Polymarket Integrates Chainlink for Enhanced Prediction Market Accuracy
Polymarket has upgraded its infrastructure by integrating chainlink Data Streams and Automation, replacing its previous social voting mechanism with verifiable, oracle-based data feeds. The move aims to provide near-instantaneous, objective resolutions for billions of dollars in prediction market volume, starting with crypto asset pricing markets.
The integration leverages Chainlink's decentralized oracle network, which safeguards nearly $100 billion in DeFi value, to ensure timestamped data triggers automated settlements. This technical overhaul is now live on Polygon mainnet, marking a significant step toward trustless market resolutions.
Initial rollout focuses on hundreds of crypto pricing markets, reinforcing Polymarket's commitment to transparency and precision in real-world event forecasting.