Polymarket Integrates Chainlink Oracles Amid Demand Blowout

Crypto prediction platform Polymarket has entered into a major partnership with oracle provider Chainlink to enhance the accuracy and reliability of its prediction market resolutions. This collaboration is set to speed up how markets are settled while reducing the risks tied to human-based resolution methods.

Polymarket Taps Chainlink for Faster, Automated Market Settlements

Polymarket, which recently secured massive funding, has long been known as a platform where users can bet on real-world outcomes, ranging from crypto prices to global events. With this new setup, the platform will use Chainlink’s trusted data feeds instead of slower and less reliable methods. 

As announced, the integration brings together Chainlink’s Data Streams and its Automation service. This makes it possible to settle markets directly on-chain in real time, based on preset conditions. For instance, a market predicting Bitcoin’s price in the next 15 minutes can be resolved automatically without needing manual input.

In a recent post shared on X, Polymarket confirmed the partnership, stating that this the start of a new era for faster, more automated prediction markets. For Polymarket users, this partnership brings clear benefits. Predictions will be settled more quickly, with results powered by Chainlink’s trusted data feeds. 

Going Beyond Price-Based Predictions

The two firms revealed that the first phase of the partnership will focus on asset pricing markets, with plans to expand into other areas in the future. Nevertheless, the collaboration has a broader vision. Both companies are exploring how Chainlink’s oracles could be used to resolve prediction markets on more subjective topics. 

This would reduce reliance on social voting, which can sometimes delay or complicate market resolutions. 

Chainlink explained that its goal is to minimize resolution risk and make prediction markets more dependable. The company has been gaining momentum in this field, recently partnering with the U.S. Commerce Department to put official GDP data on blockchain networks.

Polymarket Makes A Reentry Into the U.S. Market

This announcement comes shortly after Polymarket reentered the U.S. market, creating more new markets than ever before. 

The platform received approval from the Commodity Futures Trading Commission (CFTC), giving it the green light to operate again in the country.

To support this rollout, Polymarket has already integrated Chainlink’s data standard on the Polygon mainnet. This move allows the platform to create secure, real-time prediction markets across hundreds of live crypto trading pairs.

This removes the need to rely on human voting, making outcomes safer and more reliable. As the partnership grows, users will also see more types of markets, from crypto prices to bigger real-world events.