Polymarket, a blockchain-based prediction market platform, became especially popular in 2024. The main reason was the U.S. presidential elections — users were betting on whether Trump would win or not.
On Nov. 6, 2024, the platform’s total value locked (TVL) rose above $500 million. Later, this number dropped below $100 million, but started growing again during the summer of 2025. As of Nov. 5, Polymarket’s TVL is around $230 million, showing a growth of more than 100% since the summer. The trend remains upward, and it may be related to the potential Polymarket airdrop.
Polymarket and the prediction market narrative are still quite new but developing fast, with a relatively low entry barrier. Some compare this sector to meme coins before their boom. Whether that is true or not, it is too early to tell. Cryptonews looked into what is happening here.
Polymarket Airdrop Is in the Air
With the platform’s growing popularity, it was obvious that at some point, a Polymarket airdrop would happen, and the project would launch its own token. There is still no confirmed date or criteria, but it is known that the token will have the ticker POLY.
Matthew Modabber, CMO at Polymarket, said in an interview that the company does plan to launch its token. For now, the project is focused on entering the U.S. market. When that happens, the crypto community will finally see POLY.
How to Claim the Polymarket Airdrop?
There is still no confirmed information about how the Polymarket airdrop will work. It will likely depend on how active users are on the platform. To start, it is enough to register on Polymarket. There is no KYC, just a crypto wallet.
Another sign of growing interest is the appearance of Polymarket Traders badges on X (formerly Twitter). This is part of a separate program. To get the badge, users need to be active and post about Polymarket. It seems that this activity could also be considered for the upcoming airdrop. However, getting a badge is not easy, and the waitlist is already long.
The second way to qualify could be ranking as a top trader on the platform. It is safe to assume that those users will also be eligible for the POLY distribution.