<@1361217824776786031> Please bring back the normal 1-cent price increments for football markets.
Previously, prices moved in simple steps like 44, 45, 46, etc., which was clear, familiar, and easy to work with. Now the prices move in 0.25 increments, like 44.25, 44.50, 44.75, 45, and so on.
In my opinion, this makes football markets much less convenient and much harder to trade. Most people are used to standard 1-cent increments, and I honestly don’t see any real benefit in the new system.
Please consider returning football markets to the previous 1-cent tick size.
<@1361217824776786031> Please bring back the normal 1-cent price increments for football markets.
Previously, prices moved in simple steps like 44, 45, 46, etc., which was clear, familiar, and easy to work with. Now the prices move in 0.25 increments, like 44.25, 44.50, 44.75, 45, and so on.
In my opinion, this makes football markets much less convenient and much harder to trade. Most people are used to standard 1-cent increments, and I honestly don’t see any real benefit in the new system.
Please consider returning football markets to the previous 1-cent tick size.
You can not even place order at those 0.25 spread with UI, What is going on here?
You can not even place order at those 0.25 spread with UI, What is going on here?
Yeah, exactly. I also don’t understand why this was changed — everything was working great before.
<@1361217824776786031> please consider bringing back the normal 1-cent increments for football markets. It was much better for users!!!
Yeah, exactly. I also don’t understand why this was changed — everything was working great before.
<@1361217824776786031> please consider bringing back the normal 1-cent increments for football markets. It was much better for users!!!
<@1361217824776786031> <@707597210845446214> bring it back to normal,nobody wants 0.25 tick size,it's a dumb idea
<@1361217824776786031> <@707597210845446214> bring it back to normal,nobody wants 0.25 tick size,it's a dumb idea
Agree this
No one wants 0.25 size,it’s totally a stupid idea,can you guys just listen to community and users?
Polymarket is getting worse and worse
Agree this
No one wants 0.25 size,it’s totally a stupid idea,can you guys just listen to community and users?
Polymarket is getting worse and worse
100000000% agree with you! Polymarket Team PLEASE RETURN 1 CENT TICK SIZE
100000000% agree with you! Polymarket Team PLEASE RETURN 1 CENT TICK SIZE
Hi, with the 0.25c tick size, is there no more tick_size_change? After the match, selling at 99.75 would lose 0.15, this is not good. <@624575779023355904> <@930737463163494430>
Hi, with the 0.25c tick size, is there no more tick_size_change? After the match, selling at 99.75 would lose 0.15, this is not good. <@624575779023355904> <@930737463163494430>
return 1 cent tick size.
return 1 cent tick size.
The 0.25c tick size makes the whole system look stupid. I liked being able to sell at 99.9, but now I’m forced to sell at 99.75 and lose 0.15 per share. This sucks.
The 0.25c tick size makes the whole system look stupid. I liked being able to sell at 99.9, but now I’m forced to sell at 99.75 and lose 0.15 per share. This sucks.
Please this 0.25c tick size is really not needed, just stop it already and revert to the 1c, it makes the ui look quite clunky
Please this 0.25c tick size is really not needed, just stop it already and revert to the 1c, it makes the ui look quite clunky
They are doing everything in their power to ruin market makers' earnings
They are doing everything in their power to ruin market makers' earnings
They are destroying the polymarket
They are destroying the polymarket
who cares for your opinions? its monopoly and users feedback dont matter
who cares for your opinions? its monopoly and users feedback dont matter
soon it will be 0.5 and then ony 1 cent. who cares
soon it will be 0.5 and then ony 1 cent. who cares
do 0.25 ticks never evolve to 0.1 ticks?
do 0.25 ticks never evolve to 0.1 ticks?
The 0.25 tick size sucks, please remove.
The 0.25 tick size sucks, please remove.
If the soccer markets must be sacrificed to 0.25 ticks so be it. But please don't spread the disease to any other markets 🙏
If the soccer markets must be sacrificed to 0.25 ticks so be it. But please don't spread the disease to any other markets 🙏
Like that time when they announce 0.0025 tick sizes 15 minutes after they released it and caused hundreds of bots to break?
Like that time when they announce 0.0025 tick sizes 15 minutes after they released it and caused hundreds of bots to break?
> We've also begun rolling out 0.25¢ ticks to tighten spreads **and bring down what it actually costs you to trade.**
> We've also begun rolling out 0.25¢ ticks to tighten spreads **and bring down what it actually costs you to trade.**
JUST GIVE EVERY SPORTS MARKET .10¢ TICKS TO TIGHTEN SPREADS, IT'S NOT HARD
JUST GIVE EVERY SPORTS MARKET .10¢ TICKS TO TIGHTEN SPREADS, IT'S NOT HARD
JUST GIVE EVERY SPORTS MARKET 10¢ TICKS TO TIGHTEN SPREADS, IT'S NOT HARD
JUST GIVE EVERY SPORTS MARKET 10¢ TICKS TO TIGHTEN SPREADS, IT'S NOT HARD
bright idea,lmao,it's tight enough
bright idea,lmao,it's tight enough
nobody likes 0.25 tick size change and im saying that as a taker..
nobody likes 0.25 tick size change and im saying that as a taker..
The tick change reduces makers profitability, and then the fee change reduces taker profitability. You guys reduced the maker percentage but didn't mention that, so everyone is clear, makers receive the same rebate while takers pay more. IDK, just seems like if you are in a volume war, this is a bad move.
One problem that i think exists is that price discovery can't happen because it is literally so expensive to take, the reduction in tick size was a nice help for that, but then the added taker fees kind of negates that.
The tick change reduces makers profitability, and then the fee change reduces taker profitability. You guys reduced the maker percentage but didn't mention that, so everyone is clear, makers receive the same rebate while takers pay more. IDK, just seems like if you are in a volume war, this is a bad move.
One problem that i think exists is that price discovery can't happen because it is literally so expensive to take, the reduction in tick size was a nice help for that, but then the added taker fees kind of negates that.
We went to quarter ticks, but at ~0.50 you added half a cent in taker fees, the net of that is less price discovery.
Also with the added fees, you don't get any additional routing from smart routers to your exchange, even if you are 1 or 2 ticks better than others.
We went to quarter ticks, but at ~0.50 you added half a cent in taker fees, the net of that is less price discovery.
Also with the added fees, you don't get any additional routing from smart routers to your exchange, even if you are 1 or 2 ticks better than others.
quarter tick sizes, up fees, lower rebates, basically all at once
quarter tick sizes, up fees, lower rebates, basically all at once
Genuine question for the team: what was the thinking behind switching some markets to a 0.25c tick size with no 0.1c level? Just trying to understand if this is permanent or market-specific.
Genuine question for the team: what was the thinking behind switching some markets to a 0.25c tick size with no 0.1c level? Just trying to understand if this is permanent or market-specific.
I think current 1c is fine, but even 0.5 would be fine. 0.25 is too low and just lowers the profits for everyone
I think current 1c is fine, but even 0.5 would be fine. 0.25 is too low and just lowers the profits for everyone
Tell users that 0.25 tick brings down what it actually costs, and then raise the sports fee to 0.05. <:Bidensmile:1040247925420339251>
Tell users that 0.25 tick brings down what it actually costs, and then raise the sports fee to 0.05. <:Bidensmile:1040247925420339251>
We've also begun rolling out 0.25¢ ticks to tighten spreads and bring down what it actually costs you to trade. They're live on the remaining World Cup markets, and we’ll be expanding to more markets over the summer.
<@624575779023355904>
Dont do this , very bad idea
We've also begun rolling out 0.25¢ ticks to tighten spreads and bring down what it actually costs you to trade. They're live on the remaining World Cup markets, and we’ll be expanding to more markets over the summer.
<@624575779023355904>
Dont do this , very bad idea
Yeah leave it there
Yeah leave it there
Why?
Tighter spreads at extreme ends are better.
Why?
Tighter spreads at extreme ends are better.
0.25
0.25
They could just enable 0.1c by default
They could just enable 0.1c by default
I hate trading 0.1 too easy to frontrun
I hate trading 0.1 too easy to frontrun
Prices get mispriced
Prices get mispriced
just let us do infinite ticksize orders why not 17.11111242121 cents would be amazing 1 up bots moving orders over each other all day
just let us do infinite ticksize orders why not 17.11111242121 cents would be amazing 1 up bots moving orders over each other all day
Incredibly based
Incredibly based
what do we think about the market is starting out @ .25 and then at the extremes going to .1 again?
That would allow for bonding, and whatever it is they really want with going to .25. ("so that we are able to trade with less" sort of loses some of its credibility when it's in the same sentence with a fee increase of 66.7% <:Bidensmile:1040247925420339251> )
what do we think about the market is starting out @ .25 and then at the extremes going to .1 again?
That would allow for bonding, and whatever it is they really want with going to .25. ("so that we are able to trade with less" sort of loses some of its credibility when it's in the same sentence with a fee increase of 66.7% <:Bidensmile:1040247925420339251> )
.1 ticks are fine
.1 ticks are fine
The fee increase is a response to shrinking tick sizes. The argument is that takers now get tighter pricing so they’ll make back their fees by being able to buy for cheaper
The fee increase is a response to shrinking tick sizes. The argument is that takers now get tighter pricing so they’ll make back their fees by being able to buy for cheaper
Makers are arguably the biggest losers here, because the decreased tick sizes gives them less edge and they’re compensated nowhere else
Makers are arguably the biggest losers here, because the decreased tick sizes gives them less edge and they’re compensated nowhere else
less is an understatement
less is an understatement
I really don’t understand why this was changed — the old 1-cent tick size worked perfectly fine and was much easier for users.
Kalshi now has 1-cent tick sizes, and if Polymarket keeps moving in this 0.25¢ direction, I honestly think a lot of sports/football traders will start moving there. I’m already thinking of going to Kalshi
<@1361217824776786031> <@707597210845446214> <@624575779023355904> please think about this carefully and consider bringing back the normal 1-cent increments for football markets. The previous system was simple, clean, and worked really well.
I really don’t understand why this was changed — the old 1-cent tick size worked perfectly fine and was much easier for users.
Kalshi now has 1-cent tick sizes, and if Polymarket keeps moving in this 0.25¢ direction, I honestly think a lot of sports/football traders will start moving there. I’m already thinking of going to Kalshi
<@1361217824776786031> <@707597210845446214> <@624575779023355904> please think about this carefully and consider bringing back the normal 1-cent increments for football markets. The previous system was simple, clean, and worked really well.
So this means that the prices will never go down to the .1 cent tick size? Must they be mutually exclusive?
if that is the case, hard to imagine this allows you to *trade with less*. It only allows you to trade with less **compared to whole cent tick sizes**. it hurts bonders and MM's, anybody trading at the extremities who used to be getting .1c sizes.
Maybe we compromise and keep $0.25 tick size to start the match/market, and then at the extremities still drop to .1?
So this means that the prices will never go down to the .1 cent tick size? Must they be mutually exclusive?
if that is the case, hard to imagine this allows you to *trade with less*. It only allows you to trade with less **compared to whole cent tick sizes**. it hurts bonders and MM's, anybody trading at the extremities who used to be getting .1c sizes.
Maybe we compromise and keep $0.25 tick size to start the match/market, and then at the extremities still drop to .1?
Request: Don't spread the 0.25c ticks everyone hates to other markets
Announcement 4 hours later: 0.25c ticks are going to infect all other markets now
Request: Don't spread the 0.25c ticks everyone hates to other markets
Announcement 4 hours later: 0.25c ticks are going to infect all other markets now
right ,or when price hit like 96.75,the tick size change window starts to open like now,0.01 change to 0.001 when deal price hit 96c
right ,or when price hit like 96.75,the tick size change window starts to open like now,0.01 change to 0.001 when deal price hit 96c
im so ready to go to Kalshi if they keep doing this
im so ready to go to Kalshi if they keep doing this
Same here. I’ve been checking Kalshi since this morning — looking at the order book, finished registration, and already deposited funds there.
I honestly don’t want to leave Polymarket, but it feels like Polymarket is not listening to its users and is just doing whatever it wants. The old 1-cent tick size worked well and was much more convenient.
Really hope the team reconsiders this.
Same here. I’ve been checking Kalshi since this morning — looking at the order book, finished registration, and already deposited funds there.
I honestly don’t want to leave Polymarket, but it feels like Polymarket is not listening to its users and is just doing whatever it wants. The old 1-cent tick size worked well and was much more convenient.
Really hope the team reconsiders this.
Theres not a single discussion across this entire discord of anyone asking for 0.25c but somehow they implemented this and are justifying it as somehow it benefits retail. Yeah sure typing in 25.75 and 16.25 each time is so easy.
In reality these changes were requested by SIG, Jump and other insiders who feast on retail flow
Theres not a single discussion across this entire discord of anyone asking for 0.25c but somehow they implemented this and are justifying it as somehow it benefits retail. Yeah sure typing in 25.75 and 16.25 each time is so easy.
In reality these changes were requested by SIG, Jump and other insiders who feast on retail flow
Once hyperliquid introduces more sports markets and the liquidity get better, i am out of polymarket for life, and there was never going to be an airdrop, from the amount of money they raised and the type of investors they raised money from of course an ipo is always going to be #1 option, promising an airdrop was the only way for them to get crypto natives to use polymarket after losing all that volume to kalshi.
Man seriously, i pray polymarket volume falls off a cliff after 0.25c tick size and the stupid fee updates,
Once hyperliquid introduces more sports markets and the liquidity get better, i am out of polymarket for life, and there was never going to be an airdrop, from the amount of money they raised and the type of investors they raised money from of course an ipo is always going to be #1 option, promising an airdrop was the only way for them to get crypto natives to use polymarket after losing all that volume to kalshi.
Man seriously, i pray polymarket volume falls off a cliff after 0.25c tick size and the stupid fee updates,
was this the reason for the 0.25 ticks
was this the reason for the 0.25 ticks
For world cups game i think .25 tick size is ok
For world cups game i think .25 tick size is ok
until it sets a precedent and expands to other markets
until it sets a precedent and expands to other markets
For low liquidity game it is not
For low liquidity game it is not
There are two simple ways to make the company more profitable:
- Improving the site so that the volume increases
- Reducing all the useless spending
Instead you chose the short-term solution of increasing the fees as much as possible... It's a bad solution, it won't work well in the long run. People will just bet elsewhere, there are hundreds of competitors. Poly has now some of the worst odds and on top of that the site doesn't work. Why would anyone use poly? Your share of the total prediction market volume is decreasing every month. Your company will die soon
There are two simple ways to make the company more profitable:
- Improving the site so that the volume increases
- Reducing all the useless spending
Instead you chose the short-term solution of increasing the fees as much as possible... It's a bad solution, it won't work well in the long run. People will just bet elsewhere, there are hundreds of competitors. Poly has now some of the worst odds and on top of that the site doesn't work. Why would anyone use poly? Your share of the total prediction market volume is decreasing every month. Your company will die soon
Like they expect makers to quote tighter with the same rebates, and takers to take more with fees more than offsetting the potential benefit of new ticks 🤡
Like they expect makers to quote tighter with the same rebates, and takers to take more with fees more than offsetting the potential benefit of new ticks 🤡