Catenaa, Monday, October 24, 2025- Polymarket has officially confirmed plans to launch its POLY token and an accompanying airdrop, marking a major milestone for the prediction market platform as it prepares for a US relaunch.
Chief Marketing Officer Matthew Modabber confirmed on the Degenz Live podcast that the token rollout would follow the platform’s long-awaited return to the American market, after securing regulatory clearance and acquiring QCX LLC to operate as a Designated Contract Market.
Polymarket aims to ensure the token has “true utility and longevity,” according to Modabber.
Polymarket dominates the prediction market sector, handling over 95% of total trading volume. In the week ending October 13, the platform processed roughly $690 million in trades, surpassing competitors Kalshi, Limitless, and Myriad combined.
The platform now hosts around 1.35 million active users, with high-value traders representing a small portion of total wallets.
The upcoming POLY token is expected to reward users via a potential airdrop linked to trading activity, potentially making it one of the largest in crypto history.
Analysts predict the token could underpin governance, staking, or fee-sharing mechanisms as the US app stabilizes.
Polymarket has drawn significant institutional backing, including a $2 billion investment from Intercontinental Exchange at a $9 billion valuation.
The company is also reportedly exploring another funding round that could raise its valuation to $15 billion.
The launch represents a dual strategy: re-establishing Polymarket’s US presence while introducing the POLY token to incentivize user activity and support the platform’s next growth phase.
