Polymarket's cumulative fee revenue has exceeded $15 million, essentially covering LP subsidy expenditures

According to data compiled by Gate Research on Dune, since beginning to charge trading fees on certain markets starting January 6th, Polymarket has accumulated over $15.18 million in fee revenue.

Meanwhile, the total subsidies distributed by Polymarket to liquidity providers (LPs) are currently reported at $15.36 million. The platform's fee earnings have essentially covered the total liquidity subsidy expenditures.