Polymarket Migration to Own Chain Threatens 84% of Polygon Fee Revenue

Key Facts

1Polymarket accounts for 83.6% of total network fees on Polygon prior to its announced move to its own chain.

2Polygon currently holds $765 million in value as questions arise regarding the future value of the POL token.

Polymarket is migrating to its own independent blockchain, a move that threatens to strip the Polygon network of its primary revenue source. According to cryptoticker.io, the protocol accounts for 83.6% of total network fees on Polygon, contributing $30.98 million out of the $37.05 million in fees generated over the past 30 days.

The migration occurs as Polygon holds $765 million in total value locked (TVL) as of September 28, 2026. As Polymarket moves to capture more value through its own infrastructure, questions have arisen regarding the future value of the POL token, given that the protocol also represents 32.7% of Polygon's total trading volume.