Polymarket switched the exchange to cancel-only mode and paused relayers due to an “incident,” leading users to suspect the frontend had been hacked. On-chain data shows a wallet holding 2.65 million POL. On-chain data is the smoking gun. The 2.65 million POL points to conclusive evidence. In the prediction market ecosystem, once a frontend is compromised, it’s hacked—and there’s simply no way to defend against it.

$POL #DeFi #Polymarket #SmartMoney