Chainlink Powers Faster Crypto Prediction Markets on Polymarket

LINK-0.07%
BTC-0.59%
SOL0.31%

  • Chainlink is enabling Polymarket to launch a new 5-minute crypto market, allowing users to predict whether Bitcoin’s five-minute candles close up or down.
  • Polymarket trading volume reached $3.4B in January and $4.9B so far in 2026 as speculation on a $POLY token airdrop rises.

Chainlink has become a central part of Polymarket’s latest upgrade as the prediction platform launches new 5-minute crypto markets. The update arrives during a period of rapid growth for the protocol and coincides with increasing speculation about a future $POLY token. The shorter markets allow users to trade on whether Bitcoin’s five-minute candles will close up or down. Liquidity providers also receive market maker rebates as part of the product design. Polymarket, which recently expanded to Solana, has continued to attract traders who prefer short settlement periods. The launch followed token speculation sparked by Polymarket’s trademark filing for the $POLY ticker.

NOW LIVE: @Polymarket launches new 5-minute crypto markets powered by Chainlink.

This expands on the success of Polymarket’s 15-minute markets, with both secured by Chainlink Data Streams across hundreds of crypto pairs.

Fast markets 🤝 Fast data pic.twitter.com/ngPb8RC9sP

— Chainlink (@chainlink) February 13, 2026

Trading activity on the platform has surged, with more than $3.4 billion processed in January, matching the total amount the platform recorded in its first three years. So far in 2026, Polymarket, after receiving full CFTC approval in the US, has cleared $4.9 billion in cumulative volume. The company’s most recent funding round placed its valuation at $9 billion following a $2 billion investment led by Intercontinental Exchange, the parent company of the New York Stock Exchange. Chainlink Data Streams Strengthen Short-Duration Markets The new 5-minute markets build on the structure used in Polymarket’s existing 15-minute markets. The mechanics will not change, allowing users to move between either duration without changing their normal trading process. The shorter format increases the number of outcomes during volatile periods, which creates a need for reliable real-time pricing. Both the 5-minute and 15-minute markets use Chainlink data streams to provide price updates from major trading venues. The system, as a result, covers hundreds of cryptocurrency pairs and is built to lower the risk of delays during fast crypto market swings. This structure is aimed at preserving data accuracy when trades settle within minutes. Polymarket said the product relies on an oracle-based resolution method that supports rapid settlement without reducing data quality. The approach is meant for users who open and close positions at a fast pace, as inaccurate references can create errors in short-interval trading. Chainlink’s involvement extends beyond price feeds. As CNF reported, the network has expanded its interoperability and oracle standards across 12 blockchains and eight services. Chainlink co-founder Sergey Nazarov was also recently appointed to the CFTC’s Innovation Advisory Committee, which Ripple co-founder (also a member) dubbed the “Olympics crypto roster” as we reported. At press time, the Chainlink (LINK) price was up 6.5% to trade at** $8.98**.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

CFTC Chair: Will Issue Regulatory Guidance for Prediction Markets to Establish Clear Rules for New Types of Event Contracts

U.S. Commodity Futures Trading Commission Chairman Mike Selig announced the release of clear guidance targeting prediction markets to help trading platforms understand CFTC expectations for new contracts, ensure transparent rules, and prevent market manipulation and abusive conduct.

GateNews3h ago

US CFTC Chair: Will Issue Clear Guidance on Prediction Markets to Prevent Manipulation and Insider Trading

US CFTC Chair Mike Selig released prediction market guidance aimed at helping trading platforms understand regulatory expectations to ensure transparent rules for new contracts and prevent manipulation and abuse. Additionally, a proposed rule prenotice will be released to establish clear rules of conduct for new markets.

GateNews3h ago

Utah HB243 Bill Defines Prediction Markets as Gambling, Kalshi Files Federal Lawsuit

Utah HB243 bill classifies "proposition betting" as gambling and is expected to be signed by the governor, which will ban platforms like Kalshi from operating. Kalshi has filed a federal lawsuit, arguing that its contracts are derivatives. The CFTC chairman stated that the agency will defend its regulatory authority.

GateNews6h ago

Two high win-rate addresses invested $15,000, betting that the US-Iran ceasefire will not happen before May

On March 12, PolyBeats detected two high-win-rate addresses betting on prediction markets that "the US and Iran will not cease fire before May," with a combined investment of $15,000 at a current price of 52.5¢. Meanwhile, Iran escalated attacks on Gulf shipping, causing a halt to traffic through the Strait of Hormuz, with analysts seeing no signs of de-escalation.

GateNews7h ago

Wall Street Giants Bet on Prediction Markets: Open Interest Reaches New $1.2 Billion High, US Congress Prepares to Regulate

As prediction market trading volumes expand, major Wall Street brokerage firms are gradually entering the sector. However, legislators have expressed concerns about potential risks and plan to implement new regulatory measures. Institutional capital and young investors are driving market growth, but regulators are increasingly focused on the rapid expansion.

GateNews7h ago

Three high-profit accounts invested $13,300, betting that Israel will launch a large-scale ground offensive in Lebanon this month.

Forecast Market Platform data shows that three accounts have a total investment of $13,300, betting that Israel will launch a large-scale offensive against Lebanon before March 31, with a current probability of 68.5%. Although the Israeli military supports the operation, the United States remains cautious.

GateNews8h ago
Comment
0/400
No comments