In brief
On-chain investigator ZachXBT flagged a suspected drain from a wallet linked to Polymarket’s Polygon infrastructure Friday.
Polymarket devs said an “internal top-up” wallet was drained, while user funds and market outcomes remain safe.
On-chain analytics platform Bubblemaps later estimated the loss at about $700,000 across 16 addresses.
On-chain investigator ZachXBT flagged a suspected drain tied to Polymarket on Friday, saying over $520,000 had been taken from addresses linked to the prediction market’s Polygon infrastructure.Polymarket developers later acknowledged the incident and said it involved an internal rewards wallet and did not affect user funds or market outcomes.“Findings point to a private key compromise of a wallet used for internal top-up operations, not contracts or core infrastructure,” the Polymarket Developers account tweeted.
