Polymarket Stock Price, Valuation & IPO
Private company — Polymarket is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$154.00 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 12 February 2026
Last round valuation: $21B
Source: F, August 2026, post-money
Total raised: $2.16B
Data last updated: 31 August 2026
About Polymarket
The largest prediction-markets platform, built on the Polygon blockchain — lets users bet on the outcomes of real-world events.
Polymarket is the world's largest prediction market, trading binary contracts on real-world event outcomes. It handled $21.5B in volume in 2025, with 600K MAU and 10,000+ active markets. ICE (NYSE) invested $2B in October 2025. In March 2026 fees launched across all categories, and April brought its biggest infrastructure upgrade yet plus its own stablecoin, Polymarket USD (pegged 1:1 to USDC).
- Sector: Prediction Markets / Web3
- Headquarters: New York, USA
- Founded: 2020
Key highlights
- Polymarket US — a second product already generating revenue. Launched in November 2025, it logged $256M in volume in March alone, with 4,100+ markets (up from 1,372 in February). Political and economic markets — on the Fed, CPI, and Congressional elections — were added in April. It's live in 49 states, and at the current pace could hit $1B+/month by the end of 2026.
- Its own stablecoin, Polymarket USD, reduces bridge dependency. The platform used to rely on bridged USDC.e, which carries bridge-hack and fund-loss risk. The new PUSD is backed 1:1 by real USDC held at Circle, alongside a fully rewritten trading engine with faster execution, lower gas, and upgraded smart contracts.
- The $POLY token is the main catalyst for user acquisition. Officially confirmed: an airdrop will reward active traders, giving people a strong incentive to trade more now to earn a bigger allocation. Historically, major airdrops (Uniswap, Blur) grew user bases 3-5x.
- Sports are turning Polymarket from a niche crypto product into a mainstream one. Partnerships with the UFC, MLS, NHL, and NY Rangers are integrating prediction markets into broadcasts. Volume jumped 173% in a week during March Madness, with one NCAA final alone generating $1.2M. Sports already account for 39% of volume and growing.
- The World Cup + 2026 midterms — two mega-events at once. The World Cup in the US/Canada/Mexico will draw a global audience, while the Congressional midterms will draw an American one — for reference, the 2024 election alone generated $3.6B in volume. Both events running in parallel could break every record.
- Fees are already generating real money and growing fast. Launched March 30, with roughly $160M in daily taker volume generating about $1.2M/day in revenue ($573K/day net) — already 60% of Pump.fun's revenue and 30% of Hyperliquid's. At the current growth rate, it could catch up to Pump.fun by September 2026.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 31 August 2026 | F | $241.34 | $21B |
| 1 February 2026 | E | $144.08 | $14B |
| 7 October 2025 | D | $103.66 | $9B |
| 26 August 2025 | C | $17.89 | $1.2B |
| 11 February 2025 | B | $8.45 | $350M |
| 14 May 2024 | A | $6.47 | $156M |
| 19 October 2020 | A7 | $1.27 | $19M |
Frequently asked questions
How can I buy Polymarket stock before the IPO?
Not on a public exchange — Polymarket is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the Polymarket stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $154.00 per share as of 12 February 2026. Its most recent round implied a post-money valuation of $21B (August 2026).
What is Polymarket's valuation (net worth)?
Polymarket's most recent funding round valued the company at $21B post-money (August 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Polymarket IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is Polymarket publicly traded?
No. Polymarket is a private company and its shares are not listed on any public exchange.
Does Polymarket have a stock symbol?
No. Polymarket has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.