Chainlink Cements 62% Dominance After Inking Major Polymarket Deal to Supercharge Prediction Market Accuracy
Chainlink has deepened its grip on the oracle market after asserting a significant partnership with Polymarket, the world’s largest on-chain prediction market, to improve market decision accuracy and velocity.
The deal cements Chainlink’s dominance at 62% of the oracle sector, according to DeFiLlama, indicating its rising function as key infrastructure for decentralized finance.
Chainlink Data Streams Now Power Bitcoin and Ether Prediction Markets on Polymarket
According to the announcement, Polymarket has built-in Chainlink’s Data Streams and Automation providers into its decision course of, with the system now reside on the Polygon mainnet.
The collaboration permits near-instant settlement of prediction markets, starting with asset-pricing markets on belongings reminiscent of Bitcoin and Ether.
Chainlink’s decentralized networks ship low-latency, timestamped information whereas eliminating single factors of failure, making certain that resolutions are each safe and verifiable.
Polymarket, which has grown quickly since launching in 2020, has positioned itself as a worldwide hub for real-time info.
The platform lately acquired QCEX, a CFTC-licensed exchange and clearinghouse, in a $112 million deal to put together for a return to the U.S. market. It has additionally partnered with X to integrate personalized market recommendations into the social platform.
X and Polymarket have joined forces to deliver reside prediction odds to the social timeline, changing the short-lived Kalshi link-up. Real-time widgets and AI summaries search to flip trending matters into fast crowd forecasts. #crypto #PredictionMarke…https://t.co/HBustPGwCk
— Cryptonews.com (@cryptonews) June 6, 2025
The newest transfer with Chainlink additional strengthens Polymarket’s infrastructure, decreasing reliance on subjective voting programs and minimizing decision dangers in additional complicated market sorts.
Chainlink co-founder Sergey Nazarov described the deal as a “pivotal milestone,” including that resolving markets with tamper-proof computation and high-quality information transforms prediction markets into dependable indicators “the world can belief.”
The integration marks the start of a broader collaboration between the 2 firms, with plans to develop past asset-pricing into extra subjective prediction classes.
The settlement comes at a time when Chainlink has accelerated its enlargement into conventional finance and government-linked information providers.
On August 11, the firm partnered with Intercontinental Exchange (ICE) to provide on-chain foreign exchange and treasured metals charges by way of its Data Streams, utilizing ICE’s Consolidated Feed sourced from over 300 marketplaces.
Two weeks later, Japanese monetary large SBI Group revealed a collaboration with Chainlink to develop crypto instruments for banks and establishments in Japan and the Asia-Pacific area, with an preliminary concentrate on tokenized bonds and stablecoin reserves.
U.S. Commerce Dept groups up with @Chainlink to deliver official macroeconomic information onchain.#Crypto #Web3https://t.co/etmPClbKwI
— Cryptonews.com (@cryptonews) August 28, 2025
On August 28, the U.S. Department of Commerce began publishing official economic data on-chain via Chainlink, together with GDP and inflation indicators, marking the primary time authorities statistics had been made verifiable on blockchain networks.
With almost $100 billion in whole worth locked in DeFi secured by its oracles and trillions of {dollars} in transaction worth supported to date, Chainlink continues to assert itself because the spine of decentralized information infrastructure.
Polymarket Cleared by U.S. Regulators as Platform Eyes Major Expansion
The U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) in July closed their investigations into Polymarket without taking enforcement action.
The probes, launched in late 2022, examined whether or not the New York-based platform continued to permit U.S. customers entry after agreeing to block them underneath a previous settlement.
The regulatory closure marks a turning level for Polymarket, which has since secured clearance to re-enter the U.S. market.
On September 3, the CFTC granted a no-action letter covering event contracts by way of QCX LLC and QC Clearing LLC, entities Polymarket acquired earlier this yr in a $112 million deal.
The reduction gives a framework for providing compliant prediction contracts, shielding individuals from enforcement tied to swap reporting and recordkeeping necessities.
Polymarket has quickly scaled into the most important prediction market globally, processing more than $8 billion in wagers, together with $2.5 billion throughout the 2024 U.S. election cycle. In the primary half of 2025 alone, customers positioned round $6 billion in bets.
Currently, the full quantity of prediction markets is $1.1 billion, with Polymarket accounting for greater than 25 million positions and a consumer base of greater than 1.2 million merchants.
The platform can also be nearing a $200 million funding round led by Founders Fund that might worth it at $1 billion.
Meanwhile, Donald Trump Jr.’s 1789 Capital has joined as an investor and advisory partner, indicating rising institutional and political backing for the fast-expanding platform.
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