MoonPay Dawn Labs Deal Brings Dawn CLI to Polymarket

MoonPay acquired Dawn Labs and launched Dawn CLI, adding an AI trading copilot for prediction markets as MoonPay expands its agent-based trading infrastructure, according to a May 11 report from Decrypt.

The MoonPay Dawn Labs deal terms were not disclosed. The available research did not verify a purchase price, transaction structure, Dawn user count, revenue, assets under management, funding history or trading volume.

Dawn’s official product page describes Dawn as an AI trading copilot built for prediction markets. The company says users can describe strategies in plain English and Dawn generates executable code. Those statements should be treated as product claims, not independently verified trading results.

Decrypt reported that Dawn CLI will initially support Polymarket, with plans to expand to additional venues and asset types in the coming months. The report did not establish current Dawn CLI support for venues beyond Polymarket.

The acquisition comes as prediction markets have drawn more trading activity and institutional attention. KPMG has said Kalshi and Polymarket exceeded $40 billion in combined volume in 2025, compared with roughly $9 billion in 2024. That figure provides sector context, but does not indicate Dawn’s own volume or adoption.

MoonPay has been expanding its agent and infrastructure strategy this year. The company launched MoonPay Agents on Feb. 24, 2026, and has separately announced recent acquisitions including Sodot on April 29 and DFlow on May 5. Those moves are adjacent context for MoonPay’s broader infrastructure push, but the verified brief does not establish a direct operational link between DFlow and Dawn CLI.

The deal also arrives as developers and trading platforms test interfaces that let users automate parts of market participation. In prediction markets, where trades reflect prices tied to event outcomes, automation tools may raise additional questions around custody, user approval, market access and risk controls.