Polymarket Rebuilds Its Core With Protocol V2 And pUSD Collateral

Crypto Insight Summary: Polymarket has begun testing Protocol V2, a major rebuild of the smart contracts behind its prediction markets. The architecture consolidates markets around a unified exchange system and pUSD collateral, with canary testing expected to continue through October 30 ahead of a tentative November 2 transition for new markets. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Polymarket's update is platform-specific and unlikely to significantly impact broader crypto markets.