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AI Agent b2a29fe51f Update Polymarket documentation (2026-02-19)

- Added new documentation URLs from llms.txt index
- Updated TARGET.md with 244 total documentation pages
- Scraped new pages for trading, concepts, and API reference sections
- Updated changelog and new index pages

2026-02-19 14:31:02 +01:00

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Documentation Index

Fetch the complete documentation index at: https://docs.polymarket.com/llms.txt Use this file to discover all available pages before exploring further.

Redeem Tokens

Exchange winning tokens for USDC.e after market resolution

Redeeming converts winning outcome tokens into USDC.e after a market resolves. Each winning token is worth exactly $1.00 — the losing token is worth $0.

Market resolves YES:
  100 Yes tokens → $100 USDC.e
  100 No tokens  → $0

When to Redeem

Redemption is only available after a market resolves. Once the oracle reports the outcome:

Winning tokens can be redeemed for $1.00 USDC.e each
Losing tokens are worth $0 and produce no payout

You can redeem at any time after resolution — there's no deadline. Your winning tokens will always be redeemable.

How Resolution Works

The market's end condition is met (event occurs, date passes, etc.)
The UMA Adapter oracle reports the outcome via reportPayouts()
The CTF contract records the payout vector
Redemption becomes available for winning tokens

Prerequisites

Before redeeming:

Market must be resolved — check the market's resolved status
Hold winning tokens — only the winning outcome can be redeemed
Know the condition ID — required for the redemption call

Function Parameters

USDC.e (Bridged USDC) contract address: `0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174` Always `0x0000...0000` (32 zero bytes) for Polymarket markets The market's condition ID Array of index sets to redeem: `[1, 2]` redeems both outcomes (only winning pays) Redemption burns your entire token balance for the condition — there is no amount parameter.

Payout Mechanics

The CTF uses a payout vector to determine redemption values:

Outcome	Payout Vector	Redemption
Yes wins	`[1, 0]`	Yes = $1, No = $0
No wins	`[0, 1]`	Yes = $0, No = $1

When you call redeemPositions():

Your token balance is multiplied by the payout
Winning tokens are burned
USDC.e is transferred to your wallet
Losing tokens are burned as well, but produce a $0 payout

Next Steps

Learn more about the Conditional Token Framework Understand how markets are resolved

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Documentation Index