Major Infrastructure Overhaul Scheduled
Polymarket, a leading platform in the prediction markets space, has officially announced a significant upgrade to its V2 exchange, scheduled for April 28 at 19:00 UTC. This overhaul represents a core technological leap forward, designed to enhance platform stability and transaction efficiency for its global user base.
Critical User Actions During the Upgrade Window
The migration process will require approximately one hour of scheduled downtime, during which all trading activity will be suspended. To facilitate a smooth transition, the platform will implement the following key steps:
- Order Book Clearance: The existing V1 order book will be completely wiped.
- Open Order Cancellation: All pending limit orders will be automatically canceled by the system.
- API User Requirement: Users trading via the API must upgrade their Software Development Kit (SDK) to the latest version prior to the upgrade commencement.
- Client Deprecation: Following the upgrade, the legacy V1 client will be permanently disabled and will cease to function.
Preparing for the Next Generation of Trading
This transition from V1 to V2 signifies a comprehensive rebuild of the platform's foundational architecture. All users, particularly active traders, are strongly advised to schedule their trading activities outside the maintenance window and ensure their clients or SDKs are updated beforehand. This preparation will guarantee seamless access to the new trading environment post-upgrade, promising improved execution speeds and robust system reliability.