Chainlink joins forces with Polymarket to hasten the creation of a $100 billion Oracle network, fostering collaborative growth in the sector.
In a significant move for the cryptocurrency industry, Chainlink and Polymarket have announced a partnership to improve the resolution of prediction markets on the Polygon network. This collaboration marks the first live integration on the mainnet of Polygon for Chainlink, and the first for Polymarket as well.
The integration of Chainlink Data Streams and Chainlink Automation enhances the speed and credibility of prediction markets on Polymarket. Chainlink's decentralized oracle network connects blockchains to the physical world, enabling Polymarket to automatically and safely settle markets. This partnership aims to improve the resolution of the market through the application of tamper-proof, cryptographically secure data.
The collaboration also enhances the credibility and scalability of the Polymarket platform. With Chainlink's extensive use in lending platforms, derivatives, and prediction markets, it currently protects close to $100 billion DeFi assets. The partnership allows users of Polymarket to trade hundreds of crypto trading pairs using real-time price feeds, further increasing the platform's appeal.
The LINK, Chainlink's native token, has seen a 5% increase following the announcement, with the price reaching $24.70. The LINK market cap is currently over $16 billion, and it trades more than $1 billion per day, indicating great market interest.
In addition to its collaboration with Chainlink, Polymarket has also announced its return to the regulated U.S. market by purchasing QCEX, a licensed CFTC exchange and clearinghouse, for $112 million. This move is expected to further boost the credibility of Polymarket's prediction markets.
Polymarket is also collaborating with X (formerly Twitter) to merge social and financial information for market advice. This integration reduces the use of social voting, thus reducing the chances of wrong market results.
The widespread use of Chainlink puts LINK in a good position to succeed in the future, despite the unstable crypto markets. With its decentralized network eliminating single points of failure, providing 24/7 data integrity and availability, Chainlink continues to demonstrate its value in the cryptocurrency ecosystem.
The partnership between Chainlink and Polymarket was announced on September 12, 2025, and it is set to revolutionize the prediction market landscape on Polygon. This collaboration is a testament to the power of decentralized technology and its potential to transform various industries.
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