Polymarket’s daily trading volume jumps to $153 million thanks to Chainlink


Polymarket’s 5-Minute Forecast market has exploded, transforming from beta to one of the most liquid marketplaces in the DeFi sector, with daily sales of $153 million and a total of $4 billion, including $200 million in the first week alone. Network terms A link in the chain The main driver behind the technical skills.

This significant increase, which is confirmed by the data available on the Internet through hidden analysis methods, represents an increase of almost 400% over the previous initial figures, and the weekly growth continues to increase by three times according to new reports.

Why 5 minute markets need Oracle architecture?

Standard oracle architectures that are designed to set markets on an hourly or daily basis can tolerate small delays; A delay of 30 seconds in price adjustment may not be useful when the contract is settled within 48 hours. But in markets with 5-minute forecasts, this delay is the difference between a good settlement and price control, which is why Polymarket has adopted a very different implementation of the oracle.

They provide a mix of Data Streams technology from A link in the chainpublished on the Polygon network where the Polymarket live event takes place, reports price jumps at intervals of less than a second. Using Chainlink Automation technology to solve the chain’s stability issues, the system manages the whole process (price verification, contract settlement, and USDC payment) without human intervention and away from the risks that would lead to centralized pricing.

These presentations provide a formal pricing system that initiates a collective bargaining process, eliminating the need for central government. The number of transactions that pass through this infrastructure is huge, with more than 3,000 merchants using Chainlink Data Streams technology on integrated platforms. The Dashlink Dashboard shows a direct correlation between Polymarket’s high volumes and the low LINK savings on the exchange, with whales releasing products when network usage peaks.

The establishment of the USDC as a natural hedge in these markets has also helped to accelerate the participation of institutions in the development of funds. The lure looks good; The platform you came across Objections related to insider trading In its long markets, it now offers a feature that reduces the asymmetry information to only 5 minutes.

However, risks still exist; Short timeframes increase volatility, high-frequency trading (HFT) can confuse small traders, and any delay, even if rare, can have negative consequences when fixed windows are measured in minutes. But the sales data proves that this feature is meeting the needs that no similar sales tool had before.

Convergence Hackathon Finally: Liquid Chain Project Receives Grand Prize

Project is successful Liquid Chain He hit the jackpot after building a Unified Liquidity Layer that invests heavily in multiple Layer-2 networks, relying on Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the communications backbone.

This project solves a real and expensive problem; Assets in Layer 2 networks require manual control, causing slippage and latency, risks that institutional investors cannot accept.

The Liquid Chain architecture allows users to transfer assets between chains without the need to connect to bridges, as the CCIP protocol performs authentication and message routing. This job has been sent Building the third layer (Layer-3) of sustainable finance As a reliable solution to the problem of fragmentation, which was supported by the judges of the hackathon.

Some of the most popular posts at the hackathon focused on global asset allocation (RWA) and DeFi automation, which shows how the Chainlink developer team is thinking about infrastructure rather than consumers. The CCIP approval rate confirms the success of Chainlink’s communication system, while applications for idle sites are hitting record numbers on Polymarket.

A note Polymarket’s daily trading volume jumps to $153 million thanks to Chainlink appeared for the first time Cryptonews Arabic.





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