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Polymarket Expands Fast-Trade Markets With Chainlink Oracle Deal

Summarized from All Financial Services & Investing

Polymarket deepens its Chainlink partnership to power 15-minute prediction markets across commodities, equities, and forex.

Polymarket Expands Fast-Trade Markets With Chainlink Oracle Deal

Polymarket, the global prediction market platform, has expanded its strategic partnership with Chainlink, designating the blockchain oracle network as the official data provider for its high-speed up/down trading markets. The move builds on more than $11 billion in trading volume already processed through Chainlink's infrastructure.

The expanded agreement extends Polymarket's 15-minute markets beyond their existing scope into commodities, equities, and foreign exchange. The platform is also launching gold and silver trading as part of the rollout, broadening its asset coverage for participants who use short-duration prediction contracts to take positions on near-term price direction.

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Chainlink serves as the oracle layer that feeds real-world price data into Polymarket's smart contracts, a function that becomes increasingly critical as the platform moves into assets with tightly watched spot prices such as precious metals and currency pairs. The reliability and speed of that data pipeline directly determines settlement outcomes in markets that resolve within minutes.

The partnership underscores a broader trend of prediction market platforms seeking institutional-grade data infrastructure as they compete for trading volume previously concentrated on traditional derivatives exchanges. By anchoring settlement to a widely used oracle standard, Polymarket is signaling an intent to attract more sophisticated participants alongside its existing retail base.

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Frequently Asked Questions

Q.What is Chainlink's role in Polymarket's trading markets?

Chainlink serves as the official oracle, supplying real-world price data to Polymarket's smart contracts so that 15-minute up/down markets can settle accurately and quickly.

Q.How much trading volume has Chainlink already powered on Polymarket?

Chainlink has powered more than $11 billion in trading volume on Polymarket prior to this expanded partnership.

Q.What new asset classes is Polymarket adding with this expansion?

Polymarket is extending its 15-minute markets to commodities, equities, and forex, and is specifically launching gold and silver trading as part of the rollout.

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