Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Polymarket just made Bitcoin bets settle instantly with Chainlink upgrade

Polymarket just made Bitcoin bets settle instantly with Chainlink upgrade

CryptoSlateCryptoSlate2025/09/12 07:52
By:Oluwapelumi Adejumo

Polymarket has launched a new integration with Chainlink that upgrades how its prediction markets are priced and settled, according to a Sept. 12 statement shared with CryptoSlate.

The rollout connects Chainlink’s oracle infrastructure to Polymarket’s platform on Polygon mainnet, giving traders access to faster, tamper-resistant data feeds and automated settlement tools.

The system pairs Chainlink Data Streams, which deliver low-latency, timestamped market prices, with Chainlink Automation, which executes on-chain resolution at predetermined times.

Together, the two features remove delays in verifying market outcomes and reduce the possibility of disputes.

For users, this means price-based markets, such as Bitcoin or Ethereum forecasts, can close and settle almost instantly once conditions are met.

Chainlink co-founder Sergey Nazarov said the integration turns speculative predictions into “reliable, real-time signals the world can trust,” highlighting the push to make markets depend on verifiable cryptographic truth rather than subjective decision-making.

Addressing governance challenges

The shift toward Chainlink’s oracle framework comes at a time when Polymarket faces mounting scrutiny over governance.

Polymarket has been criticized for its reliance on UMA’s optimistic oracle, where users can contest outcomes by staking bonds. While designed as a check-and-balance model, that model has been accused of leaving markets open to manipulation by larger stakeholders.

Past controversies, including disputes over a Trump-related market, exposed how easily resolutions could be overturned. Such incidents raised questions about fairness and transparency, and fueled calls for a more objective settlement process.

By adopting Chainlink’s deterministic oracle network, Polymarket seeks to address those concerns with cryptographic guarantees rather than community arbitration.

Looking forward, the partnership could expand beyond straightforward price predictions. Polymarket and Chainlink are exploring how to apply the same infrastructure to markets where outcomes are less clear-cut and historically resolved through social voting.

If successful, that shift could lower the risk of bias and help prediction markets evolve into more credible tools for gauging real-world sentiment.

The post Polymarket just made Bitcoin bets settle instantly with Chainlink upgrade appeared first on CryptoSlate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Hyperliquid stablecoin about to launch: Why did the new team Native Markets acquire USDH?

Even the arrival of Paypal is not enough.

Chaincatcher2025/09/13 04:18
Hyperliquid stablecoin about to launch: Why did the new team Native Markets acquire USDH?

Figure Founder’s Letter: DeFi Will Eventually Become the Mainstream Method for Asset Financing as the First RWA Stock

Blockchain has completely reshaped how assets are initiated, traded, and financed. This is not just a fintech makeover that puts "lipstick on a pig" of old things, but rather an entirely new capital market ecosystem.

链捕手2025/09/13 03:33
Figure Founder’s Letter: DeFi Will Eventually Become the Mainstream Method for Asset Financing as the First RWA Stock

Bitget Wallet monthly active users surpass 12 million, ranking first in global wallet downloads in August

Bitget Wallet, a leading global Web3 wallet, reached a milestone this August with over 12 million monthly active users (MAU). During the same period, according to data from the Apple App Store and Google Play Store, its app downloads reached 2 million, ranking first among global Web3 wallets.

Bitget Wallet2025/09/13 02:51
Bitget Wallet monthly active users surpass 12 million, ranking first in global wallet downloads in August