Polymarket plans to upgrade its trading system and launch its native stablecoin, Polymarket USD

MeNews · 2026-04-07T03:40:17+00:00

Polymarket prediction market platform will undergo a major upgrade soon, launching Polymarket CTF Exchange V2, optimizing the trading engine and order book structure, reducing Gas costs, and introducing the native stablecoin Polymarket USD, which is backed 1:1 with USDC. The upgrade will also support smart contract wallet trading.

MeNews

2026-04-07 03:40:17

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ME News message, April 7 (UTC+8): The prediction market platform Polymarket is expected to carry out a major upgrade to its trading system within the next few weeks, including a refactor of the trading engine, the launch of a new order book structure, and the introduction of the native stablecoin Polymarket USD. The core of this upgrade is the release of Polymarket CTF Exchange V2, which will optimize matching efficiency, reduce the operations required for order validation and matching, and lower Gas costs. At the same time, the new order data structure will streamline the number of fields, improving overall execution efficiency. V2 will also introduce an upgraded Central Limit Order Book (CLOB), combining an off-chain order book with an on-chain execution mechanism. At the asset layer, Polymarket will launch Polymarket USD, backed 1:1 by USDC, gradually replacing the cross-chain asset USDC.e currently in use. In addition, the platform will support the EIP-1271 standard, enabling smart contract wallets (such as multisig wallets) to participate directly in trading. During the upgrade, the existing order book will be cleared and will briefly enter a maintenance window. (Source: Foresight News)

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