Polymarket Rebuilds Its Core With Protocol V2 And pUSD Collateral

Polymarket Rebuilds Its Core With Protocol V2 And pUSD Collateral

Summary

Polymarket has begun live testing Protocol V2, a major rebuild of its prediction-market smart contracts. The new architecture unifies market operations and position handling around shared systems and standardizes collateral on pUSD. Canary markets are scheduled to test the contracts through October 30, with a tentative November 2 transition for new markets. Existing markets and positions will remain on their original infrastructure and settle there, avoiding a forced migration while they are open. The upgrade is intended to make the platform easier to scale and support more market types.