Polymarket Rebuilds Core Smart Contracts With Protocol V2, Targets Nov. 2 Switchover

The shift matters less as a technical upgrade than as a signal that Polymarket is consolidating control over its own settlement layer, moving away from inherited Gnosis-era scaffolding toward something it can iterate on directly. For traders and market makers, the practical question is whether the modular design changes fee structures, resolution mechanics or liquidity incentives — none of which the item addresses. The staged rollout through October, with live markets already on V2, suggests a deliberate de-risking rather than a hard cutover. Whether the Nov. 2 target holds, and whether any live markets lag on the old stack, is the open question.