Gondor v1 will support users in borrowing and leveraging using their entire Polymarket portfolio

Odaily Odaily, the Polymarket-based DeFi startup Gondor announced the launch of Gondor v1, calling it the first margin account product on Polymarket. The version is expected to be publicly launched in September.

Gondor v1 will allow users to manage cross-margins on their entire Polymarket portfolio, using the full portfolio as collateral for loans, and use the obtained credit to purchase more prediction market shares, thereby achieving higher capital efficiency and leveraged operations.

This represents a significant expansion compared to the beta version Gondor launched seven months ago. The previous product mainly allowed users to borrow against individual Polymarket positions, while v1 expands the collateral scope to the entire portfolio.

Prediction markets like Polymarket and Kalshi typically operate on a full collateral model, requiring users to deposit the full risk amount upfront and lock up funds until the event settles. Gondor seeks to unlock this locked capital through portfolio margining and lending mechanisms, allowing users to obtain additional liquidity and continue betting without having to immediately sell their positions.