The Block • October 6th 2026, 2:35 PM
Polymarket rolls out V2 upgrade with single ERC-1155 positions contract, pUSD collateral
Key Summary
Polymarket has rolled out its Protocol V2, replacing its legacy Gnosis-based setup with a single ERC-1155 positions contract and pUSD collateral, enhancing user experience and security.
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Key Takeaways
- Polymarket has upgraded to Protocol V2, replacing its legacy Gnosis-based setup.
- The new setup utilizes a single ERC-1155 positions contract and pUSD collateral.
Market & Token Impact
The upgrade aims to improve user experience and security by streamlining the trading process and reducing the risk of errors. The single ERC-1155 positions contract will enable more efficient and accurate settlement of trades.Broader Context & What's Next
Polymarket's V2 upgrade is a significant step towards enhancing the platform's overall functionality and user experience. The company will continue to monitor the market and make adjustments as needed to ensure the platform remains competitive and secure.Additional Notes
The upgrade is a result of Polymarket's commitment to innovation and customer satisfaction. The company will provide further updates on the new features and improvements in the coming weeks and months.#Polymarket#ERC1155#V2Upgrade