Polymarket V2: what changes for traders

Last updated

Polymarket V2 rolls out in three phases: 23 November, 24 November and 1 December 2026. If you use the website or app there is no migration to do; approve the prompts the app shows. Existing positions are not converted and keep trading, settling and redeeming on their current contracts.

Open Polymarket

No migration needed: just accept the approval prompts.

Check Polymarket US access in your state

In the US the international exchange is close-only; Americans use Polymarket US.

Rollout dates

PhaseDateMarkets moving to V2
1Mon 23 Nov 2026, 8:30 AM ETSelected 5- and 15-minute Up/Down markets; NYC, Warsaw and Munich weather
2Tue 24 Nov 2026BTC and ETH Up/Down, other crypto, remaining weather, commodities, finance, minor sports
3Tue 1 Dec 2026Soccer, American football, basketball, tennis, esports, social count markets

No cutover is scheduled for Thanksgiving (26 November); that week’s NFL and college football games stay on the current contracts. Each phase depends on the previous one trading and settling correctly, so later dates can move.

Source: docs.polymarket.com · verified 14 November 2026

Check Polymarket US access in your state

In the US the international exchange is close-only; Americans use Polymarket US.

Your positions

Existing positions are not converted. Markets created before V2 keep their current contracts for trading, settlement and redemption. Your balance is pUSD either way.

What you need to do

On the website or app: nothing technical. Complete any approval prompts the official app shows. Only approve prompts inside polymarket.com; a “V2 migration” link in a DM is a scam.

Questions

When does Polymarket V2 launch?

Phase 1 starts Monday 23 November 2026 at 8:30 AM ET, phase 2 on 24 November, phase 3 (most sports) on 1 December.

Do I need to migrate my Polymarket account?

No. App and website users only need to complete the approval prompts shown in the app.

What happens to my open positions?

Nothing: existing positions are not converted and keep trading, settling and redeeming on their current contracts.

Will Thanksgiving NFL games move to V2?

No. There is no cutover on 26 November, and that week’s NFL and college football games stay on the current contracts.

Check Polymarket US access in your state

In the US the international exchange is close-only; Americans use Polymarket US.

Not working?

Fixes by symptom.

Fees

The current fee schedule.

How to deposit

Any chain, from $2.