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The Financial Ways
The Financial Ways
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Cryptocurrency

Polymarket Expands High-Speed Betting to Gold and Silver

Polymarket has moved beyond cryptocurrency, introducing 15-minute prediction markets for gold and silver. Powered by an expanded partnership with Chainlink, the platform now offers short-duration price bets on precious metals, with plans to incorporate equities and foreign exchange products into its high-frequency trading ecosystem.

Polymarket Expands High-Speed Betting to Gold and Silver

The expansion follows $11 billion in cumulative trading volume across Polymarket’s existing five- and 15-minute crypto markets. By utilizing Chainlink Data Streams and the Chainlink Runtime Environment, the platform provides sub-second price delivery designed to remain resilient during blockchain congestion or cloud-service outages. According to Neal Kumar, Polymarket’s chief legal officer, this high-speed infrastructure is necessary to scale reliable 24/7 trading across diverse asset classes.

Unlike Polymarket’s UMA-resolved markets, which rely on a proposal-and-dispute procedure involving token-holder votes, these new up/down markets operate on a fixed comparison of time-weighted average price streams. The opening benchmark is measured against a final price at the end of the 15-minute window to determine the outcome. To support this, Chainlink is providing market makers and algorithmic traders with direct access to the same low-latency data feeds, allowing participants to price and hedge positions effectively as new markets roll out.

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