Fireplace, a professional trading terminal built on top of Polymarket’s prediction markets, announced on August 10 that it is shutting down. Trading on the platform stops August 15, and users have until September 30 at 23:59 UTC to close positions, withdraw funds, export account data, or migrate their holdings directly to Polymarket. No automatic liquidations will occur. Fireplace is explicitly giving users time and tools to handle their own exit, which matters more than it might sound in a space where platform closures have occasionally left traders scrambling. What users need to do before the deadline The September 30 cutoff is firm, so the action items are worth spelling out clearly. Users can close open positions manually, withdraw cash balances, export account data for their records, or use the platform’s one-step migration to move both positions and cash directly into their Polymarket wallets. Because Fireplace was built as a terminal layered over Polymarket’s infrastructure, migrating isn’t a complicated multi-step bridge process. The underlying positions already exist on-chain, so moving them over is closer to updating a routing preference than executing a cross-platform tr...
Fireplace shuts down: users have until September 30 to withdraw funds and migrate positions
1 month ago
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