Herein for the first time addition homopolymerization of dicyclopentadiene (DCPD) and its copolymerization with 5‐n‐hexylnorbornene in the presence of different Pd‐N‐heterocyclic carbene complexes activated by a borate (Na+[B(3,5‐(CF3)2C6H5)4]− (NaBARF)) or methylaluminoxane (MAO) are investigated. It is found that systems based on Pd‐N‐heterocyclic carbene complex in combination with NaBARF or MAO are effective catalysts and a Pd‐N‐heterocyclic carbene complex/NaBARF system allows for the addition polymerization of these monomers in air. The influence of the N‐heterocyclic carbene structure, the nature of cocatalyst, and solvent on the catalyst activity of a system based on Pd‐N‐heterocyclic carbene complex are determined. The properties of the obtained addition polydicyclopentadiene (poly(DCPD)) such as thermal stability, solid‐state structure, and porosity are studied. The synthesized poly(DCPD) possesses Brunauer, Emmett, and Teller surface area as high as 155 m2 g−1 and so addition polymerization of DCPD can be considered as a single‐step and convenient way to synthesize of porous polymers from a norbornene derivative.