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Ahmed Balaha

Polygon surpasses Ethereum in daily fees as Polymarket Oscar wagers reach $15M

On Friday, Polygon collected around $407,100 in fees, overtaking Ethereum's roughly $211,700, marking its first recorded lead. A burst of Polymarket activity drove the shift, with about $15 million bet on a single Oscars market and over $1 million in fees generated in seven days. Typical transaction costs were about $0.0026 on Polygon versus ~$1.68 on Ethereum.