Polymarket Partners with Chainlink for Enhanced Market Resolutions
Polymarket, a decentralized prediction market platform, announced on Friday that it is integrating Chainlink’s oracle network to boost the accuracy and speed of its market resolutions.
According to a press release data, Polymarket has teamed up with Chainlink to incorporate its data standards into Polymarket’s resolution process.
The initial focus of this collaboration will be on improving the accuracy and speed of asset pricing resolutions, with plans to eventually expand into other markets.
The integration of Chainlink for pricing predictions is already live on the Polygon mainnet, and the two companies anticipate exploring additional prediction markets using Chainlink in the future.
This partnership represents a significant advancement for Polymarket, which operates on the Polygon blockchain — a layer-2 (L2) Ethereum scaling solution — serving as its foundational network.
Since its launch in 2020, Polymarket has established itself as a prominent crypto-enabled prediction market platform, allowing users to place bets on future events using digital assets like Circle’s USDC (USDC) stablecoin on the Polygon blockchain.
While Polygon aims to provide faster and cost-effective transactions by processing them off the main Ethereum chain, Chainlink offers an oracle network that connects smart contracts on the blockchain to real-world external data.
Thus, although Polygon is the default chain for Polymarket, Chainlink will actively send data to finalize market settlements within the Polygon chain in practice.
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“Polymarket’s decision to integrate Chainlink’s proven oracle infrastructure is a pivotal milestone that significantly enhances how prediction markets are created and settled,” said Chainlink co-founder Sergey Nazarov, adding:
In addition to the pricing market integration, which allows for clear and definitive resolutions, Polymarket and Chainlink will investigate methodologies to incorporate additional prediction markets, as indicated in the announcement.
Beyond pricing predictions, Polymarket and Chainlink are also looking into how to utilize oracle networks for more subjective questions, traditionally reliant on social voting mechanisms. The companies claim that expanding into these markets could further reduce bias and enhance the integrity of resolutions.
This announcement followed the recent issuance of a no-action letter from the US Commodity Futures Trading Commission to a clearinghouse that Polymarket acquired in early September, reflecting a softening stance from US regulators regarding crypto enforcement in 2025.
In late August, Polymarket added Donald Trump Jr. to its advisory board after securing investment from 1789 Capital, thereby aligning the prediction market more closely with US politics.
