Overview
- Gondor introduced V1, a non-custodial margin account that lets Polymarket traders borrow against their entire prediction-market portfolios.
- The cross-margin design uses gains in some positions to cover losses in others so Gondor can offer larger credit lines at lower cost.
- The product follows a seven-month closed beta in which more than 150,000 people joined the waitlist and 1,000 active traders were selected to test the system.
- Private access is set to begin next week with a public launch planned for September, and Gondor has not yet disclosed borrowing rates, collateral rules, liquidation thresholds, or initial supported markets.
- Private testing will determine how the platform allocates risk between borrowers and lenders and whether cross-margining stops rapid, position-level losses from forcing high fees or early loan closures.