Polymarket has launched a brand new integration with Chainlink that upgrades how its prediction markets are priced and settled, in accordance with a Sept. 12 assertion shared with CryptoSlate.
The rollout connects Chainlink’s oracle infrastructure to Polymarket’s platform on Polygon mainnet, giving merchants entry to sooner, tamper-resistant information feeds and automatic settlement instruments.
The system pairs Chainlink Knowledge Streams, which ship low-latency, timestamped market costs, with Chainlink Automation, which executes on-chain decision at predetermined instances.
Collectively, the 2 options take away delays in verifying market outcomes and scale back the opportunity of disputes.
For customers, this implies price-based markets, reminiscent of Bitcoin or Ethereum forecasts, can shut and settle virtually immediately as soon as circumstances are met.
Chainlink co-founder Sergey Nazarov stated the combination turns speculative predictions into “dependable, real-time indicators the world can belief,” highlighting the push to make markets rely upon verifiable cryptographic fact fairly than subjective decision-making.
Addressing governance challenges
The shift towards Chainlink’s oracle framework comes at a time when Polymarket faces mounting scrutiny over governance.
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Polymarket has been criticized for its reliance on UMA’s optimistic oracle, the place customers can contest outcomes by staking bonds. Whereas designed as a check-and-balance mannequin, that mannequin has been accused of leaving markets open to manipulation by bigger stakeholders.
Previous controversies, together with disputes over a Trump-related market, uncovered how simply resolutions may very well be overturned. Such incidents raised questions on equity and transparency, and fueled requires a extra goal settlement course of.
By adopting Chainlink’s deterministic oracle community, Polymarket seeks to handle these issues with cryptographic ensures fairly than neighborhood arbitration.
Wanting ahead, the partnership may increase past simple worth predictions. Polymarket and Chainlink are exploring apply the identical infrastructure to markets the place outcomes are much less clear-cut and traditionally resolved by social voting.
If profitable, that shift may decrease the danger of bias and assist prediction markets evolve into extra credible instruments for gauging real-world sentiment.
