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Polymarket is undergoing an upgrade; trading will be paused for approximately 1 hour.
Golden Finance reports that on April 28th, Polymarket announced that the platform upgrade has begun. The platform will be maintained for about 1 hour, during which trading will be paused, order books are being cleared, and funds and positions are secure. After trading resumes, a $1 million liquidity incentive will be launched.
All existing order books will be cleared during the upgrade, and users will need to re-place their orders after the upgrade. After the upgrade, the platform will migrate from USDC.e to the new collateral token pUSD. Most users do not need to take additional action; the frontend will automatically complete the migration with just one authorization.