Polymarket Integrates Chainlink Oracles to Boost Prediction-Market Resolution Accuracy
Partnership: Polymarket (a prediction-market platform built on Polygon) is using Chainlink’s oracle network to improve speed and accuracy of how markets are resolved.
Immediate Focus: Starting with asset-pricing markets; Chainlink data standard will be used for settlement logic on pricing events.
Live on Polygon: The integration is live on the Polygon mainnet already.
Expansion Plans: They’ll explore applying this to more “subjective” prediction markets (where outcomes are not purely numeric or price-based) to reduce bias.
Why It Matters: Faster, data-backed, and tamper-proof resolution helps build trust in prediction markets, especially for users who rely on these markets for forecasting real-world events.