Polymarket is on the brink of rebuild the core of its change, a shift the workforce says would be the most vital change within the platform’s historical past. The upgrade will roll out over the following few weeks and quietly change the equipment beneath the app with out altering the way it seems to be to customers.
Examine it to swapping out a automotive engine whereas preserving the identical exterior. On the floor, the expertise ought to really feel acquainted, however beneath, almost every part is being reworked.
“Our Largest Change to Date: CTF + CLOB v2,” the builders wrote in a public replace, outlining what they referred to as an improve of “all the Polymarket change stack.”
The brand new system, generally known as CTF + CLOB v2, introduces recent contracts, a redesigned order e book, and a distinct collateral construction. Throughout the transition, buying and selling will briefly pause whereas techniques are migrated over a two- to three-week window.
Polymarket overhaul consists of buying and selling change improve geared toward velocity and suppleness
CTF Change V2 replaces the present change contract with a extra streamlined model. The redesign is claimed to give attention to making order dealing with cleaner and sooner, with modifications that simplify how trades are structured and executed.
It “optimizes and simplifies the Order struct,” whereas additionally enhancing how orders are matched. The replace provides help for “1271 signatures” and introduces “builder codes for onchain order attribution.” It additionally consists of “optimized payment assortment and distribution.”
The modifications are considered related for builders operating automated methods or constructing instruments on high of Polymarket. The expectation is that bots and integrations will run extra easily, with fewer inefficiencies in how trades are processed.
A part of the transition is a brand new collateral token referred to as Polymarket USD, which replaces USDC.e. The workforce says the token is “backed 1:1 by USDC,” preserving its worth secure whereas permitting tighter integration with the brand new system.
“For many customers, this transition is seamless. The frontend handles wrapping routinely with a one-time approval immediate,” the builders mentioned.
Extra superior merchants might want to take motion themselves. “Energy customers and API-only merchants might want to wrap their USDC or USDC.e into Polymarket USD through the Collateral Onramp contract’s wrap() perform.”
The up to date system additionally features a new model of the platform’s CLOB-Consumer SDK. “Your consumer queries a model endpoint and refreshes on migration day,” the workforce famous. “TypeScript, Python, and Go shoppers shall be prepared and documentation shared earlier than launch day.”
Builders might want to replace their instruments to remain appropriate. “In case you’re operating a bot or integration, you’ll must replace your SDK and re-sign orders with the brand new struct.”
All current order books shall be wiped as a part of the shift. “Throughout the improve, all current order books shall be cleared. There shall be a brief upkeep window,” the builders mentioned.
The overhaul arrives throughout a busy and generally turbulent stretch for Polymarket. The platform lately pulled a high-profile betting market tied to Artemis after dealing with backlash. On the similar time, it has been increasing, together with the acquisition of Dome.
Featured picture: Polymarket through X
The put up Polymarket prepares major exchange overhaul amid recent controversies and expansion moves appeared first on ReadWrite.


