Chainlink Powers Polymarket Price Resolutions, Replacing UMA Oracle

Chainlink Powers Polymarket Price Resolutions, Replacing UMA Oracle
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Polymarket has integrated Chainlink’s data streams as its new resolution source for price-based prediction markets. This move follows previous controversies surrounding UMA’s oracle system for subjective market outcomes. The partnership aims to enhance accuracy and trust in digital asset predictions.

  • Chainlink now resolves Polymarket price predictions using real-time data from 366 trading pairs, replacing UMA's disputed voting system
  • UMA's oracle remains for non-price markets but now uses an allowlist of 37 approved dispute proposers to prevent manipulation
  • The integration follows high-profile resolution controversies, including markets about Zelenskyy's suit and the Titan submersible
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