Simplify Position and Collateral Architecture, Polymarket Launches Prediction Market Protocol V2

Odaily reports that Rajath Alex posted on X stating that Polymarket has launched its next-generation prediction market smart contract system, Protocol V2. V2 adopts a single ERC1155 position contract, unified pUSD collateral, a single exchange, and a single router. It initially supports binary, atomic negative risk, incremental negative risk, and combinatorial markets, with settlement compatible with UMA and Chainlink oracles. The code has been audited by Cantina, Certora, and other firms, with Certora completing formal verification, and bug bounties reaching up to $5 million. Canary trial markets launched from October 5 to October 30, with brand-new markets expected to go live on V2 on November 2. Existing CTF markets and positions remain unchanged, and Data API V2 is launching simultaneously.