Almanac runs a prediction-market trading terminal at beta.almanac.market; orders route through each user's Polymarket proxy wallet (README), and Almanac charges a 1% fee. Almanac publishes daily volume, trades, traders and a fee figure through its own API, and a buyback ledger on almnc.ai/revenue. This page charts every day the API reports.
Volume is the gross value of trades placed through the terminal; Almanac's revenue is the 1% fee on it. Volume is pass-through: the stake goes to the Polymarket market, not to Almanac. The fee is the only part Almanac keeps, and the team says it spends it on buying and burning SN41 alpha.
"Implied fee" is a derived estimate, not a measurement: 1% × reported volume, assuming a flat 1% on all volume with no tiers or discounts. Three Almanac sources word the fee base differently: "1% fee on volume" (@almanac_market, 30 Sep 2025), "collected from every buy trade and used towards the daily reward pool" (GitHub README), and "1% fee on winning trades" used to buy back SN41 alpha (almnc.ai/revenue). No fee tiers or rate changes were found in any of them. If the fee applied only to buys or only to winning positions, true fees would be below the implied line.
"Reported fees" and "buybacks" are the two measured anchors. Reported fees is the fees field of
api.almanac.market/api/v1/stats; Almanac does not document how it is computed, and it has run
of volume each month. Buybacks are the USD the team records spending on SN41 alpha at
almnc.ai/revenue, from wallets
5Gbrdj…kb1E and
5EyNX6…geQs2; those amounts were not re-checked against the chain for this page.
Annualized run-rate of volume traded through the terminal: each day's volume multiplied by 365. A rate, not a forecast, and not Almanac's revenue.
Source: volume series, api.almanac.market/api/v1/stats, .
Implied fee is 1% of each day's volume, annualized; the dashed line is the fee figure Almanac's API reports for the same days, annualized the same way.
Source: volume and fees series, api.almanac.market/api/v1/stats, . Implied fee = 1% × volume (assumption above).
Each month's total, annualized: the month's dollars ÷ days covered × 365. September buybacks cover 1– Sep only, the date the ledger was last compiled.
Sources: api.almanac.market/api/v1/stats (); buybacks from almnc.ai/revenue, compiled .
| Month or clip | Buyback USD | TAO spent | Alpha bought | Alpha burned | Reported fees, same period |
|---|
Distinct traders placing at least one trade through the terminal on the day, as reported by the API.
Source: traders series, api.almanac.market/api/v1/stats, .
Number of trades placed through the terminal each day.
Source: trades series, api.almanac.market/api/v1/stats, .
categoryVolume, api.almanac.market/api/v1/stats, | Category | Volume | Share |
|---|
| Week of | Volume | Annualized volume | Implied fee, 1% (est.) | Annualized implied fee (est.) | Reported fees | Trades | Traders a day, avg / max |
|---|