- •Polymarket will use Chainlink $LINK to resolve price-driven betting markets, improving accuracy and reducing tampering risks.
- •The integration is live on Polygon and focuses on asset price-based markets with automated, on-chain settlement.
- •Both companies are exploring methods to expand resolution to more subjective prediction markets in the future.
Polymarket will use Chainlink $LINK to resolve price-driven betting markets, aiming to improve the way outcomes are settled on its platform. This partnership is already live on Polygon and is designed to deliver faster and tamper-proof resolutions. The move reflects Polymarket’s goal to make its markets more reliable by integrating real-world data directly on-chain. It also shows how decentralized oracles are becoming key to the future of prediction markets.
Partnership Overview
Polymarket, a leading prediction market platform built on Polygon, has partnered with Chainlink to integrate its decentralized oracle network. This integration will feed verified price data directly into Polymarket’s contracts, allowing asset-price-related markets to settle as soon as they expire. By relying on Chainlink’s Data Streams, Polymarket expects to significantly reduce settlement delays and prevent tampering attempts that have been seen with governance-based resolution systems in the past.
Chainlink co-founder Sergey Nazarov highlighted the importance of this step, saying that tamper-proof computation and high-quality data can make prediction markets a trustworthy, real-time indicator of real-world events.
Related read: US Government to Publish Economic Data Onchain Initiative
Why This Matters for Market Integrity
Polymarket previously relied on optimistic oracle UMA for resolving markets, a model that occasionally led to disputes and governance attacks. Using Chainlink’s infrastructure means outcomes are determined by timestamped, verifiable price data instead of community votes. This should minimize human bias and reduce the risk of manipulation, a problem that has affected some controversial markets on Polymarket in the past.
For users, this means more consistent and faster results, especially in price-based markets where every second matters. With resolutions happening automatically as the market closes, traders no longer have to wait for manual verification before accessing their payouts.
Expanding Beyond Asset Prices
While the current focus is on price-driven betting, Polymarket and Chainlink have stated that they are exploring ways to expand this system to other markets. Subjective markets, such as those based on political events or public figures, are still challenging to automate because they require interpretation rather than pure data. Both companies are working on methodologies to make even these markets more objective, though there is no set timeline for when that might be implemented.
A Step Toward Broader Adoption
This integration comes shortly after regulatory developments in the United States, including a no-action letter from the Commodity Futures Trading Commission to a Polymarket-affiliated clearinghouse earlier this month. Together, these developments may signal that prediction markets are gaining legitimacy in both technology and compliance, potentially paving the way for broader use in finance and research.
Looking Ahead for Polymarket and Chainlink
Polymarket will use Chainlink $LINK to resolve price-driven betting, marking a notable step forward in prediction market reliability. By connecting to Chainlink’s decentralized data streams, Polymarket can provide users with faster, tamper-proof outcomes. The partnership currently focuses on objective price data but sets the stage for expanding into more complex markets in the future. If successful, this could make decentralized prediction markets a more trusted tool for analyzing real-world events.