Polymarket to launch new trading engine in November

Polymarket is preparing to overhaul its trading platform in Q4 to improve scalability and resolve ongoing system outages. According to VP of Engineering Josh Stevens, the new Rust-based Central Limit Order Book (CLOB) is scheduled for an October release, with full migration and market maker testing planned for November. The platform aims to replace its current system, which has struggled with performance issues and API failures, to better support its prediction markets and perpetual futures.