Polymarket

Borrow USDC against your Polymarket prediction market positions on Polygon — the largest prediction market by volume.

Property	Details
Chain	Polygon
Token Standard	ERC-1155
Position Types	CTF (Conditional Token Framework) + NegRisk
Borrow Asset	USDC
Oracle Source	Polymarket CLOB API
Status	Live

Position Types

CTF Positions (Standard Markets)

Standard binary markets use the Conditional Token Framework (CTF). Each market has a YES and NO token. When you buy "YES" on Polymarket, you receive CTF ERC-1155 tokens. These are directly accepted by Varla as collateral.

NegRisk Positions (Multi-Outcome Markets)

Multi-outcome markets (e.g., "Who will win the election?") use NegRisk wrapping. Varla's adapter unwraps NegRisk positions to determine the underlying CTF token IDs for collateral valuation.

How It Works

1. Buy positions on Polymarket (you receive ERC-1155 tokens)
2. Connect same wallet to Varla
3. Approve VarlaCore for Polymarket's CTF contract
4. Deposit positions as collateral
5. Borrow USDC against your positions
6. When done: repay USDC, withdraw positions, sell on Polymarket

Varla reads your Polymarket positions from the same wallet. No bridging or token conversion needed — your ERC-1155 positions work directly.