Polymarket’s $1M Gambit: Luring Sharks to the Prediction Pool
At precisely 11:00 UTC on April 28, after a brief interlude of maintenance-a mere hiccup in the grand scheme-CLOB v2 came to life. The existing order books, like yesterday’s news, were swept aside, and traffic was herded into the new exchange stack. A changelog, that most prosaic of documents, proclaimed the arrival of “new Exchange contracts, a rewritten CLOB backend, and a new collateral token (Polymarket USD, or pUSD),” with a stern warning: no backward compatibility for the relics of the past.


