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Polymarket is set to launch a new Rust-based CLOB test in November, with plans to complete the subsequent migration.

53 minutes ago

Polymarket’s development lead Josh Stevens stated the team is fully building a new Rust Central Limit Order Book (CLOB) system and unveiled the latest migration plan for Polymarket DeFi. The existing CLOB is widely regarded as the root cause of most current issues. Per the plan, October will bring end-to-end testing of the full order lifecycle—including trading, settlement, on-chain interactions, indexers, and engine notifications—in a test environment. In November, all production traffic will be mirrored to the new trading cluster, with results compared against the existing system, and test access opened to market makers. The team also aims to finalize the migration switch plan in November, completing two full dry runs before the official switch. If progress goes smoothly, the new system will then be officially launched. Stevens added that the migration will minimize required changes for market makers and developers: request and response interfaces are expected to stay unchanged, with only possible additions of some fields and the deprecation of one field; any deprecation will be announced in advance.

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Stablecoin supply surges $2.79B as public companies add 2,938 BTC

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Bloomberg: US stocks may move toward 24/7 trading, with the all-day market set to undergo a stress test.

According to a Bloomberg report, Nasdaq, the New York Stock Exchange (NYSE), and the London Stock Exchange (LSE) plan to extend trading hours in the coming months, with U.S. equity markets gradually moving toward a model of over 23 hours of daily trading, five days a week. Nasdaq and NYSE Arca are set to launch overnight trading on December 6. Nasdaq intends to add a trading session from 21:00 to 4:00 ET, while NYSE Arca has a similar plan, though its main board trading hours will remain unchanged for now. The LSE, meanwhile, plans to launch "LSE 24" in 2027, allowing trading of some securities between 17:00 GMT and 7:50 GMT the next day. Bloomberg notes that the expansion of U.S. trading hours is primarily driven by growing demand from overseas investors and competition from 24/7 trading platforms such as cryptocurrency and prediction markets. Overnight trading volume in U.S. stocks currently accounts for only about 1% of total volume, but has more than tripled in the 12 months through August 2026, with roughly 37% of that overnight volume coming from non-U.S. investors. However, market participants warn that extended trading hours could lead to lower liquidity in overnight sessions, wider bid-ask spreads, increased price volatility, and higher operational and monitoring costs for brokers and market infrastructure. The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq’s plan to extend trading hours and is currently discussing with market institutions how to ensure market order and liquidity during the extended sessions.

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Binance Alpha will launch a new airdrop, with a threshold of 230 points.

Binance Wallet announced in a post that the Binance Alpha airdrop will open for claiming and trading at 22:30 today. Users holding at least 230 Binance Alpha points are eligible to participate in the claim, and the airdrop will follow a first-come, first-served basis until the airdrop pool is fully distributed or the event ends. Binance Wallet noted that the specific airdrop tokens and more event details will be announced later.

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US stocks' losses widened, with the Nasdaq 100 down more than 1%.

According to market data from BIT (bit.com), the Nasdaq 100 index’s decline has widened to over 1%, the S&P 500 index is currently down 0.5%, and the Dow Jones Industrial Average is down 0.4%.

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