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| Foto:x |
VISTORBELITUNG.COM,SAN FRANCISCO – Polymarket, the world's leading decentralized prediction market platform, has launched a game-changing feature for crypto enthusiasts: 15-minute "Up/Down" prediction markets, with settlement powered by the industry-standard decentralized oracle network, Chainlink.
The new offering drastically shortens the prediction cycle, allowing users to bet on whether the price of a major cryptocurrency (such as BTC or ETH) will be higher or lower in just 15 minutes. This move is set to capture the attention of day traders and high-frequency participants looking for immediate action and rapid market resolution.
The key enabler for these ultra-fast markets is the deep integration of Chainlink's oracle services. Traditionally, prediction markets have faced challenges with slow and sometimes dispute-prone resolution processes. By tapping into Chainlink’s robust infrastructure, Polymarket is directly addressing these hurdles.
The platform utilizes Chainlink Data Streams for low-latency, time-stamped, and verifiable price feeds, ensuring that market outcomes are resolved based on the most accurate and tamper-proof real-time data. Furthermore, Chainlink Automation handles the timely, automated on-chain settlement, guaranteeing that winning traders receive their payouts almost instantly after the 15-minute window closes.
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| Foto:x/chainlink |
"The launch of 15-minute markets, secured by Chainlink, represents a significant leap forward for the prediction market space," said a spokesperson for Polymarket. "By leveraging Chainlink's unparalleled oracle infrastructure, we can offer our users the speed, accuracy, and trust required for high-frequency trading decisions, transforming predictions into a reliable, real-time signal for the crypto world."
The launch is expected to significantly boost activity on Polymarket and attract a new segment of traders. The short time frame of the "Up/Down" markets appeals to users accustomed to the fast pace of crypto derivatives and futures trading.
The integration is currently live on the Polygon mainnet and covers popular crypto trading pairs. Beyond the deterministic price markets, the two entities are also exploring ways to apply Chainlink's data feeds to more complex and subjective event markets, with the long-term goal of reducing reliance on social voting and minimizing resolution risk across the entire platform.
Market analysts view this partnership as a crucial development for the wider DeFi sector, setting a new precedent for how decentralized platforms can utilize high-quality, secure oracle data to power financial applications requiring both speed and ironclad finality.