{"id":8160,"date":"2026-04-07T06:39:42","date_gmt":"2026-04-07T06:39:42","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8160"},"modified":"2026-04-07T06:39:42","modified_gmt":"2026-04-07T06:39:42","slug":"polymarket-unveils-major-overhaul-with-new-trading-engine-and-native-stablecoin","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8160","title":{"rendered":"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin"},"content":{"rendered":"

<\/p>\n

\n
\n
\n
    \n
  • Polymarket has announced plans to overhaul its infrastructure with a new trading engine, smart contracts, and its own collateral token, Polymarket USD.<\/span><\/li>\n
  • The update will be rolled out gradually over the next few weeks, and Polymarket expects minimal disruption for most users.<\/span><\/li>\n
  • The update has added to hopes that Polymarket\u2019s long-awaited native token, POLY, may be launching soon.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Leading prediction market platform, Polymarket, will undergo a substantial update in coming weeks that will include a new order book and the introduction of Polymarket\u2019s own collateral currency called Polymarket USD, the company announced April 7.<\/p>\n

    Polymarket has described this update as the platform\u2019s \u201cbiggest infrastructure change since launch,\u201d which the platform says will result in \u201cfaster execution, lower gas, and a cleaner foundation going forward.\u201d<\/p>\n

    \u201cWe\u2019ve heard your feedback, and we\u2019re excited to announce Polymarket is getting a full exchange upgrade,\u201d Polymarket said through its official X \/ Twitter account.\u00a0<\/p>\n

    \n
    \n

    Over the next few weeks, we\u2019re rolling out a rebuilt trading engine, upgraded smart contracts, and a new collateral token, Polymarket USD.<\/em><\/p>\n<\/div>\n

    \n Polymarket <\/div>\n<\/div>\n

    Polymarket plans to gradually roll out the update over a period of several weeks and expects the process to be smooth for most users, although it will require the cancellation of all open orders. The platform said it will give users several days\u2019 warning before closing all unfulfilled orders.\u00a0<\/p>\n

    More advanced users though, such as those using trading bots or accessing Polymarket\u2019s API, will notice more of a disruption and will be required to update their software development kits to match the new trading infrastructure.<\/p>\n

    Polymarket USD will replace the platform\u2019s existing bridged collateral token. Some users may also need to bridge their USDC (or USDC.e) to Polymarket\u2019s new token.<\/p>\n

    Related: Polymarket Expands Into Stocks and Commodities With Pyth-Powered Pricing<\/strong><\/p>\n

    New Collateral Token Marks Significant Transition for Polymarket<\/h2>\n

    Until now, Polymarket has used a bridged version of Circle\u2019s USDC running on Ethereum layer-2 network, Polygon (Polymarket also runs on Polygon, hence the name).<\/p>\n

    Polymarket\u2019s new collateral token, which is backed 1:1 by USDC, marks an important change, potentially allowing it to offer higher yield rates for users holding their assets on the platform and opening up significant new sources of revenue.<\/p>\n

    There\u2019s also hopes among Polymarket users that the launch of the new collateral token signals Polymarket\u2019s planned native token POLY, might not be too far away.<\/p>\n

    Related: Kalshi and Polymarket Each Eye $20B Valuations as Prediction Markets Hit $18B Monthly Volume<\/strong><\/p>\n

    Polymarket\u2019s Chief Marketing Officer, Matthew Modabber, confirmed the platform\u2019s plans to launch their own token last October, saying during an interview on the Degenz Live podcast that \u201cthere will be a token, there will be an airdrop.\u201d<\/p>\n

    \u201cWe could have launched a token whenever we wanted, and it\u2019s just how thorough we want to be about it. We want it to be a token with true utility, longevity, and to be around forever, right? That\u2019s what we expect from ourselves, and that\u2019s what I think everyone in the space expects from us,\u201d Modabber added.<\/p>\n

    On February 4, Polymarket\u2019s parent company Blockratize filed trademark applications for the words POLY and $POLY, adding further to expectations the platform is set to launch its native token soon.<\/p>\n<\/p><\/div>\n

    Polymarket,Stablecoins,Trading#Polymarket #Unveils #Major #Overhaul #Trading #Engine #Native #Stablecoin1775543982<\/p>\n","protected":false},"excerpt":{"rendered":"

    Polymarket has announced plans to overhaul its infrastructure with a new trading engine, smart contracts, and its own collateral token, Polymarket USD. The update will be rolled out gradually over the next few weeks, and Polymarket expects minimal disruption for most users. The update has added to hopes that Polymarket\u2019s long-awaited native token, POLY, may<\/p>\n","protected":false},"author":1,"featured_media":8161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[689,46,1708,3845,792,166,244,2224],"class_list":{"0":"post-8160","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-engine","9":"tag-major","10":"tag-native","11":"tag-overhaul","12":"tag-polymarket","13":"tag-stablecoin","14":"tag-trading","15":"tag-unveils"},"yoast_head":"\nPolymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\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=8160\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin\" \/>\n<meta property=\"og:description\" content=\"Polymarket has announced plans to overhaul its infrastructure with a new trading engine, smart contracts, and its own collateral token, Polymarket USD. The update will be rolled out gradually over the next few weeks, and Polymarket expects minimal disruption for most users. The update has added to hopes that Polymarket\u2019s long-awaited native token, POLY, may\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8160\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-07T06:39:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.cryptonews.com.au\/2024\/10\/25140026\/Polymarket.jpg\" \/>\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=8160\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8160\",\"name\":\"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8160#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8160#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/9425PMC.jpeg\",\"datePublished\":\"2026-04-07T06:39:42+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8160#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8160\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8160#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/9425PMC.jpeg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/9425PMC.jpeg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8160#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=8160","og_locale":"en_US","og_type":"article","og_title":"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin","og_description":"Polymarket has announced plans to overhaul its infrastructure with a new trading engine, smart contracts, and its own collateral token, Polymarket USD. The update will be rolled out gradually over the next few weeks, and Polymarket expects minimal disruption for most users. The update has added to hopes that Polymarket\u2019s long-awaited native token, POLY, may","og_url":"https:\/\/cryptonews.uk.com\/?p=8160","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-04-07T06:39:42+00:00","og_image":[{"url":"https:\/\/cdn.cryptonews.com.au\/2024\/10\/25140026\/Polymarket.jpg","type":"","width":"","height":""}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=8160","url":"https:\/\/cryptonews.uk.com\/?p=8160","name":"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=8160#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=8160#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/9425PMC.jpeg","datePublished":"2026-04-07T06:39:42+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=8160#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=8160"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=8160#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/9425PMC.jpeg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/9425PMC.jpeg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=8160#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Polymarket Unveils Major Overhaul With New Trading Engine and Native Stablecoin"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/8160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8160"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/8160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/8161"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}