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Chainlink Powers Polymarket Real-Time Predictions

Polymarket Integrates Chainlink for Enhanced Prediction Markets

  • Polymarket has integrated Chainlink‘s data services to enhance real-time asset pricing prediction markets.
  • The collaboration supports automated, tamper-proof market settlements on Polygon using Chainlink oracles and automation.
  • This integration aims to deliver accurate and timely resolutions for Polymarket’s prediction markets, starting with asset pricing.
  • Chainlink’s infrastructure has secured nearly $100 billion in DeFi total value and enabled tens of trillions in transaction value.
  • Polymarket recently acquired QCEX, a CFTC-licensed exchange, for $112 million, facilitating a return to the US market.

Polymarket’s adoption of Chainlink’s oracle infrastructure marks a significant advancement in creating reliable prediction markets on Polygon. This partnership is expected to enhance the accuracy and efficiency of market resolutions.

Source (3.2)https://cryptobriefing.com/real-time-prediction-markets-chainlink/?rand=59535
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