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A Polymarket bot should stop submitting new orders as soon as it cannot verify the market data, order status, or account exposure it needs to trade safely. Pause on stale or contradictory market data, uncertain order outcomes, throttling, invalid market constraints, or a breached risk limit. Then reconcile orders and fills before resuming. Pausing new orders, cancelling resting orders, and shutting down the bot are separate actions.
What should trigger an immediate pause?
These are fail-closed operating recommendations based on Polymarket’s documented order and market-data workflow, not official Polymarket risk limits. A bot should block new submissions whenever a condition makes its next order unsafe to evaluate.
The market is unavailable or its constraints are unknown
Do not submit if the market is not accepting orders, or if the bot cannot determine that status. Before an order, Polymarket’s Place Orders guide says to confirm that the market is accepting orders. Also pause if the current tick size or minimum order size is unknown, or if the proposed order fails either constraint.
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Market data is stale, disconnected, or inconsistent
Pause if the market feed disconnects, its updates stop advancing, or the bot cannot reconstruct a trustworthy current book. Do not keep trading from a cached snapshot indefinitely. Polymarket’s Real-Time Data documentation describes WebSocket events for book updates, price changes, last trade prices, and tick-size changes. A reconnect should not count as recovery until the bot has rebuilt a consistent current view.
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An order’s outcome is uncertain
If a timeout or error leaves the bot unsure whether an order was accepted, filled, or cancelled, stop submitting replacements. First query the order and reconcile related trades and fills using the documented order-management workflow. Retrying blindly can create duplicate exposure.
An order is pending or cancellation is not confirmed
Do not assume a cancellation request has removed an order. Verify its resulting state and account for any fills that occurred. Polymarket documents selected crypto and finance up/down markets with a 250 ms taker delay; the order is revalidated when that delay ends. Some sports or game markets can have a configured delay, too. During a matching delay, an order may be pending and temporarily non-cancellable. These delays are market-specific, not a rule for every market. See Order Lifecycle.
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The service is throttling requests or returning repeated errors
Pause or back off when requests are throttled, delayed, queued, or repeatedly failing. A bot that cannot reliably submit, inspect, or cancel orders cannot safely assume its account state. Polymarket’s Rate Limits page gives a general CLOB limit of 9,000 requests per 10 seconds and lists separate IP-based and per-signer limits. As examples on that live documentation page, POST /order is listed at 5,000 requests per 10 seconds burst and 120,000 per 10 minutes sustained; DELETE /cancel-all is listed at 250 requests per 10 seconds burst and 6,000 per 10 minutes sustained. These are documented limits, not recommended request rates or guaranteed capacity, and may change. Build in backoff rather than treating the figures as a target.
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Stop when the bot reaches an operator-defined maximum position, portfolio exposure, loss or drawdown limit, or error-rate boundary. Polymarket’s reviewed documentation does not prescribe universal values for these thresholds. Choose limits for the strategy and account, enforce them before each order and after each fill, and test the stop behavior before enabling live orders.
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The trade no longer clears its fee-adjusted economics
Recalculate expected value using the current fee parameters for the specific market. Polymarket says taker fees apply only in certain markets and vary by category and share price; makers are not charged. A single hard-coded fee schedule can therefore make a bot’s expected-value calculation wrong. Check the market-specific information in Polymarket’s Fees documentation before trading.
How do pause, cancel, and shutdown differ?
- Pause: Block new order submissions while keeping the processes needed to observe and reconcile account state available.
- Cancel: Request removal of one or more resting orders, then verify their status and reconcile any fills. A request is not confirmation.
- Shutdown: Stop execution and possibly data processes. If possible, first use the cancellation and reconciliation workflow needed to understand remaining exposure.
Keep an emergency cancellation path available, but do not treat it as the sole safeguard: an order in a matching delay may temporarily be non-cancellable, and cancellation requests are subject to API limits.
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Which order behaviors matter for risk controls?
Polymarket states that all orders are limit orders. The execution choice affects how long exposure can remain live and whether a partial fill is possible; it does not remove the need to track actual order state. The behaviors below are described in the Order Lifecycle documentation.
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|---|---|---|
| GTC | Remains on the book until filled or cancelled. | Track resting exposure and reassess it when the strategy or risk state changes. |
| GTD | Remains live until its specified expiration; the guide documents an expiration security buffer. | Use when an order should not outlive a known event or strategy window, and verify the current expiration rules. |
| FOK | Fills entirely immediately or cancels. | Prevents a partial fill, but may not execute if available liquidity is insufficient. |
| FAK | Fills the available amount immediately and cancels the remainder. | Reconcile the actual filled size before calculating exposure. |
| Post-only | Rejected if it would match immediately. | Useful when maker-only behavior is required; it does not cap exposure. |
A “market order” does not guarantee execution at the displayed price. Polymarket describes it as an order priced to execute against available resting liquidity; the result depends on that liquidity. See Order Lifecycle.
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How should a bot resume after stopping?
Keep new submissions disabled until all of the following checks pass. If any check fails, remain paused rather than guessing at the account or market state.
- Restore a current, internally consistent market view, including the latest relevant book and tick-size information from the real-time feed.
- Check that the market is accepting orders and that the planned order meets its current tick-size and minimum-size requirements, as described in Place Orders.
- Query open orders and reconcile order outcomes against trades and fills using Manage Orders. Include pending or delayed orders in the exposure calculation.
- Reconcile resulting positions and available balances against the bot’s internal state. Do not treat an unconfirmed cancellation or an unresolved timeout as zero exposure.
- Confirm the configured position, exposure, loss, and error-rate limits are not breached, and that the fee-adjusted trade still meets the strategy’s criteria.
- Re-enable order submission only after the data, market, order, and account checks all agree.
What does a bot need to account for beyond order status?
Polymarket outcome shares are priced between 0 and 1 USDC. According to its FAQ, a winning outcome redeems for 1 USDC per share after resolution, and a position can also be sold before resolution. A bot’s exposure checks should therefore consider both its current holdings and any still-live orders that could add to them. Do not treat a quoted share price as a guaranteed exit value or as a complete measure of risk.
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