As the demand for mobile access among crypto-native users continues to grow, the prediction market platform Polymarket has introduced a more user-friendly access tool.
Polycule is a lightweight Telegram bot specifically designed for Polymarket, aimed at simplifying the prediction market trading process and lowering the operational threshold. Users can participate in on-chain YES/NO betting on popular topics such as politics, sports, and cryptocurrencies directly through Telegram commands, without needing to open a webpage or install additional applications.
On June 7, Polycule founder krish announced on the X platform that the project has secured a $560,000 investment from Alliance. Alliance is one of the most influential startup accelerators in the Web3 space, and this round of funding will be used for product refinement and ecosystem expansion.
This news sparked intense market reactions. As of the time of writing, the platform token $PCULE saw its price surge nearly 200% within 24 hours before consolidating. The token was launched by Polycule founder krish on the Bellive platform on May 18.
From Chat Trading to Token Flywheel
Mobile Trading + Group Socialization, Building a New Entry Point for Prediction Markets
Unlike the traditional web-based trading experience, Polycule has moved the prediction market into the Telegram chat environment. Users simply need to add the bot @polycule_bot to complete full-chain trading operations through commands. For example:
Paste any Polymarket market link into the chat box, and the bot will automatically load the corresponding market.
Enter /trending to view a list of the hottest markets.
Enter /buy YES 50 to place a $50 bet on the "YES" option.
Enter /positions to check your current holdings.
One of Polycule's highlights is its strong group support and social trading features. Unlike traditional trading interfaces, Polycule supports a "social broadcasting" feature within groups. Once users add the bot to a Telegram group, all trading operations are automatically broadcasted, facilitating members to exchange strategies and track others' activities, creating a real-time collaborative trading atmosphere. This mechanism transforms the prediction market from an individual activity into a collective experience, allowing users to learn from each other's strategies and insights in real-time.
Additionally, Polycule breaks through geographical limitations. Currently, Polymarket faces usage restrictions in regions like the United States, and the official platform lacks a native mobile experience. Polycule leverages Telegram's global reach to overcome geographical and device limitations, enabling trading to occur anytime and on any device.
Moreover, Polycule supports on-chain trading on the Polygon network, allowing users to complete operations such as deposits, withdrawals, and token exchanges within the chat interface. The functionality also includes advanced options like limit orders, price charts, and market alerts to meet various trading needs.
PCULE Token Mechanism and Buyback Model
PCULE is the native token of the Polycule platform, and holders can enjoy fee discounts, reducing from 0.05% to a minimum of 0.01%. Additionally, Polycule will initiate a token buyback and burn mechanism whenever the accumulated fee income exceeds $10,000, driving up the token's scarcity. This mechanism, combined with the activity level of group trading, forms a self-reinforcing flywheel model.
With active trading, rising token prices, and an influx of users creating positive feedback, Polycule is rapidly becoming the main entry point for prediction market users. In the future, the team will also launch strategy copying, Solana cross-chain deposits, and richer group tools to further expand scenario coverage.
Image source: Polycule project white paper
According to official sources, Polycule will expand to more messaging platforms in the future, introducing features like strategy following, trader leaderboards, cross-chain deposit support for chains like Solana, and optimizing UI and trading speed.
The launch of Polycule opens a new entry point for prediction markets and provides Telegram users with a low-threshold way to participate in on-chain finance. With the rise of social trading methods, prediction markets are gradually transforming from marginal tools into experimental grounds for community consensus.
How New Users Can Start Using Polycule?
- Start the Bot: Open the official website, or search for @polycule_bot in Telegram, and click Start to initiate interaction.
- Create or Import a Wallet: The bot will automatically generate a Polygon network wallet or allow the import of an existing address.
Deposit Assets: Transfer USDC (Polygon network) to the generated wallet address to participate in market trading.
Browse and Trade Markets: Use commands to view markets or place orders directly. The bot will provide a clean interface displaying price, liquidity, and volume information.
- Join Social Trading: Add the bot to a group to automatically enable group trading broadcasting, suitable for DAO, analysis communities, or interest groups for following trades.
- Manage Assets: Users can check their balance with /wallet, withdraw funds using /withdraw, or swap USDC for PCULE using /swap.
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