Polymarket is laying the groundwork for its long-anticipated token and airdrop, officially filing trademarks for the names “POLY” and “$POLY”.
Quick Summary – TLDR:
- Polymarket’s parent firm filed “POLY” and “$POLY” trademarks with the USPTO on February 4.
- Trademarks cover crypto trading software, token services, and platform use.
- Filing follows earlier confirmation of a planned POLY token and airdrop.
- No confirmed launch date yet, but a major airdrop strategy may mirror Hyperliquid.
What Happened?
Blockratize Inc., the parent company of Polymarket, officially filed for trademarks on “POLY” and “$POLY” with the United States Patent and Trademark Office on February 4, 2026. The filings are listed as “live” and “pending”, confirming that Polymarket is moving ahead with plans for a native token launch and airdrop.
This legal move closely follows public comments by company executives that such a launch was in the pipeline.
The Launch token soon?
— Solcatcher (@0xkSolcatcher) February 6, 2026
The creators of Polymarket have filed a trademark application for $POLY in the US. This could hint at the launch of their own token. We await further news and details. pic.twitter.com/3s5IevqNzo
Trademark Filing Signals Progress on Token Plans
Polymarket’s trademark filings are a clear legal step that adds weight to its long-discussed token rollout. The applications, though still pending review by a USPTO attorney, span a wide range of services tied to crypto and finance, including:
- Downloadable software for crypto and financial market trading.
- Digital token-related services.
- Platform-as-a-service tools for trading and clearing operations.
All filings were submitted on an “intent to use” basis, meaning the names have not yet been used in the market but are being secured for future commercial activity.
Airdrop Speculation Builds Around ‘POLY’
The trademark news aligns with earlier statements by Polymarket’s leadership. Back in October 2025, CMO Matthew Modabber confirmed that the company planned to issue a native POLY token alongside an airdrop. He stated that while the token is coming, relaunching Polymarket’s U.S. app was the team’s top priority.
What’s more, Modabber pointed to Hyperliquid’s airdrop as a model Polymarket might follow. Hyperliquid distributed $1.6 billion worth of tokens to its most active protocol users, with some individuals reportedly receiving millions in value. That comment has fueled user expectations that high-usage Polymarket traders may also benefit from a major airdrop if a similar strategy is used.
Market Activity and Strategic Growth
Beyond its token ambitions, Polymarket has been on a growth trajectory:
- In the past month alone, the platform reported a trading volume of $7.7 billion, placing it among the top global prediction markets.
- In October, it received a $2 billion investment from Intercontinental Exchange, the parent of the New York Stock Exchange.
- It has also entered partnerships and licensing deals with major brands like Google Finance, Yahoo Finance, DraftKings, and the NHL.
These moves suggest the company is aggressively expanding its reach in both financial and mainstream sectors.
SQ Magazine Takeaway
I think Polymarket’s latest trademark filings are more than just a formality. This is a clear signal that the POLY token launch is no longer theoretical. While there’s still no official date, the timing, legal groundwork, and previous executive statements all point to a serious effort underway. If they follow Hyperliquid’s playbook, early adopters and heavy users might be in for a big reward. If you’re active on Polymarket, now’s a good time to stay plugged in.
