rewards page sets the gate at 1% of trailing seven-day maker volume, while the fees page defines "account maker share" as maker volume divided by total exchange volume. Those are different denominators and the second is the harder test. We could not resolve which governs eligibility, so budget for the stricter reading.

The fee you pay to get paid

Here is the cost nobody nets off. On Perps, makers pay a fee at every volume tier below $500m of trailing 30-day volume. The rebate everyone quotes arrives only above $1bn.

30-day volumeMaker feeCost on $1m/day of maker volumeAgainst an $852.27 pool
$0 (new account)0.0125%$125.0014.7%
$1m0.0100%$100.0011.7%
$25m0.0050%$50.005.9%
$500m0.0000%$0.00—
$1bn-0.0050% (rebate)+$50.00 earned—

The drag is real but it is not the binding constraint: at the entry tier it takes $6,818,160 of maker volume in a day to consume one market's entire pool. For anyone quoting a thin ticker to clear a 1% gate, the fee is a rounding error against the reward. For a high-churn operation in a busy market, where the pool share is already small, it is not.

The tension to hold onto is that the gate rewards trading and the fee punishes it, and the pool does not grow when you trade more. Volume is a qualification cost, not a revenue line.

The prediction-market side, measured

Polymarket's original exchange — the YES/NO markets explained in our guide to how Polymarket works — runs liquidity rewards too, on a different formula and a per-market budget rather than one pot.

Each incentivised market publishes its own daily rate, minimum qualifying order size and maximum qualifying spread. We paged the open markets through Gamma's keyset endpoint and found that 12.0% carry a nonzero configured daily rate, a proportion that held steady across every sample size we crawled. Treat the published rates as configured caps: Polymarket's own documentation notes that actual payouts depend on eligible quoting.

Three mechanical differences change how you quote:

MechanicPerpsPrediction markets
Proximity scoringThree step bands (1.00 / 0.25 / 0.10)Continuous and quadratic: ((v-s)/v)²
One-sided quotesScore zeroScore, divided by 3.0 — unless the midpoint is outside 10c to 90c, where both sides are required
SamplingRepeated snapshots, noon to noon UTCUp to 1,440 samples a day, once a minute at a random offset
Eligibility gate1% of trailing maker volumeNone — resting orders qualify
Minimum payoutCredited in pUSD per period$1, below which nothing is paid

The quadratic rule is far more aggressive about proximity than the Perps bands: against a 3-cent maximum spread, halving your distance from 2 cents to 1 cent multiplies that order's score by four. And the $1 minimum quietly disqualifies small makers in big markets — a 0.1% score share of a $500 pool rounds to nothing and pays nothing.

So prediction markets are the easier place to start — no volume gate, and a one-sided quote still earns — while Perps is where the larger, more concentrated money sits.

Where the rebate money actually is

Maker rebates are the third programme, and the one that needs your orders to be hit. Polymarket redistributes a slice of taker fees to the makers whose liquidity was taken, weighted by the fee value each fill generated:

fee_equivalent = C × feeRate × p × (1 - p)

C is shares and p is price, so the fee peaks at a 50c midpoint and is symmetric: a fill at 30c generates the same fee as one at 70c. Your rebate is your share of fee-equivalent in that market, so you compete only against makers in the same book.

The slice given back is not uniform, and its ranking is not the taker-fee ranking — which is where the guides go wrong.

CategoryTaker fee rateMaker rebateMaker pool, 100 shares at 50c
Crypto0.07 (highest)20%0.35000 pUSD
Economics, Culture, Weather, Other0.0525%0.31250 pUSD
Politics, Finance, Tech, Mentions0.0425%0.25000 pUSD
Sports0.0515% (lowest)0.18750 pUSD
Geopolitics0 — fee-freenone0.00000 pUSD

Three readings worth taking from that. Sports is the worst-paid category to make markets in on a rebate basis — Polymarket keeps 85% of sports taker fees against 75% almost everywhere else, so the same 100 shares pay a sports maker 0.1875 pUSD against a crypto maker's 0.35. Geopolitics pays no rebate at all, because there is no taker fee to share; quoting it only makes sense for a market carrying a configured liquidity-reward rate. And crypto's top spot comes from the fee, not the generosity: it has the highest taker rate and the second-lowest giveback.

We should flag a discrepancy, since it is the figure most likely to be quoted at you. A well-ranked third-party guide states the Finance maker rebate is "up to 50%". Polymarket's maker rebates page says 25%, the same as eight other categories. We read the docs on 13 October 2026; the 50% figure is the taker rebate's top tier, which is a different programme. Our Polymarket fees guide covers the taker side of the same schedule.

What the rewards do not cover

Every number above is revenue. None of it is profit, and the gap between the two is the whole business of market making.

The arithmetic that ends most reward farming

A market's pool is $852.27 a day and your realistic share of a thin one is a few hundred. On Perps, one 10x-leveraged quote filled just before a 5% adverse move loses half your posted margin on that position. The reward is a modest, capped, linear-in-uptime income stream; the fill is an uncapped directional risk. They are not the same size.

Three traps follow from the formulas rather than from general caution. Proximity and adverse selection are the same axis — the 5 bps band pays 10 times the 10-to-20 bps band precisely because close quotes get picked off first, so the rule pays you to stand where the informed flow is. Uptime punishes risk management: pulling quotes through news is exactly what costs you the linear term. And a thin market is thin for reasons — the $61,290-per-$1m subsidy on DELL exists because almost nobody wants inventory there, and you still have to get out of what fills.

This is market structure, not advice, and the figures are one snapshot of a schedule Polymarket says it may change at its discretion.

Check the live pool before you quote

Market count moves the per-market pool, and every figure here is a 13 October 2026 snapshot. Read the current rate from the market itself.

Visit Polymarket.com →

Affiliate link. 18+ only. Polymarket restricts access from the United States, Canada and other listed jurisdictions, and its Perps and prediction markets carry different restriction lists. Leveraged trading carries a substantial risk of loss. Nothing here is financial advice.

My verdict

The Perps programme is the most generous and the least written about, and the reason is simply that nobody ran the numbers. An even split across 88 markets is a standing subsidy to whoever is willing to quote the unfashionable half of the exchange, and the measured spread between best and worst market — 20.8x on identical capital — is larger than any edge you will find inside a single book.

The design also favours small makers more than its own documentation suggests. The 0.35 exponent caps the whale's advantage at 1.72x, the $100,000 tier cap stops anyone buying a pool outright, and the 1% gate is cheap where volume is small. All three point the same way: thin markets, quoted consistently.

The uptime term is what would change my mind. It is linear and measured on both sides at once, so the programme pays for exactly the behaviour a careful trader abandons in a fast market. Model your income at half the headline, decide in advance what you will do when a quote fills, and treat the reward as a subsidy on a book you would want to run anyway — not a reason to run one.

Polymarket maker rewards FAQ

How much can you earn from Polymarket maker rewards?

On Perps, each market's pool was $852.27 a day on 13 October 2026 — $75,000 split evenly across 88 markets. Running Polymarket's scoring formula over every live book, a maker posting the full $600,000 of qualifying quotes modelled $821.97 a day in the thinnest market, $39.61 in the deepest and $261.13 at the median. Scale that by your uptime and maker score: at the 1% minimum share and 90% uptime you keep 52.4% of it.

Do you need your orders to be filled to earn Polymarket rewards?

It depends on the programme. Liquidity rewards on both Perps and the prediction markets pay for resting orders and need no fill. Maker rebates are the opposite: they only pay when another trader takes your liquidity, because they are funded by that trade's taker fee. Taker rebates pay for removing liquidity, not providing it.

What is the minimum to qualify for Polymarket Perps liquidity rewards?

An account must represent at least 1% of trailing seven-day maker volume, and must hold qualifying liquidity on both sides of the book within 20 basis points of the midpoint. There is no application process. Note that the rewards page measures that 1% against maker volume while the fees page defines account maker share against total exchange volume, which is a stricter test — budget for the stricter one.

Which Polymarket market pays makers best?

The thinnest book with a pool, because the pool does not shrink with the market. On 13 October 2026 DELL's market received $61,290 of daily rewards per $1m of open interest against the S&P 500 market's $33.47 — a 1,831-fold difference. The five largest markets held 74.8% of open interest and 5.7% of the budget; the smallest 44 held 3.3% of open interest and half the budget.

Is there a cap on Polymarket Perps liquidity rewards?

Yes, two. Scored notional is capped at $100,000 per distance tier, per side, per market, which puts a single account's maximum score at 135,000 and saturates at $600,000 of resting quotes. And maker share stops earning credit above 25%. In 68 of the 88 markets the existing book is already deeper than $600,000 inside 20 bps.

Does Polymarket charge makers a fee?

On Perps, yes. New accounts pay 0.0125% of notional as a maker fee, falling across volume tiers to zero at $500m of trailing 30-day volume and becoming a 0.0050% rebate above $1bn. At the entry tier it takes $6,818,160 of maker volume in a day for that fee to consume one market's $852.27 pool. On the prediction markets the maker fee rate is zero in every category.

What is the Polymarket maker rebate percentage?

25% of taker fees in Finance, Politics, Economics, Culture, Weather, Tech, Mentions and Other; 20% in Crypto; 15% in Sports, the lowest. Geopolitics is fee-free and so pays no rebate. Some third-party guides quote 50% for Finance — that is the top tier of the separate taker rebate programme, not the maker rebate, which Polymarket's own page puts at 25%.

Sources

Instruments, tickers and all 88 order books read from Polymarket's public Perps API between 14:49 and 14:52 UTC on 13 October 2026; open prediction markets crawled via Gamma's keyset endpoint the same hour. Scores are our own application of Polymarket's published formulas to that snapshot, with the assumptions stated in the text; they are not reported payouts. Market data moves. Nothing here is financial advice.