Polymarket Removes Delay on Taker Orders, Increasing Competition

Polymarket has recently removed a 500-millisecond delay on taker orders, which previously gave an edge to sophisticated quantitative traders in the bitcoin binary options markets. According to NS3.AI, this change reduces the trading advantage that high-speed market makers had, thereby increasing competition and trading complexity. The adjustment may indicate a move towards fewer trading incentives and a more equitable environment on Polymarket's bitcoin prediction markets.