- Polymarket preparing largest upgrade since launch
- New trading engine improves speed and lowers costs
- Native stablecoin to replace bridged USDC.e
- Upgrade aims to support growing competition and volume
Full Platform Overhaul
Polymarket is preparing a major upgrade to its infrastructure, including a rebuilt trading engine and updated smart contracts. The new version, called CTF Exchange V2, is designed to make trading faster and more efficient.
The updated system reduces the number of operations needed to match and validate trades, lowering gas costs and improving performance.
Improved Order Book and UX
The platform is also introducing a new central limit order book that blends off-chain efficiency with on-chain settlement. This hybrid approach is meant to deliver faster execution while maintaining transparency.
Developers and advanced users will need to update integrations, while most retail users will experience a smooth transition after a short maintenance window.
Native Stablecoin Introduction
A key change is the launch of Polymarket USD, a new stablecoin backed 1:1 by USDC. This replaces USDC.e, a bridged version that raised concerns among users.
The new token simplifies collateral management and reduces reliance on cross-chain assets.
Positioning for Growth
The upgrade comes as competition in prediction markets intensifies, with platforms like Kalshi, Coinbase, and Crypto.com entering the space.
Polymarket is positioning itself to scale further by improving infrastructure, reducing friction, and strengthening its core trading system.
