TL;DR
- Polymarket integrated Chainlink’s oracle infrastructure to automate market resolutions and reduce disputes over settlements.
- The partnership combines Chainlink Data Streams and Chainlink Automation to deliver verifiable price reports and fast onchain settlements.
- Polymarket is seeking greater reliability after several controversies.
Polymarket announced the integration of Chainlink’s oracle infrastructure to improve the accuracy and speed of prediction market resolutions.
The platform, which allows users to trade on the outcome of future events, aims to automate the settlement process through verifiable data and onchain execution mechanisms. This partnership targets one of the sector’s most persistent problems: delays and disputes that create uncertainty among users and open the door to manipulation attempts.
What Will Chainlink Bring?
The integration combines Chainlink Data Streams, which generate timestamped, low-latency price reports, with Chainlink Automation, which executes settlements automatically at preset dates. The solution is already live on the Polygon mainnet for asset price markets, such as crypto pairs, and enables near-instant results that are resistant to outside interference. Both companies are also testing ways to apply this data to less clear-cut questions to reduce reliance on social voting mechanisms that have previously undermined the credibility of some markets.
Polymarket Aims to Overcome Its Limitations
Polymarket’s interest in strengthening its resolution processes comes after incidents involving governance attacks on external oracle systems and controversies that cast doubt on the reliability of certain outcomes. The platform had already tried to address these shortcomings by adopting upgraded versions of optimistic oracles, but it is now turning to a model based on cryptographically verifiable and tamper-resistant data.
For Chainlink, the partnership will help solidify the role of its oracle networks as a source of real-time signals that can sustain large-scale prediction markets. The company says that when outcomes are determined by high-quality data and tamper-proof computation, markets become reliable indicators that can be used by institutions and retail users as objective references.
Founded in 2020, Polymarket has grown into one of the leading prediction platforms in the crypto industry, used by both individual investors and organizations that treat market odds as an informational guide. Earlier this year, the company completed the acquisition of QCEX, a CFTC-licensed exchange, positioning it for expansion into the United States and strengthening its position in the market
