Polymarket is currently undergoing an upgrade, and trading will be paused for approximately 1 hour.

BlockBeats News, April 28th, Polymarket announced that the platform upgrade has begun. The platform will be under maintenance for approximately 1 hour, during which trading will be paused, the order book will be cleared, and funds and positions will be secure. After the upgrade is complete, $1 million in liquidity incentives will be launched.

All existing order books will be cleared during the upgrade process, and users will need to place new orders after the upgrade. Following the upgrade, the platform will transition from USDC.e to the new collateral token pUSD. Most users will not need to take any additional actions as the frontend will handle the migration automatically with just one authorization.