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Polymarket launches Protocol V2 to simplify crypto infrastructure and prepare for multi-chain expansion.

Protocol Fundamentals
07 Oct 2026
Cointribune
View Source
Bullish
Polymarket launches Protocol V2 to simplify crypto infrastructure and prepare for multi-chain expansion.

Polymarket has introduced Protocol V2, a new smart contract architecture designed to replace its older 2019 system. This upgrade simplifies the platform by using pUSD as the sole collateral and enabling multiple market types on a single exchange. Protocol V2 also prepares Polymarket for future expansion beyond the Polygon blockchain by allowing cross-chain transfers of positions and data. Initial tests run until October 30, with new markets expected to launch on V2 starting November 2, while existing positions remain on the old system to avoid disruption.

Polymarket's Protocol V2 upgrade is the subject, with Pluang market data as context for readers. As of Oct 07, 2026 14:21 WIB, out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include FIL at Rp19.693 with a 1-day change of -6.73%, ALGO at Rp2.136 down 6.56%, and ENJ at Rp553 down 6.48%.

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