Polymarket CEO: Currently operating at a loss, expanding market share is the top priority.

According to Odaily Planet Daily, Polymarket CEO Shayne Coplan stated in an interview with AXIOS that Polymarket is currently operating at a loss. "It's not that we don't like making money, but our priority is creating a completely new market and making it as large as possible, capturing as much market share as possible," he explained. Every prediction market has a spread, similar to sports predictions. Users don't outwardly pay transaction fees, but they do pay the spread. However, in the Polymarket market, the spread isn't taken by the platform; instead, it's distributed to users who provide liquidity, and those who place orders earn it.