Polyquest

Polyquest is a prediction market app on Solana. It has no link to PolyQuest Inc., the US plastics distributor. On Polyquest you buy shares in the outcome of an event, such as a vote, a token launch or an AI release. If you pick the outcome that happens, you get paid. The current version, set out in an October 2026 whitepaper, lists two kinds of market. Polyquest Originals are markets anyone can create, priced by an automated market maker. Polymarket markets let you trade on Polymarket order books from the same screen. The standout feature is payment: you can trade with many Solana tokens straight from your wallet, not only USDC.

Polyquest v2: what changed in October 2026

Polyquest started in 2024 as a "Predict to Earn" app. It ran on pooled bets: people who picked the right answer split the stakes of those who did not. In October 2026 the team put out a whitepaper for a rebuilt app, and the site now runs the new version. You can still reach the old app from a "Legacy" link at the foot of the site.

The new version has three ways to run a market. The old pooled model is one. The two new ones are a market maker for markets that users create, and a link to Polymarket's order books.

The site's terms of service name Select Labs LLC, a Delaware company, as the operator. James Kim wrote the whitepaper. The old docs at docs.polyquest.xyz still describe the 2024 app. They cover copy trading, staking yield and a meme coin launchpad. The new whitepaper mentions none of these. If a guide lists those features, it is likely based on the old docs.

How Polyquest prediction markets work

Each market asks a question with up to eight outcomes, and each outcome has a price between 0 and 1. That price is the market's rough estimate of the chance it happens. If you buy a share and that outcome wins, the share pays out in full. If it loses, the share is worth nothing.

Say a "Yes" share trades at 0.30 and you put 30 tokens in. You get about 100 shares. If "Yes" wins, they pay about 100 tokens. If "No" wins, you lose the 30 tokens. You can also sell before the market closes, at whatever price the market gives you then.

The whitepaper describes three engines:

The homepage filters markets by AMM and CLOB, the two engines it currently lists.

Polyquest Originals and the LS-LMSR market maker

Polyquest Originals are markets that users create. A pricing formula keeps them open for trading. The formula is called LS-LMSR, a known type of market maker for prediction markets. In plain terms, it always offers a price to buy and a price to sell. So even a brand-new market with few traders has a quote. The market gets deeper as more shares are bought.

The creator pays for that. To open an Original, the creator puts up seed money. The whitepaper shows the most the creator can lose is capped and known at the start.

The cost to you is the spread. In a small, new market, the price you pay can sit well above the fair odds. The whitepaper's maths shows the total markup can reach about 83% in an eight-outcome market at default settings. Check the price impact before you trade a thin market.

Trade with any Solana token: swap-to-bet

On Polyquest, each market is priced in one token that its creator picks. The homepage lists more than 40 options, such as SOL, USDC, BONK, WIF and JUP. If you hold a different token, Polyquest swaps it for you as part of your trade.

The swap runs through Jupiter JUP$0.240-5.8%. Swap and trade sit in one transaction, so either both happen or neither does. The whitepaper says price feeds are only for display and market setup. They never set the price of a trade. To bring money in from other chains, it names Mayan as the bridge.

The catch is that your payout comes in the market's token. If you win a market priced in a meme coin, you are paid in that meme coin, and its price can move while the market is open.

Polyquest and Polymarket: trading CLOB markets on Solana

Polyquest lets you trade Polymarket markets without leaving the Polyquest app. These are listed as CLOB markets. CLOB means an order book, where buyers and sellers post the prices they want, as on an exchange.

Behind the scenes, you get a second wallet on Polygon, the chain Polymarket runs on. The wallet firm Privy makes it. Your trades in these markets go through that wallet to Polymarket's own book. The whitepaper says Polyquest takes no fee here, so you pay only Polymarket's fees.

The help centre has a guide to set up your Polymarket account. It also talks about pUSD tickets for these markets. The terms say these markets settle under Polymarket's rules, so Polymarket decides the result.

How to create a prediction market on Polyquest

Creating a market on Polyquest takes one form. You write the question, list the outcomes, pick a topic and choose the token the market trades in. Then you set your creator fee.

The terms of service set that fee between 0.1% and 5% of each trade, with 1% as the default. You earn that fee on every trade in your market. In return, you take on two jobs. First, you seed the market, and you can lose part of that seed. Second, you resolve it. On Originals, the creator settles the outcome under the rules they published. The terms say a dispute process is still being built. They also say a market that cannot be resolved can be revoked, with refunds minus fees.

This setup suits a community or token project that wants a market on its own question in its own token. For example, the Infinita project said in November 2025 that its prediction game runs on Polyquest, priced in its LIVES token.

Is Polyquest safe? Custody, audits and resolution risk

Polyquest lets you keep control of your own funds, but its new code had no audit when the October 2026 whitepaper came out. The whitepaper says the Solana program "will undergo an external security audit after deployment."

On custody, the whitepaper says no money can leave your account without your signature. Money locked in a market sits in accounts the program controls, and no Polyquest key can take it out. The terms say Polyquest does not hold your funds or keys, and cannot undo a trade.

The biggest risk is who settles the result. Originals are settled by the person who made them, and there is no dispute process yet. If a creator settles a market wrongly, or never settles it, you can lose your stake.

Code changes are the next risk. The whitepaper gives the program address as 4tjbrvyzZ4PVuCnLKhrbbpcKd4ghnT6xxWPLQ2Mav68z. It says whoever holds the upgrade key can change the rules. It does not say who holds that key, and we could not check it on an explorer on 25 October 2026.

Polymarket markets also rely on Privy and on Polymarket itself. New Originals can have wide spreads, and the terms warn that there is no cap on price impact.

Last, the terms took effect on 10 October 2026 and are marked "Draft." They bar use from places where prediction markets are banned or need a licence Polyquest lacks. Using a VPN to get round this can get your account closed and your funds held back.

Who Polyquest is for

Polyquest fits Solana users who already hold meme coins or other SPL tokens and want to trade on events without first swapping to USDC. It also fits community and token teams that want to run a market in their own token and earn a fee on it.

It fits less well if you want the deepest books and a long track record. You can trade Polymarket directly, and Polyquest's own engine is new and unaudited. It is also a poor fit if you live somewhere that restricts event contracts, or if you are not comfortable relying on a market creator to settle the result.

Polyquest vs Polymarket and other Solana prediction markets

Pick Polyquest if you want to pay with Solana tokens or make your own market. Pick Polymarket itself if you want its full app and the deepest books. Polyquest reaches the same books, but adds a layer in between.

Other prediction market options on Solana include:

• Drift Protocol DRIFT$0.012-4.0%, whose BET product offers prediction markets on Solana.
• Hedgehog Markets, a Solana-native prediction market; we covered its approach in our Hedgehog interview.
• Kalshi markets brought on-chain through DFlow, which Kalshi presented at Breakpoint 2025.

If you want an AI agent to trade Polymarket or Kalshi markets for you, see our guide to trading prediction markets on Solana with an AI agent.

Polyquest POLY token: launched or not?

Polyquest's POLY token has been created but not launched, per the project's token docs. The docs give its mint address as 4XAu5MTjcz1UKYgVfhevb4X2fRK3NGGoRdeMDsQxBGzD, with a fixed supply of one billion.

The docs tell you to ignore unofficial offers and to wait for a launch date from official channels. The new whitepaper leaves the token out. It says nothing in the app depends on a token. Treat any POLY sale or airdrop with suspicion unless Polyquest's own site or X account announces it.

The new app also uses USDP, a token that holds your rewards and is counted in dollars. The whitepaper says plainly that USDP "is not a stablecoin." Polyquest does not promise to swap it one-for-one for USDC.

Polyquest team and history

Polyquest grew out of Solana's builder scene in Vietnam. James Kim, who wrote the whitepaper, posts about it on X. Its update log says the first app went live on Solana on 29 August 2024.

Its achievements page lists many hackathon wins from that year. Among them are the Bitget x Solana Hackathon and first prize at a Wormhole hackathon in Vietnam. The 2024 app used Solana Blinks, which let people vote on a market straight from a post on X.

The team went to Breakpoint in December 2025, per its X account. That account had posted nothing since then when we checked on 25 October 2026. The new whitepaper, site and draft terms were the main signs of life.