Polymarket uses USDC on the Polygon network as its primary trading currency. All deposits, withdrawals, and winnings are denominated in USDC.
Polygon
A Layer 2 scaling solution for Ethereum that Polymarket uses for fast, low-cost transactions. All Polymarket trades settle on Polygon, enabling near-instant execution with minimal gas fees.
Prediction Market
A market where participants trade contracts that pay out based on the outcome of future events. Prices reflect the crowd's estimated probability of each outcome. Polymarket is the largest crypto-based prediction market.
Conditional Token
A token on the Gnosis Conditional Token Framework (CTF) that represents a specific outcome in a prediction market. Polymarket uses CTF tokens as the underlying asset for all its markets.
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