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Polymarket Expands Chainlink-Powered 15-Minute Markets to Gold and Silver

Polymarket and Chainlink announced an expansion of their oracle partnership on October 29, bringing high-speed up/down prediction markets to gold and…

Brief

By Dextape Desk ·

On October 29, Polymarket and Chainlink announced a wider oracle partnership that brings 15-minute up/down contracts tied to gold and silver. Chainlink serves as an official oracle for these rapid contracts, and the companies describe extending the format to commodities, equities and foreign-exchange markets. Each contract asks whether a reference price finishes above or below a set level, and the oracle determines which data enters settlement. Chainlink reports that its infrastructure has handled more than $11 billion of Polymarket trading volume to date, though the article presents that as past activity rather than a gauge of the new metals market. Spot metals, futures and other benchmarks may not move in lockstep, so each contract must name the authoritative feed. The article says the most useful next figures would be contract-level volume, order-book depth and dispute frequency.

Why it matters: It shows crypto-style market infrastructure being applied to financial questions beyond digital assets, where clear settlement rules determine outcomes.

Mentioned: Chainlink

Summary by Dextape, based on reporting by NewsBTC. Machine-written from NewsBTC’s report and checked against it · How Dextape writes

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Oracle
A service that brings outside information, such as asset prices, onto a blockchain for smart contracts to use.

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