Prediction Market Polymarket will launch a token and release a portion of it to users after it officially resumes operations in the US, the company’s chief marketing officer confirmed on Thursday.
“There will be a token, there 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 focused first on making a strong return to the US market.
“Right now our main priority is to release it in the United States and make a big splash there,” he said. “After we take care of business on the US app and the US launch, we will focus on the token.”
That release could come any day. Polymarket acquired QCX, a derivatives exchange registered with the Commodity Futures Trading Commission (CFTC), for $112 million earlier this year. The move was widely seen as a way to return its prediction markets to American users in a fully regulated format.
A regulatory filing filed on September 30 said: “The Exchange intends to list the Products no earlier than October 2, 2025, which is no earlier than the Commission business day following this filing.”
That timing suggests the U.S. version of the platform could go live at any time.
Modabber did not offer details on 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 upfront trading incentives or short-term advertising.
“As a result, teams like Hyperliquid, who really thought this through, will be around forever,” he said.
Polymarket allows users to bet on real-world outcomes, such as election results or sporting events, by purchasing shares in specific outcomes.
The next token will be part of the next phase. But for now, the team is focused on clearing the runway.
