Polymarket Undergoing Upgrade, Trading Paused for Approximately 1 Hour

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On April 28, Polymarket announced that the trading platform upgrade has begun. The platform will undergo maintenance for about 1 hour, during which trading will be paused, and the order book is being cleared. Funds and positions are secure. After trading resumes, a $1 million liquidity incentive will be launched. During the upgrade, all existing order books will be cleared, and users will need to place new orders after the upgrade. Following the upgrade, the platform will migrate from USDC.e to the new collateral token pUSD. Most users will not need to take additional action, as the front end will automatically complete the migration with just one authorization.

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