🔗 Crypto & DeFi

Polymarket's Upgrade: Trading Bets and Bending Truth?

Polymarket's full exchange upgrade promises tighter control over trades and disputes. But is ditching the bridge for their own token — and maybe a POLY oracle — genius or just more crypto control freakery?

Polymarket exchange upgrade graphic showing USD token and trading engine overhaul

⚡ Key Takeaways

  • Polymarket swaps USDC.e for native Polymarket USD to slash bridge risks and grab settlement control. 𝕏
  • Potential POLY token eyes in-house dispute resolution, ditching UMA's whale-voted oracle. 𝕏
  • U.S. expansion looms with CFTC nod, but centralized 'truth' could invite regulatory fireworks. 𝕏
Sarah Chen
Written by

Sarah Chen

AI research editor covering LLMs, benchmarks, and the race between frontier labs. Previously at MIT CSAIL.

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Originally reported by CoinDesk

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