what's Polymarket?
Polymarket is a decentralized prediction market platform built on the Polygon blockchain. Users trade shares representing the probability of real-world event outcomes across categories like politics, sports, crypto prices, culture, and current events. Shares are binary Yes/No tokens fully collateralized by $1 of stablecoin (previously USDC.e, now transitioning to PUSD), enabling peer-to-peer speculation without intermediaries. The platform features a central limit order book (CLOB) for trading, oracle-based resolution for accurate payouts, and tools like APIs and SDKs for developers. Markets are transparent, censorship-resistant, and globally accessible, with high-volume trading on major events.
Polymarket unveils CTF Exchange V2 and PUSD stablecoin, both launching in 2-3 weeks.
Links
x.com/polymarketUnveiled CTF Exchange V2 with hybrid off-chain matching and on-chain settlement, scheduled to roll out in 2-3 weeks.
Discontinued USDC support, introducing PUSD (Polymarket USD) as a native stablecoin to replace bridged USDC.e, rolling out in 2-3 weeks.