Polymarket - Frequently Asked Questions

Question 1

What is Polymarket?

Whales Market · Accepted Answer

Polymarket is the world’s largest prediction market where users trade event outcomes; it runs on Polygon and settles markets in USDC.

Question 2

What is the native token of Polymarket?

Whales Market · Accepted Answer

The native token of Polymarket is $POLY

Question 3

What is $POLY (Polymarket) price today?

Whales Market · Accepted Answer

$POLY does not yet have an official market price since it has not been fully listed. However, it is currently trading at around $0 on the leading pre-market platform, Whales Market. Here, you can buy more $POLY or sell to take profit before it is officially listed on CEXs like Binance or Bybit.

Question 4

What is the pre-market price of $POLY?

Whales Market · Accepted Answer

As of November 17o 2025, the pre-market price for $POLY is $0 on Whales Market. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, trustless and on-chain.

Question 5

What is the total amount raised by Polymarket?

Whales Market · Accepted Answer

Polymarket has raised $70M in venture funding ($45M Series B led by Founders Fund with 1confirmation & ParaFi; $25M Series A led by General Catalyst). In addition, on Oct 7, 2025, Intercontinental Exchange (ICE) announced a strategic investment of up to $2B at ~$8B pre-money.