PolyMarket Airdrop Confirmed: Essential Information You Should Know

PolyMarket Airdrop Confirmed — Here's What You Need to Know Ahead

Polymarket has officially announced the long-awaited launch of its POLY token and an associated airdrop. This marks a significant milestone for the evolving prediction market platform. The news was confirmed by Chief Marketing Officer Matthew Modabber during an interview, ending months of speculation regarding the token’s release.

Key Takeaways

Confirmation of Token and Airdrop: Polymarket will launch its POLY token and conduct an airdrop, as confirmed by CEO Matthew Modabber.
Market Leadership: Polymarket currently dominates the prediction market sector, handling over 95% of the total market volume.
U.S. App Launch Priority: The company is prioritizing the launch of its app in the U.S. before focusing on the POLY token.
Institutional Investment: Polymarket recently secured a $2 billion investment from Intercontinental Exchange, significantly boosting its valuation.
Anticipated Airdrop: The upcoming airdrop is expected to reward active users, potentially rivaling previous large-scale airdrops in the crypto space.

POLY Token and Airdrop Announcement

Polymarket has confirmed plans to introduce its eagerly awaited POLY token, which will include a corresponding airdrop. This announcement is a pivotal moment for the up-and-coming prediction market platform. During an interview on the Degenz Live podcast, Chief Marketing Officer Matthew Modabber stated that the project would “definitely” feature both the token and the airdrop.

Polymarket Bets Big on the U.S. Market Before Rolling Out Its Token

“There will be a token, there will be an airdrop,” Modabber said. He explained that while the token could have been launched earlier, the team wants it to possess genuine utility and durability—lasting for the long term. This announcement eases the concerns that have circulated since founder Shayne Coplan hinted at a native $POLY token on October 9.

Polymarket's Dominance in the Prediction Market Sector

This confirmation arrives as Polymarket establishes itself as the leading prediction market platform, controlling more than 95% of total market volume, according to Dune Analytics. In the week ending October 13, the platform processed approximately $690 million in trading volume, exceeding that of competitors such as Kalshi, Limitless, and Myriad combined.

Polymarket’s Market Share Tops 95%

The company’s market dominance signifies a resurgence in trader interest and engagement in the prediction market industry after a downturn in mid-2025. Amidst the excitement for the new token, Modabber emphasized that their primary focus remains on the eagerly awaited launch of the Polymarket app in the U.S.

Having recently received regulatory approval to reenter the American market after halting operations in 2022 due to a Commodity Futures Trading Commission (CFTC) enforcement action, the team is prioritizing this launch.

“Why rush a token if we need to prioritize the U.S. app?” Modabber noted. “We’ve been eagerly waiting for this app for the past five years, dealing with numerous regulatory challenges. After the U.S. launch, we will concentrate on the token and ensure its successful release.”

Polymarket is moving back into the U.S. market following its $112 million acquisition of QCX LLC earlier in the year, which granted it a Designated Contract Market license to self-certify prediction markets for American users.

Institutional Investment Boosts Valuation

Polymarket’s resurgence is happening alongside a significant increase in institutional investment and market valuation. In October, the platform successfully attracted a $2 billion investment from the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, resulting in a $9 billion post-money valuation.

Bloomberg has reported that Polymarket may pursue a new funding round that could elevate its worth to as much as $15 billion. The platform’s valuation has surged over the past year, having jumped from $1 billion after a $200 million funding round led by Peter Thiel’s Founders Fund in June 2025.

According to Dune Analytics, the larger prediction market industry has seen a notable rebound since mid-2025. Together, Polymarket and Kalshi processed over $4.3 billion in trades last month, with Polymarket alone accounting for $2.9 billion, capturing more than 95% of the total market volume.

Trading Volumes Surge

Weekly trading volumes now surpass $700 million, supporting nearly 6.6 million transactions across major platforms. The impending POLY token launch adds another layer of excitement to Polymarket's trajectory. Although no official date has yet been announced for the airdrop, speculation suggests it may reward the most active users.

Currently, Polymarket has about 1.35 million active users, with data showing just 1.7% of wallets trading over $50,000. Analysts believe this distribution may enable one of the largest airdrops in crypto history, potentially challenging the giveaways by Uniswap and Pi Network.

Furthermore, the POLY token is anticipated to play a vital role in Polymarket’s future growth, likely serving governance, fee distribution, or staking functions as the U.S. launch stabilizes.