The Polymarket referral code COVERS unlocks a $25 Trading Bonus for new users ahead of the 2026 U.S. midterm elections. A code is required to claim this offer, and traders can use it heading into Tuesday's vote that will decide control of Congress.
As of Nov. 2, this offer remains active on one of the best prediction market apps available to traders today.
Polymarket referral code details
| Polymarket New Customer Offer | Deposit $10, Get $25 Bonus |
| Polymarket Referral Code | COVERS |
| Minimum Deposit | $10 |
| Qualifying Transaction | N/A |
| Eligibility | New Customers, 18+. All states except Nevada |
| T&Cs |
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See https://polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization. |
| Date Verified | November 2 |
| Info Confirmed By | Joshua Howe |
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How to Use the Polymarket Referral Code for Midterm Election Markets
New users can activate the Polymarket promo code to receive a $25 trading bonus once they complete registration and fund their account. A code is required for this offer, and it must be entered before any deposit is made to the platform. The bonus is tied to Election Day contracts covering which party will control the House and Senate once Tuesday's results are finalized.
Here's what traders should know before getting started:
- Available in every state except Nevada
- Requires a minimum deposit of $10
- ID verification is required during sign-up
- Code COVERS must be entered at registration, not after
- Bonus funds carry a 1x playthrough requirement before withdrawal
Consider a trader who places $10 on a contract tied to Senate control following Tuesday's results. If that outcome resolves correctly once all races, including contests in Texas, Maine, Michigan and Alaska, are finalized, the trader collects the full payout along with the unlocked bonus funds. If the trade resolves incorrectly, the initial stake is lost, though the $25 bonus remains available to apply toward another eligible market.
Existing users looking to bring in new traders can also share a Polymarket referral code to earn additional rewards once referred users start trading.
Those comparing options across platforms can review how this offer stacks up against other best prediction market promos before committing funds.
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What Is the Polymarket Referral Code?
The Polymarket referral code is COVERS. Enter it at signup, deposit at least $10, and complete an eligible real-money trade to unlock a $25 trading bonus.
Use the correct code for your state
| Code | Eligible States |
| COVERS | All states except Nevada |
Steps to Claim the Polymarket Welcome Offer
Follow these steps to sign up and start trading on midterm election markets before results begin rolling in Tuesday.
- Click a verified link on this page and select "Sign Up" to begin registration.
- Enter the Polymarket referral code COVERS during account creation.
- Provide the required identification, including a photo ID and selfie, to verify your account.
- Deposit at least $10 using a debit card, bank transfer, Apple Pay or crypto.
- Place a trade on an eligible market to unlock the $25 trading bonus.
For more details on the platform, check out this Polymarket review before placing a first trade.
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