Gondor unveils v1 with margin accounts for Polymarket traders
Private access is due next week before a September public launch, as Gondor shifts from isolated loans to cross-margin borrowing backed by traders’ full Polymarket portfolios.
Gondor said V1 will begin private access next week ahead of a public launch in September, introducing a margin account for Polymarket traders that lets users borrow against their entire portfolios instead of individual positions. The company said the cross-margin system evaluates a trader’s full Polymarket holdings as collateral, allowing borrowed funds to be used to buy more prediction-market shares while Gondor does not take custody of user assets. V1 expands on the lending strategy Gondor outlined after its August 2025 angel funding round and follows a seven-month closed beta in which more than 150,000 users joined the waitlist and 1,000 active Polymarket traders were selected after activity reviews. Gondor said its earlier isolated lending model exposed lenders to binary market risk, leading to higher borrowing costs, tighter limits, restricted market coverage and some loans being closed before markets resolved. The company said the portfolio-based approach should increase borrowing capacity, lower financing costs, support more prediction markets and allow positions to remain open through resolution, though key terms including rates, collateral requirements and liquidation thresholds have not yet been disclosed.
- cross-margin: A lending model that assesses the value of an entire portfolio as collateral rather than treating each position separately.
- isolated lending model: A borrowing structure in which each position is evaluated on its own, limiting risk-sharing across a portfolio.
- liquidation thresholds: Pre-set levels at which collateral can be sold or a position can be closed to cover a loan.