{"id":14188,"date":"2026-10-07T14:25:47","date_gmt":"2026-10-07T14:25:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14188"},"modified":"2026-10-07T14:25:47","modified_gmt":"2026-10-07T14:25:47","slug":"polymarkets-upgrade-wont-automatically-move-existing-bets-to-new-contracts","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14188","title":{"rendered":"Polymarket\u2019s upgrade won\u2019t automatically move existing bets to new contracts"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-figure-scope=\"\" data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>Polymarket\u2019s Protocol V2 rollout does not automatically move existing bets held under its older Conditional Tokens Framework, or CTF, onto new contracts. Its migration guidance tells trading integrations to retain support for those holdings while adding a separate system for V2 positions and new trading permissions.<\/p>\n<p>In his Oct. 5 announcement, Rajath Alex said Polymarket would run a few live test markets, known as canary markets, from Oct. 5 through Oct. 30. He described Nov. 2 as a tentative switch for newly created markets, rather than a deadline for converting every existing bet.<\/p>\n<p>For people using Polymarket\u2019s app or website, no technical migration is required. Users should complete any approval prompts shown in the app. The guides address Polygon-based onchain trading; Polymarket\u2019s main documentation directs users of Polymarket US to separate documentation.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">France blocked Polymarket after its transaction controls failed to stop 578,751 new French visitors<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>A separate mechanism does allow holders to move CTF positions into V2. Polymarket\u2019s contract registry says the relevant condition or event must be registered by Polymarket first. Its indexing reference describes events connecting the old CTF balance to the new PositionManager balance. That is a distinct operation from updating trading software.<\/p>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter shoggoth-infographic shoggoth-infographic-portrait wp-image-569578\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8.png\" alt=\"Polymarket\u2019s CTF and Protocol V2 trading paths: separate ledgers, identifiers and approvals; app users follow approval prompts, while moving old holdings is a separate operation.\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8-768x960.png 768w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\"\/><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter shoggoth-infographic shoggoth-infographic-portrait wp-image-569578\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8.png\" alt=\"Polymarket\u2019s CTF and Protocol V2 trading paths: separate ledgers, identifiers and approvals; app users follow approval prompts, while moving old holdings is a separate operation.\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-4ba05019-8663-4009-a6bb-864105e825d8-768x960.png 768w\" data-sizes=\"(max-width: 720px) 100vw, 720px\"\/><\/p>\n<h2>Integrations must support both systems<\/h2>\n<p>For developers, the change starts with where shares are recorded. Legacy CTF positions remain on the older ledger, while V2 balances sit in a separate contract called PositionManager. The contract migration guide requires integrations to handle the appropriate balances and retain CTF identifiers for older markets.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" data-newsletter-pending-label=\"Joining\u2026\" data-newsletter-pending-status=\"Joining The Catalyst\u2026\" data-newsletter-email-required-message=\"Before sending, please provide your email address.\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\"> <i class=\"fa-regular fa-envelope\" aria-hidden=\"true\"\/> The Catalyst <\/span><\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">What\u2019s moving crypto. Why it matters.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Get CryptoSlate\u2019s essential stories and what to watch next.<\/p>\n<p>  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" viewbox=\"0 0 16 16\" aria-hidden=\"true\" focusable=\"false\"> <path d=\"M15 3.604H1v1.891h14v-1.89ZM1 7.208V16l7-3.926L15 16V7.208zM15 0H1v1.89h14z\"\/> <\/svg> <span>Published on Substack<\/span> <\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p id=\"cs-inline-newsletter-1-privacy\" class=\"cs-inline-newsletter__privacy\">Seven days a week. Unsubscribe anytime.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<div class=\"cs-inline-newsletter__success\" role=\"status\" aria-live=\"polite\" aria-atomic=\"true\" tabindex=\"-1\"> <span class=\"cs-inline-newsletter__success-icon\" aria-hidden=\"true\"\/><\/p>\n<div>\n<h3 class=\"cs-inline-newsletter__success-title\">Check your inbox.<\/h3>\n<p class=\"cs-inline-newsletter__success-copy\">Your signup request was sent. If confirmation is required, follow the email from Substack.<\/p>\n<p class=\"cs-inline-newsletter__success-hint\">Look in spam or promotions if you don\u2019t see it.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<p>Permissions also stay separate. Under the API migration guide, the account holding a V2 buyer\u2019s assets must authorize ExchangeV3, the new trading contract, to spend enough pUSD, Polymarket\u2019s trading collateral, to cover purchases and fees. Selling requires permission for ExchangeV3 to operate on the seller\u2019s PositionManager shares. Existing CTF permissions do not grant either approval.<\/p>\n<p>Trading software must select the correct share identifier from each market\u2019s version, even if both generations\u2019 identifier fields appear in the response. V2 orders use position IDs and signing-domain version 3; CTF orders retain their exchange and signing-domain version 2. Those signing versions distinguish the two trading paths. Balance requests also distinguish V2 shares from CTF shares.<\/p>\n<p>For integrations that create, combine or redeem positions directly through contracts, V2 uses Router. Creating positions requires approval for Router to spend pUSD; combining or redeeming them requires Router operator permission on PositionManager. Integrations also need to update balance handling and payout reads.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Hyperliquid challenges Polymarket with $32 million opening for prediction-market builders<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>The similar version labels refer to different upgrades. Polymarket\u2019s changelog records CLOB V2 going live on April 28 and Data API v2 launching on Sept. 4, both in 2026. The October Protocol V2 rollout adds the separate position system.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Polymarket\u2019s stablecoin launch looks bearish for USDC, but the real shift runs deeper<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>For integrations already using pUSD and the CTFExchangeV2 order format, collateral, wallets, order-book credentials and endpoints stay the same. Polymarket nevertheless tells developers to verify purchases, sales and balances on both a V2 market and a CTF market.<\/p>\n<\/div>\n<p>Featured,Technology,Trading,PolymarketPolymarket#Polymarkets #upgrade #wont #automatically #move #existing #bets #contracts1791383147<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polymarket\u2019s Protocol V2 rollout does not automatically move existing bets held under its older Conditional Tokens Framework, or CTF, onto new contracts. Its migration guidance tells trading integrations to retain support for those holdings while adding a separate system for V2 positions and new trading permissions. In his Oct. 5 announcement, Rajath Alex said Polymarket<\/p>\n","protected":false},"author":1,"featured_media":14189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[7165,1360,1579,6552,302,792,4981,1300,1978],"class_list":["post-14188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-automatically","tag-bets","tag-contracts","tag-existing","tag-move","tag-polymarket","tag-polymarkets","tag-upgrade","tag-wont"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Polymarket\u2019s upgrade won\u2019t automatically move existing bets to new contracts - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Polymarket\u2019s Protocol V2 separates new trading from legacy CTF bets, requiring integrations to handle both systems while app users follow approval prompts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=14188\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polymarket\u2019s upgrade won\u2019t automatically move existing bets to new contracts\" \/>\n<meta property=\"og:description\" content=\"Polymarket\u2019s Protocol V2 separates new trading from legacy CTF bets, requiring integrations to handle both systems while app users follow approval prompts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=14188\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-07T14:25:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/polymarket-ctf-v2.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14188\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=14188\",\"name\":\"Polymarket\u2019s upgrade won\u2019t automatically move existing bets to new contracts - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14188#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14188#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/polymarket-ctf-v2.webp\",\"datePublished\":\"2026-10-07T14:25:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Polymarket\u2019s Protocol V2 separates new trading from legacy CTF bets, requiring integrations to handle both systems while app users follow approval prompts.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14188#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=14188\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14188#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/polymarket-ctf-v2.webp\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/polymarket-ctf-v2.webp\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14188#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Polymarket\u2019s upgrade won\u2019t automatically move existing bets to new contracts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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