You can leave a Polymarket position in two ways: sell your shares before the market resolves, at the best bids with a market order or at your own price with a limit order, or hold them to resolution, when each winning share can be redeemed for 1 pUSD ($1) and each losing share is worth $0. A sale that matches immediately pays a taker fee in most market categories while a resting limit order pays none, and a result that nobody disputes stands about 2 hours after it is proposed, while a disputed one usually takes 4–6 days.
US residents can't deposit or trade on polymarket.com; they use the separate Polymarket US app. Polymarket also blocks or limits trading in many other countries, and governments add blocks of their own. Check where Polymarket and Kalshi are available before you move any money.
Polymarket's Terms of Use prohibit using a VPN or similar tool to get around these restrictions, and doing so can also break local law. PolyKal doesn't help anyone get around them.
The price shown on a market is not what a market sell pays. It is the midpoint between the best bid and the best ask, or the last traded price if the two are more than 10¢ apart. In Polymarket's own example, a 37% price is the midpoint of a 34¢ bid and a 40¢ ask: a market sell there gets 34¢ a share, not 37¢.
A market sell fills against the highest bid first, then the next-highest, and so on, so a large sale can end at progressively lower prices. The order book has no size limits, but Polymarket warns there is no guarantee you can trade a given number of shares without moving the price significantly, or at all if nobody is willing to buy. Look at the bids and the number of shares waiting at each price in the order book before you sell.
Fees on sells: only takers pay; makers pay nothing. The fee is shares × fee rate × price × (1 − price), worked out at each fill's price when the order matches, rounded to 5 decimal places and charged in cash (pUSD) rather than in shares, so you simply receive a little less. As of September 2026 the taker rate is 0.07 for crypto markets, 0.05 for sports, economics, culture, weather and other markets, 0.04 for finance, politics, mentions and tech, and 0 for geopolitics. The fee is largest at 50¢ and shrinks toward 0¢ and $1. Rates change: see Polymarket fees explained and the fee calculator.
If there aren't enough bids, what happens depends on the order type. In Polymarket's order system a market order either fills what it can and cancels the rest, or must fill in full or not at all, and the docs don't say which one the website uses. Check your portfolio afterwards to see how many shares were actually sold.
Partial fills and cancelling: a limit sell can fill in parts as different buyers take it. Shares already sold stay sold; only the unfilled part can be cancelled. Open orders appear just below the order book on the market page and on the open orders tab of your portfolio, where the red x cancels one. Polymarket's docs describe no way to edit an order, so to change the price you cancel it and place a new one.
Orders Polymarket cancels for you: in sports markets all resting orders are cancelled when the game starts, and start times can shift. When a market's rules are clarified, the order book is cleared and every resting order is cancelled. After either, you have to place your sell again.
If you sell: for every share that matches you receive the fill price in pUSD in your Polymarket balance, minus the taker fee if the order matched immediately, or with no fee if it rested as a maker order. Nothing is paid for shares that don't sell; they stay in your position.
If you hold: nothing is paid until the market resolves. Then each share of the correct outcome can be redeemed for 1 pUSD, a 50-50 result pays $0.50 for every Yes and every No share, and losing shares pay $0. Redeemed pUSD stays in your Polymarket balance until you withdraw it. The US app works differently: settled contracts are paid to your cash balance automatically.
Every market is settled under its written rules, shown under the order book on the market page; Polymarket says the title describes the market but the rules decide it. polymarket.com uses the UMA Optimistic Oracle, a system in which a result is proposed and stands unless someone challenges it in time.
Proposal and bond: a proposer picks the winning outcome and posts a bond, typically $750 in pUSD, which is lost if the proposal is wrong or made too early; a correct proposal that isn't disputed gets the bond back plus a reward. Polymarket's docs say anyone can propose, but UMA says that since September 2025 only whitelisted addresses can propose on Polymarket markets, while anyone can still dispute.
Challenge window: a proposed result faces a 2-hour challenge period. If nobody disputes it, it stands, so an undisputed market resolves about 2 hours after the proposal. Polymarket's sources don't say how soon after an event a result is usually proposed.
Disputes: during those 2 hours anyone can dispute through UMA's own app by posting a bond of the same amount, usually $750; the dispute link is in the rules section of the market page. Polymarket's docs say a first dispute leads to a second proposal and only a second dispute goes to a vote of UMA token holders, while its help center describes a dispute going straight to discussion and a vote.
The vote and how long it takes: there are at least 24 hours for discussion, which happens in UMA's Discord, and the vote itself takes about 48 hours: a 24-hour commit phase, then a 24-hour reveal phase. Polymarket's docs put a disputed resolution at about 4–6 days in total. Under UMA's rules a vote rolls over to the next round if too few tokens vote or agree, so a heavily contested market can take longer.
Final means final: Polymarket says it is non-custodial and can't alter or reverse a result once UMA has finalized it. After resolution, winning shares pay $1, losing shares pay $0 and trading stops. After a disputed 2025 market on a Ukraine minerals deal resolved Yes although no deal had been signed, Polymarket said it was not a market failure and issued no refunds.
Clarifications: Polymarket can add clarifications or extra context to a market's rules, but these can't change the question's basic intent. When a market is clarified, the order book is cleared and resting orders are cancelled, at the time of the clarification or, if it is announced in advance, at the time of the announcement.
A market can resolve 50-50, in which case every Yes and every No share redeems for $0.50. Polymarket's help center calls this rarely used as a vote result, but a market's own rules can call for it: in one sports market we checked, a match that is cancelled, abandoned or completed without a winner resolves 50-50, while a postponed match keeps the market open until it is played.
We found no Polymarket page describing a refund of what you paid when an event is cancelled; the result follows each market's rules, so read them before trading. In multi-outcome markets, if the correct answer isn't one of the named outcomes the market resolves to "Other", and Polymarket's docs advise trading only named outcomes.
Redeeming swaps winning shares for pUSD after the market resolves: 100 winning shares return 100 pUSD. There is no deadline; winning shares stay redeemable at any time after resolution. Polymarket's help center calls this claiming, and the button in your portfolio may be labeled claim or redeem.
Manual or automatic? Polymarket's developer docs describe redeeming as a step the holder takes, and we found no official Polymarket page describing an automatic option. Some third-party guides describe an auto-redeem setting in the account's trading settings, which we couldn't confirm. If winnings don't appear in your balance after resolution, look for the claim button on the position in your portfolio.
Costs and where the money goes: Polymarket's docs list no fee for redeeming, and redemptions can run gasless through Polymarket's relayer, which accounts created since May 4, 2026 use for their transactions. Redeemed pUSD lands in your Polymarket balance, not in an outside wallet, and stays there until you withdraw it.
Losing shares: shares of the wrong outcome are worth $0.00 once the market resolves, and redeeming them returns nothing. The loss is the whole amount you paid for them, fees included.
If a claim fails: Polymarket's help center suggests setting your device clock to automatic for your actual location; turning off VPNs, proxies and privacy extensions and using the site from a supported region; waiting 5–10 minutes and trying again; logging out and back in; and trying another device or network. If it still fails, contact support through the chat on polymarket.com and include a screenshot.
Sale proceeds and redeemed winnings sit in your Polymarket balance as pUSD until you withdraw them. Go to your portfolio, choose Withdraw, enter the receiving address and pick the token, amount and network; Polymarket charges no withdrawal fee, though conversion or routing costs can apply. Winning shares you haven't redeemed aren't pUSD yet, so redeem them first. Full guide: how to deposit and withdraw on Polymarket.
Polymarket notes that some exchanges no longer accept pUSD. As general practice, if you withdraw to one, pick a token and network it lists, such as USDC, and send a small test first. Withdrawals are converted through a liquidity pool that can occasionally run short; if a withdrawal fails, Polymarket suggests splitting it into smaller amounts or waiting. Polymarket warns that transfers sent to the wrong chain or address can't be reversed.
The Polymarket US app, the separate CFTC-regulated product for US residents, works differently. You can close a position at any time without waiting for resolution, and sale proceeds are added to your cash balance immediately. Each outcome has a single contract: you exit a Yes position by selling Yes, and exit a No (short) position by buying Yes. Every order is a marketable limit order that never fills at a worse price than the one you set, with any unfilled part left on the book, and trades are in whole contracts only.
Fees: since September 17, 2026, takers pay 0.0695 × contracts × price × (1 − price) on buys and sells alike, rounded to the nearest cent per fill, and makers receive a rebate of 0.0125 × contracts × price × (1 − price); combos (from September 24, 2026) and table tennis (from September 30, 2026) get their own rates. Selling 100 contracts at 70¢ as a taker: 100 × $0.70 = $70.00, fee 0.0695 × 100 × 0.70 × 0.30 = $1.4595, rounded to $1.46, so $68.54 goes to your cash balance. As a resting maker order the rebate is 0.0125 × 100 × 0.70 × 0.30 = $0.2625, rounded to $0.26, so you receive $70.26.
Settlement: there is no UMA oracle and no claim step. The exchange settles each market from publicly verifiable sources named in its rules: winning contracts settle at $1.00, losing ones at $0.00, and the money returns to your cash balance automatically. Sports markets usually settle soon after the official result is posted, while political or complex events can wait for certification; the docs give no exact time for the payout to appear. All settlements are final under the Polymarket US Exchange Rulebook.
Cancelled games and withdrawing: instead of resolving 50-50, a cancelled game, a no-contest or a postponed game not replayed before the contract expires settles at the last fair market price, the exchange's prevailing fair price at a set moment, which can be any value. A winner market with no winner settles at $0.50, and co-winners split $1.00. Only your cash balance can be withdrawn, back to the payment method you deposited with: 3–4 business days for debit card and bank transfer, 1 business day for wire.
These examples use a politics market with the September 2026 taker fee rate of 0.04 and invented order-book prices. Fees are computed per fill with the official formula; check current rates in Polymarket fees explained or run your own numbers in the fee calculator.
Open the position from your portfolio or the market page, switch the order panel to sell, choose a market order to sell straight away at the best bids or a limit order to set your own price, enter how many shares to sell (all or part), and confirm. You can sell at any time before the market resolves. For the opposite direction see how to buy on Polymarket, and for every step from sign-up to withdrawal our Polymarket tutorial.
The price on the market page is the midpoint between the best bid and ask, or the last trade if they are more than 10¢ apart, but a market sell fills at the bids: the best bid first, then lower ones if your order is larger than what is waiting there. In most categories a taker fee then comes off the proceeds.
In most categories, yes, if your sell matches immediately: the fee is shares × fee rate × price × (1 − price), with rates from 0 for geopolitics to 0.07 for crypto as of September 2026. Selling 100 shares at 62¢ in a market with the 0.04 rate costs 100 × 0.04 × 0.62 × 0.38 = $0.9424. A limit sell that waits on the book and is filled later pays nothing. Check with the fee calculator.
About 2 hours after a result is proposed, if nobody disputes it. A disputed market usually takes 4–6 days, and longer if UMA's vote rolls over to another round. Polymarket doesn't publish how soon after an event a result is normally proposed. On the US app the exchange settles markets itself: sports usually soon after the official result, other events sometimes only after certification.
After the market resolves, find the winning position in your portfolio and claim (redeem) it: each winning share returns 1 pUSD to your Polymarket balance, which you can then withdraw. Polymarket's docs describe this as a step you take, and we couldn't confirm an automatic option from an official page. On the US app, payouts go to your cash balance automatically, with no claim step.
No. Polymarket's docs say winning shares stay redeemable at any time after resolution. Until you redeem them, though, they aren't pUSD, so you can't withdraw that value.
They are worth $0 once the market resolves, and redeeming them returns nothing, so you lose everything you paid, fees included. Before resolution you can still sell them at whatever bid is available; after resolution trading stops.
Every Yes and every No share redeems for $0.50. It happens when a market's rules call for it, for example a match that is cancelled or ends without a winner in a sports market we checked, or, rarely, after a UMA vote. The US app instead settles cancelled games at the last fair market price.
No. Polymarket says it is non-custodial and can't alter or reverse a result once UMA has finalized it. The only route is a dispute during the 2-hour challenge window, which needs a bond of usually $750 that the disputer loses if the vote goes the other way.
Sell or redeem first, then withdraw. On polymarket.com, go to your portfolio, choose Withdraw and send pUSD or another supported token to an address you control, with no Polymarket fee. On the US app, withdraw your cash balance to the payment method you deposited with. Details are in deposits and withdrawals; for our assessment of the platform, see our Polymarket review.
Every fact on this page comes from the sources below, checked on September 24, 2026. Polymarket's fees, order rules and resolution process change often; we re-verify this page quarterly.
polymarket.com help center: Can I Sell Early?, How Are Prices Calculated?, Does Polymarket Have Trading Limits?, Limit Orders, Trading Fees, Exchange Upgrade April 28, 2026, How Are Prediction Markets Resolved?, How Are Markets Disputed?, How Are Markets Clarified?, How to Resolve "Claim Failed", How to Resolve "Network Error", How to Withdraw, How to Deposit, Geographic Restrictions, How to Sign-Up, How Do I Export My Key? and How Do I Contact Support?
Polymarket developer docs: order book, prices, order lifecycle, placing orders, fees, how positions work, split, merge and redeem, positions and tokens, redeeming, resolution, multi-outcome markets, markets and events, error codes, matching engine, withdrawals and wallets; Terms of Use (effective August 11, 2026); the rules of a cricket market on polymarket.com (checked September 24, 2026).
Polymarket US docs: selling early, orders, order types, whole contracts, fee schedule, contract settlement, market resolution, sports FAQs, cash balance, withdrawals and withdrawal rules.
UMA: managed proposers update (November 8, 2025), voting walkthrough and DVM 2.0. Reporting: CoinDesk on the Ukraine minerals market (March 27, 2025).
PolyKal is an independent research tool, not affiliated with Polymarket or Kalshi. This page explains how selling and resolution work on Polymarket; it is not financial, legal or tax advice, and not an invitation to open an account or trade.
You can leave a Polymarket position in two ways: sell your shares before the market resolves, at the best bids with a market order or at your own price with a limit order, or hold them to resolution, when each winning share can be redeemed for 1 pUSD ($1) and each losing share is worth $0. A sale that matches immediately pays a taker fee in most market categories while a resting limit order pays none, and a result that nobody disputes stands about 2 hours after it is proposed, while a disputed one usually takes 4–6 days.
US residents can't deposit or trade on polymarket.com; they use the separate Polymarket US app. Polymarket also blocks or limits trading in many other countries, and governments add blocks of their own. Check where Polymarket and Kalshi are available before you move any money.
Polymarket's Terms of Use prohibit using a VPN or similar tool to get around these restrictions, and doing so can also break local law. PolyKal doesn't help anyone get around them.
The price shown on a market is not what a market sell pays. It is the midpoint between the best bid and the best ask, or the last traded price if the two are more than 10¢ apart. In Polymarket's own example, a 37% price is the midpoint of a 34¢ bid and a 40¢ ask: a market sell there gets 34¢ a share, not 37¢.
A market sell fills against the highest bid first, then the next-highest, and so on, so a large sale can end at progressively lower prices. The order book has no size limits, but Polymarket warns there is no guarantee you can trade a given number of shares without moving the price significantly, or at all if nobody is willing to buy. Look at the bids and the number of shares waiting at each price in the order book before you sell.
Fees on sells: only takers pay; makers pay nothing. The fee is shares × fee rate × price × (1 − price), worked out at each fill's price when the order matches, rounded to 5 decimal places and charged in cash (pUSD) rather than in shares, so you simply receive a little less. As of September 2026 the taker rate is 0.07 for crypto markets, 0.05 for sports, economics, culture, weather and other markets, 0.04 for finance, politics, mentions and tech, and 0 for geopolitics. The fee is largest at 50¢ and shrinks toward 0¢ and $1. Rates change: see Polymarket fees explained and the fee calculator.
If there aren't enough bids, what happens depends on the order type. In Polymarket's order system a market order either fills what it can and cancels the rest, or must fill in full or not at all, and the docs don't say which one the website uses. Check your portfolio afterwards to see how many shares were actually sold.
Partial fills and cancelling: a limit sell can fill in parts as different buyers take it. Shares already sold stay sold; only the unfilled part can be cancelled. Open orders appear just below the order book on the market page and on the open orders tab of your portfolio, where the red x cancels one. Polymarket's docs describe no way to edit an order, so to change the price you cancel it and place a new one.
Orders Polymarket cancels for you: in sports markets all resting orders are cancelled when the game starts, and start times can shift. When a market's rules are clarified, the order book is cleared and every resting order is cancelled. After either, you have to place your sell again.
If you sell: for every share that matches you receive the fill price in pUSD in your Polymarket balance, minus the taker fee if the order matched immediately, or with no fee if it rested as a maker order. Nothing is paid for shares that don't sell; they stay in your position.
If you hold: nothing is paid until the market resolves. Then each share of the correct outcome can be redeemed for 1 pUSD, a 50-50 result pays $0.50 for every Yes and every No share, and losing shares pay $0. Redeemed pUSD stays in your Polymarket balance until you withdraw it. The US app works differently: settled contracts are paid to your cash balance automatically.
Every market is settled under its written rules, shown under the order book on the market page; Polymarket says the title describes the market but the rules decide it. polymarket.com uses the UMA Optimistic Oracle, a system in which a result is proposed and stands unless someone challenges it in time.
Proposal and bond: a proposer picks the winning outcome and posts a bond, typically $750 in pUSD, which is lost if the proposal is wrong or made too early; a correct proposal that isn't disputed gets the bond back plus a reward. Polymarket's docs say anyone can propose, but UMA says that since September 2025 only whitelisted addresses can propose on Polymarket markets, while anyone can still dispute.
Challenge window: a proposed result faces a 2-hour challenge period. If nobody disputes it, it stands, so an undisputed market resolves about 2 hours after the proposal. Polymarket's sources don't say how soon after an event a result is usually proposed.
Disputes: during those 2 hours anyone can dispute through UMA's own app by posting a bond of the same amount, usually $750; the dispute link is in the rules section of the market page. Polymarket's docs say a first dispute leads to a second proposal and only a second dispute goes to a vote of UMA token holders, while its help center describes a dispute going straight to discussion and a vote.
The vote and how long it takes: there are at least 24 hours for discussion, which happens in UMA's Discord, and the vote itself takes about 48 hours: a 24-hour commit phase, then a 24-hour reveal phase. Polymarket's docs put a disputed resolution at about 4–6 days in total. Under UMA's rules a vote rolls over to the next round if too few tokens vote or agree, so a heavily contested market can take longer.
Final means final: Polymarket says it is non-custodial and can't alter or reverse a result once UMA has finalized it. After resolution, winning shares pay $1, losing shares pay $0 and trading stops. After a disputed 2025 market on a Ukraine minerals deal resolved Yes although no deal had been signed, Polymarket said it was not a market failure and issued no refunds.
Clarifications: Polymarket can add clarifications or extra context to a market's rules, but these can't change the question's basic intent. When a market is clarified, the order book is cleared and resting orders are cancelled, at the time of the clarification or, if it is announced in advance, at the time of the announcement.
A market can resolve 50-50, in which case every Yes and every No share redeems for $0.50. Polymarket's help center calls this rarely used as a vote result, but a market's own rules can call for it: in one sports market we checked, a match that is cancelled, abandoned or completed without a winner resolves 50-50, while a postponed match keeps the market open until it is played.
We found no Polymarket page describing a refund of what you paid when an event is cancelled; the result follows each market's rules, so read them before trading. In multi-outcome markets, if the correct answer isn't one of the named outcomes the market resolves to "Other", and Polymarket's docs advise trading only named outcomes.
Redeeming swaps winning shares for pUSD after the market resolves: 100 winning shares return 100 pUSD. There is no deadline; winning shares stay redeemable at any time after resolution. Polymarket's help center calls this claiming, and the button in your portfolio may be labeled claim or redeem.
Manual or automatic? Polymarket's developer docs describe redeeming as a step the holder takes, and we found no official Polymarket page describing an automatic option. Some third-party guides describe an auto-redeem setting in the account's trading settings, which we couldn't confirm. If winnings don't appear in your balance after resolution, look for the claim button on the position in your portfolio.
Costs and where the money goes: Polymarket's docs list no fee for redeeming, and redemptions can run gasless through Polymarket's relayer, which accounts created since May 4, 2026 use for their transactions. Redeemed pUSD lands in your Polymarket balance, not in an outside wallet, and stays there until you withdraw it.
Losing shares: shares of the wrong outcome are worth $0.00 once the market resolves, and redeeming them returns nothing. The loss is the whole amount you paid for them, fees included.
If a claim fails: Polymarket's help center suggests setting your device clock to automatic for your actual location; turning off VPNs, proxies and privacy extensions and using the site from a supported region; waiting 5–10 minutes and trying again; logging out and back in; and trying another device or network. If it still fails, contact support through the chat on polymarket.com and include a screenshot.
Sale proceeds and redeemed winnings sit in your Polymarket balance as pUSD until you withdraw them. Go to your portfolio, choose Withdraw, enter the receiving address and pick the token, amount and network; Polymarket charges no withdrawal fee, though conversion or routing costs can apply. Winning shares you haven't redeemed aren't pUSD yet, so redeem them first. Full guide: how to deposit and withdraw on Polymarket.
Polymarket notes that some exchanges no longer accept pUSD. As general practice, if you withdraw to one, pick a token and network it lists, such as USDC, and send a small test first. Withdrawals are converted through a liquidity pool that can occasionally run short; if a withdrawal fails, Polymarket suggests splitting it into smaller amounts or waiting. Polymarket warns that transfers sent to the wrong chain or address can't be reversed.
The Polymarket US app, the separate CFTC-regulated product for US residents, works differently. You can close a position at any time without waiting for resolution, and sale proceeds are added to your cash balance immediately. Each outcome has a single contract: you exit a Yes position by selling Yes, and exit a No (short) position by buying Yes. Every order is a marketable limit order that never fills at a worse price than the one you set, with any unfilled part left on the book, and trades are in whole contracts only.
Fees: since September 17, 2026, takers pay 0.0695 × contracts × price × (1 − price) on buys and sells alike, rounded to the nearest cent per fill, and makers receive a rebate of 0.0125 × contracts × price × (1 − price); combos (from September 24, 2026) and table tennis (from September 30, 2026) get their own rates. Selling 100 contracts at 70¢ as a taker: 100 × $0.70 = $70.00, fee 0.0695 × 100 × 0.70 × 0.30 = $1.4595, rounded to $1.46, so $68.54 goes to your cash balance. As a resting maker order the rebate is 0.0125 × 100 × 0.70 × 0.30 = $0.2625, rounded to $0.26, so you receive $70.26.
Settlement: there is no UMA oracle and no claim step. The exchange settles each market from publicly verifiable sources named in its rules: winning contracts settle at $1.00, losing ones at $0.00, and the money returns to your cash balance automatically. Sports markets usually settle soon after the official result is posted, while political or complex events can wait for certification; the docs give no exact time for the payout to appear. All settlements are final under the Polymarket US Exchange Rulebook.
Cancelled games and withdrawing: instead of resolving 50-50, a cancelled game, a no-contest or a postponed game not replayed before the contract expires settles at the last fair market price, the exchange's prevailing fair price at a set moment, which can be any value. A winner market with no winner settles at $0.50, and co-winners split $1.00. Only your cash balance can be withdrawn, back to the payment method you deposited with: 3–4 business days for debit card and bank transfer, 1 business day for wire.
These examples use a politics market with the September 2026 taker fee rate of 0.04 and invented order-book prices. Fees are computed per fill with the official formula; check current rates in Polymarket fees explained or run your own numbers in the fee calculator.
Open the position from your portfolio or the market page, switch the order panel to sell, choose a market order to sell straight away at the best bids or a limit order to set your own price, enter how many shares to sell (all or part), and confirm. You can sell at any time before the market resolves. For the opposite direction see how to buy on Polymarket, and for every step from sign-up to withdrawal our Polymarket tutorial.
The price on the market page is the midpoint between the best bid and ask, or the last trade if they are more than 10¢ apart, but a market sell fills at the bids: the best bid first, then lower ones if your order is larger than what is waiting there. In most categories a taker fee then comes off the proceeds.
In most categories, yes, if your sell matches immediately: the fee is shares × fee rate × price × (1 − price), with rates from 0 for geopolitics to 0.07 for crypto as of September 2026. Selling 100 shares at 62¢ in a market with the 0.04 rate costs 100 × 0.04 × 0.62 × 0.38 = $0.9424. A limit sell that waits on the book and is filled later pays nothing. Check with the fee calculator.
About 2 hours after a result is proposed, if nobody disputes it. A disputed market usually takes 4–6 days, and longer if UMA's vote rolls over to another round. Polymarket doesn't publish how soon after an event a result is normally proposed. On the US app the exchange settles markets itself: sports usually soon after the official result, other events sometimes only after certification.
After the market resolves, find the winning position in your portfolio and claim (redeem) it: each winning share returns 1 pUSD to your Polymarket balance, which you can then withdraw. Polymarket's docs describe this as a step you take, and we couldn't confirm an automatic option from an official page. On the US app, payouts go to your cash balance automatically, with no claim step.
No. Polymarket's docs say winning shares stay redeemable at any time after resolution. Until you redeem them, though, they aren't pUSD, so you can't withdraw that value.
They are worth $0 once the market resolves, and redeeming them returns nothing, so you lose everything you paid, fees included. Before resolution you can still sell them at whatever bid is available; after resolution trading stops.
Every Yes and every No share redeems for $0.50. It happens when a market's rules call for it, for example a match that is cancelled or ends without a winner in a sports market we checked, or, rarely, after a UMA vote. The US app instead settles cancelled games at the last fair market price.
No. Polymarket says it is non-custodial and can't alter or reverse a result once UMA has finalized it. The only route is a dispute during the 2-hour challenge window, which needs a bond of usually $750 that the disputer loses if the vote goes the other way.
Sell or redeem first, then withdraw. On polymarket.com, go to your portfolio, choose Withdraw and send pUSD or another supported token to an address you control, with no Polymarket fee. On the US app, withdraw your cash balance to the payment method you deposited with. Details are in deposits and withdrawals; for our assessment of the platform, see our Polymarket review.
Every fact on this page comes from the sources below, checked on September 24, 2026. Polymarket's fees, order rules and resolution process change often; we re-verify this page quarterly.
polymarket.com help center: Can I Sell Early?, How Are Prices Calculated?, Does Polymarket Have Trading Limits?, Limit Orders, Trading Fees, Exchange Upgrade April 28, 2026, How Are Prediction Markets Resolved?, How Are Markets Disputed?, How Are Markets Clarified?, How to Resolve "Claim Failed", How to Resolve "Network Error", How to Withdraw, How to Deposit, Geographic Restrictions, How to Sign-Up, How Do I Export My Key? and How Do I Contact Support?
Polymarket developer docs: order book, prices, order lifecycle, placing orders, fees, how positions work, split, merge and redeem, positions and tokens, redeeming, resolution, multi-outcome markets, markets and events, error codes, matching engine, withdrawals and wallets; Terms of Use (effective August 11, 2026); the rules of a cricket market on polymarket.com (checked September 24, 2026).
Polymarket US docs: selling early, orders, order types, whole contracts, fee schedule, contract settlement, market resolution, sports FAQs, cash balance, withdrawals and withdrawal rules.
UMA: managed proposers update (November 8, 2025), voting walkthrough and DVM 2.0. Reporting: CoinDesk on the Ukraine minerals market (March 27, 2025).
PolyKal is an independent research tool, not affiliated with Polymarket or Kalshi. This page explains how selling and resolution work on Polymarket; it is not financial, legal or tax advice, and not an invitation to open an account or trade.