Polycule Suspected Rug Pull Behind the Scenes: $230,000 Funds Disappear, Polymarket Ecosystem Faces Reshuffle

A major event within the Polymarket ecosystem is unfolding. The Polymarket-based trading robot project Polycule is suspected of Rug Pull, and the official website pmx.trade is no longer accessible. The team has gone dark. This project, which once held a significant market share among Polymarket Builders, has now left a huge ecological vacuum.

Event Reversal: From Hacker Attack to Rug Pull

Timeline overview

According to the latest news, there is a clear reversal in the development of the Polycule incident:

From the official narrative of a “hacker attack” to now the website disappearing, users unable to withdraw funds, and the team ceasing updates, the nature of the incident has undergone a qualitative shift. Users harmed still cannot withdraw their funds, and the team has not provided any further explanation.

Loss of Ecosystem Standing

Based on previous data, Polycule was not insignificant within the Polymarket Builders ecosystem. Among weekly Polymarket trading users, Polycule was one of only four builders with over 1,000 cumulative traders, competing with projects like Polymtrade, Based, and betmoar. The sudden exit of Polycule has undoubtedly caused a significant shock to the Polymarket ecosystem.

Opportunities for Competitors

insiders.bot’s Response Measures

In response to this sudden event, fellow prediction market trading bot insiders.bot acted quickly. According to official announcements, their measures include:

• Fully lowering fee rates to reduce user costs
• Offering exclusive professional membership discounts to Polycule victims
• Accelerating the upgrade to professional version v2, expected to reach about 90% prediction accuracy

Insiders.bot founder Ryan stated on social media, “The fall of Polycule has left a huge ecological vacuum, and someone must step up to fill it.” This comment not only evaluates the incident but also hints at how competitors are seizing market opportunities.

Reshaping Ecosystem Competition

Polycule’s failure creates a direct user transfer opportunity for other Builders. The rescue plan by insiders.bot not only demonstrates industry responsibility but also strategic positioning amid crisis. By absorbing Polycule’s affected users and promising higher accuracy (90%), insiders.bot is effectively redefining the competitive standards within the Polymarket ecosystem.

Implications for the Polymarket Ecosystem

This incident highlights several issues worth noting:

• User Risks: Even within relatively mature ecosystems, projects can experience sudden crises. Users need to evaluate project risks more cautiously.
• Ecosystem Resilience: The coexistence of multiple Builders in Polymarket provides a certain level of protection for users; the failure of one project does not paralyze the entire ecosystem.
• Accelerated Competition: The Polycule event may speed up competition among Polymarket Builders, pushing the industry to improve overall service levels.

Summary

The reversal from Polycule claiming hacker attack to suspected Rug Pull is not only a project crisis but also a test of Polymarket’s ecosystem stability. The rapid response from competitors like insiders.bot indicates some self-healing mechanisms within the industry. However, this incident also reminds users and practitioners that even in seemingly well-regulated ecosystems, project risks must be kept in mind. Whether the Polycule team will respond further and the long-term impact of this event on the overall Polymarket ecosystem remain to be seen.