The post Polymarket Integrates Chainlink to Enhance Prediction Markets appeared on BitcoinEthereumNews.com.

Key Points: Polymarket integrates Chainlink for automated prediction market settlements on Polygon. Enhanced accuracy and reduced risks in crypto asset markets. Chainlink data aims to address subjective market challenges. Polymarket has integrated Chainlink’s oracle network on Polygon to secure and automate the settlement of asset-price-related prediction markets, addressing latency and tampering concerns, announced September 12. This collaboration promises enhanced transparency and reliability, potentially impacting trading volumes and user trust in prediction markets within the cryptocurrency sector. Polymarket Teams with Chainlink for Accuracy in Crypto Settlements Polymarket, a decentralized prediction market platform, officially adopted Chainlink’s oracle network to improve asset-price-related settlement accuracy. Executed on Polygon, this initiative targets automating the resolution of prediction markets to improve trust and effectiveness. Reactions across the industry have been mostly positive, with figures like Chainlink co-founder Sergey Nazarov lauding Polymarket’s move. Nazarov emphasized the reliability and trustworthiness this integration brings to prediction markets. “Polymarket’s decision to integrate Chainlink’s proven oracle infrastructure is a pivotal milestone that greatly enhances how prediction markets are created and settled. When market outcomes are resolved by high-quality data and tamper-proof computation from oracle networks, prediction markets evolve into reliable, real-time signals the world can trust.” — Sergey Nazarov, Co-founder, Chainlink Shift from UMA to Chainlink Enhances Market Credibility Did you know? The adoption of Chainlink oracles marks a shift from Polymarket’s previous reliance on UMA’s optimistic oracle mechanism, which faced controversies in subjective market resolution. CoinMarketCap reports Polygon’s fully diluted market cap at $2.18 billion, with MATIC experiencing a 56.86% drop over 90 days. High trading volumes show market activity despite recent price declines. Chainlink Keepers Live on Polygon Mainnet for Smart Contract Automation. Polygon(MATIC), daily chart, screenshot on CoinMarketCap at 06:48 UTC on March 24, 2025. Source: CoinMarketCap Insights from the Coincu research team indicate this integration positions Polymarket…

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Filed under: News - @ September 12, 2025 5:27 pm