Polymarket launches pUSD, a USDC-backed ERC-20 on Polygon, chopping gasoline charges and failed trades with audited CTFv2 sensible contracts
Polymarket has introduced a protocol improve that introduces Polymarket USD, referred to as pUSD, as a part of its system modifications on Polygon.
The replace focuses on bettering commerce execution, reducing prices, and simplifying how balances are managed. The corporate acknowledged that every day use will stay the identical, however the underlying course of will change via a brand new collateral construction.
Introduction of pUSD as Collateral Token
Polymarket USD, or pUSD, is a brand new ERC-20 token constructed on the Polygon community.
It acts because the platform’s collateral token and is totally backed by USDC. When customers deposit USDC, their balances seem as pUSD inside the system.
These balances may be transformed again to USDC at any time throughout withdrawal.
Based on Polymarket official documentation, the platform is ready to improve its protocol and introduce pUSD, an ERC-20 collateral token on Polygon that’s 100% backed by USDC.
The improve goals to decrease gasoline prices and failed trades whereas optimizing order administration. CTFv2… pic.twitter.com/CRGH3sDQKQ
— Wu Blockchain (@WuBlockchain) April 11, 2026
The platform defined that pUSD is a technical layer that operates behind the scenes.
Customers will nonetheless deposit funds, place trades, and withdraw in the identical approach. The corporate acknowledged, “pUSD is the technical layer beneath,” that means the improve doesn’t change the seen consumer move.
The token doesn’t depend on algorithmic mechanisms or fractional reserves. As an alternative, every unit of pUSD is backed by USDC held inside the system.
The sensible contract enforces this backing and manages withdrawals. This construction goals to keep up a direct hyperlink between pUSD and USDC always.
Improved Buying and selling Effectivity and Decrease Prices
The improve introduces modifications that focus on failed trades and excessive gasoline charges. Polymarket acknowledged that nonce-related execution failures will likely be eliminated.
These failures had brought about points in earlier variations of the platform. The brand new system reduces such errors and improves commerce reliability.
Fuel prices are additionally anticipated to lower resulting from extra environment friendly contract libraries.
The corporate famous that customers can migrate via a one-click course of. This strategy reduces friction and permits customers to maneuver to the up to date system shortly.
https://t.co/V085VOJ5sz
— Polymarket (@Polymarket) April 10, 2026
The platform additionally up to date how charges are dealt with. Charges are actually calculated on the time of commerce matching as a substitute of order placement.
This variation removes sure edge circumstances that beforehand brought about execution issues. Because of this, customers are anticipated to expertise smoother transactions.
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Contract Safety and System Structure Modifications
Polymarket confirmed that its CTFv2 contracts have been audited by Cantina and Quantstamp.
These audits evaluate the sensible contracts for safety and reliability. The corporate additionally plans to launch the contract code publicly and launch a bug bounty program.
The brand new structure introduces modifications to order administration. Orders are actually tracked utilizing timestamps and signatures as a substitute of on-chain nonces.
This methodology reduces points tied to nonce invalidation and improves order monitoring.
The central restrict order ebook additionally receives updates. The system now reduces race situations linked to stability checks.
This variation goals to enhance execution consistency. Based on the platform, these updates result in fewer failed trades and extra steady efficiency.
Polymarket acknowledged that the protocol continues to settle all exercise in native USDC. This strategy helps scalability and aligns with broader market requirements.
The improve combines this settlement mannequin with the brand new pUSD layer to enhance inner operations whereas preserving the consumer expertise unchanged.