Just dropped our biggest update in months.
— App now speaks 8 languages, auto-detected
— Portfolio redesigned
— Google Play 2.0 is live
— Tons of fixes under the hood
April 7th we hit a new record — 12,000+ daily active users.
Half the projects that launched alongside us are dead — we're still here and shipping. Thanks for riding with us, best is yet to come.
Regular $PM burns as always.
Meanwhile, the team shipped:
- Guided deposit flow for new users
- Instant balance updates on trades
- Smarter proxy routing for faster access
- Fresh RPC nodes across all chains
- Redesigned portfolio balance cards
Big month for Polymtrade!
We've been heads down building toward our 2.0 release (already under review on the App Store and Google Play), and here's what's already shipped:
Trading
- Smart sell protection — 3-tier liquidity warnings
- Potential win display on every trade
- Smoother quote updates with debounced pricing
Markets
- Smooth infinite scroll
- Live market status banners
- Full resolution timeline
- Market clarifications and rule details
Deposits & Withdrawals
- Multi-token deposit support
- Quick deposit button in portfolio
- Real-time balance updates
Coming soon
- 8 languages
- Interactive onboarding
- New design
- Kalshi trading
Since finishing gas-free multichain deposits, questions about "lost" deposits have disappeared.
Multichain withdrawals are now live - free on @0xPolygon, with fees from other chains routed to the burn wallet.
Deposits from non-Polygon and Solana networks still have a small fee, it also goes to burning $PM.
PM trading is now live inside Polymtrade — directly from the Portfolio tab.
This makes it easier than ever to buy $PM, and we’re already seeing the holder count grow day by day.
Today we hit two major milestones:
– 10K+ daily active users
– $1M+ in daily trading volume on Polymtrade
On the back of this growth and with Iceball we now burned over 10% of the total $PM supply.
Alongside Iceball, which steadily burns around 100K $PM every day, we’re also bringing back classic burns.
Now Iceball and auto burns work together — one burns continuously, the other adds extra pressure.
On the very first day of bringing burns back, over 1M $PM was burned.
We’re a little late, because we were polishing our biggest update yet.
We’ve now completed a brand-new deposit system, written from scratch. Thanks to our partners @Alchemy and @RelayProtocol, we can now credit deposits almost instantly, across multiple chains and tokens.
Along the way, we noticed something important. A number of users had deposits on unsupported networks. For many, dealing with wallets, networks, and private keys can be confusing.
So instead of asking users to jump through hoops, we decided to turn this into a New Year gift.
While rolling this out, we’ll start:
- enabling additional networks
- recovering and returning past deposits
- notifying affected users directly by email
We believe this will help welcome back many early users - and naturally increase trading activity on the platform.
The first network we’re re-enabling, after seeing the most accidental deposits there: @ethereum.
Happy New Year.
And yes — more major updates are coming very soon.
Iceball bot is doing its job really well. It’s growing its balance without losing money, which means more $PM gets burned every day. At the same time, it helps support the price with every minute buybacks.
We decided to scale the system 4× and now route 2% of trading volume into burns.
Since the experiment started, over 1M $PM has already been burned, and this number keeps going up as the bot balance grows.
We’re also seeing a big increase in fees over the last week, which makes the whole flywheel even stronger.
On the 1-minute chart, you can see how it slowly pushes the price upward — this movement is entirely generated by the bot, with no external trades involved.
Over the last 24 hours, Fireball burned 698K $PM and generated $219K in volume.
We upgraded bot to Iceball — mechanism focused on accumulating $PM, trading in profit, and supporting the token price, not just burning fees into volume.
- $PM Burn increased to 0.5% per trade
- Bot now primarily buys $PM, building position instead of selling
- Improved arbitrage performance
- Spread-capture logic remains, using counter-trades during large moves
Iceball now prioritizes market making, burns, and positive PnL over raw volume. It buys and compounds position, helping keep most minute candles green.
100% fees are routed into the Iceball bot - pm896gYZkQkAmqK7REHRuyRXzyv5T2s4vfnnvopJkMm
- Burns only >1K $PM
- $PM is sold only if SOL balance is insufficient or counter-trade