Polymarket integrates Chainlink to reduce the risk of tampering in price betting
Source: ForesightNews
Time: 2025-09-12 22:05:19
Polymarket integrates Chainlink to reduce the risk of tampering in price betting. The integration has been launched on Polygon and will focus on crypto asset prices in the early stages, while the two companies will explore potential applications in more subjective markets. This means that the asset price-based market will be settled based on data directly provided by Chainlink's decentralized oracle network. Polymarket currently relies on the UMA, the optimistic oracle system, to determine the results of its forecast market. This often leads to controversy over governance attacks that are designed to affect the outcomes of certain markets. Chainlink's infrastructure combines time-stamped price information (i.e., data flow) with automatic settlement tools.