Prediction marketplace Polymarket will launch a token and send a portion of it to users after it officially resumes operations in the US, the company’s marketing chief confirmed on Thursday.
“There will be a token that will be an airdrop,” Polymarket CMO Matthew Modabber said on the Degenz Live podcast. But the launch is not imminent. Modabber said the company is first focusing on making a strong return to the US market.
“Right now our core priority is to launch in the US and make a big splash there,” he said. “After we take care of business on the US app and launch in the US, the focus will be on the token.”
That launch could come any day. Polymarket acquired QCX, a Commodity Futures Trading Commission (CFTC)-registered derivatives exchange, for $112 million earlier this year. The move was widely seen as a way to bring its prediction markets back to US users in a fully regulated format.
A regulatory filing filed Sept. 30 said: “The Exchange intends to list the product(s) no earlier than October 2, 2025, which is no earlier than the Commission’s business day following this filing.”
That timing suggests the US version of the platform could go live at any time.
Modabber did not offer details about the token’s mechanics or use cases. But he pointed to the token model of Hyperliquid, a non-custodial perpetual exchange that recently launched a token without initial trading incentives or short-term hype.
“Teams like Hyperliquid that have really thought it through will be around forever as a result,” he said.
Polymarket allows users to bet on real-world outcomes – such as election results or sporting events – by buying shares in specific outcomes.
The upcoming token will be part of the next phase. But for now, the team is focused on clearing the runway.
