Polymarket Launches Protocol V2 Upgrade Featuring ERC-1155 Positions and pUSD Collateral

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Prediction market platform Polymarket has rolled out its Protocol V2 upgrade, moving away from its legacy Gnosis-based infrastructure.

An illustration of coins and a launching rocket representing the Polymarket V2 upgrade.
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Polymarket Launches Protocol V2 Upgrade Featuring ERC-1155 Positions and pUSD Collateral

Prediction market platform Polymarket has rolled out its Protocol V2 upgrade, moving away from its legacy Gnosis-based infrastructure.

CryptosBank Editorial TeamOct 6, 20261 min read
An illustration of coins and a launching rocket representing the Polymarket V2 upgrade.

Polymarket Deploys Protocol V2

According to The Block, prediction market platform Polymarket has officially rolled out its Protocol V2 upgrade. The new protocol iteration replaces the platform's legacy Gnosis-based setup with a streamlined infrastructure.

The core changes introduced in Protocol V2 include a single ERC-1155 positions contract alongside pUSD collateral. This architectural shift marks a significant operational update for the decentralized prediction platform.

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