Polymarket Expands Chainlink-Powered 15-Minute Markets to Gold and Silver

TL;DR: Polymarket and Chainlink announced an expansion of their oracle partnership on October 29, bringing high-speed up/down prediction markets to gold and silver and extending the concept beyond crypto assets. The announcement says Chainlink has supported more than $11 billion in trading volume on the platform, but that figure is not a forecast of what the new contracts will attract. Prediction markets need more than a collection of traders. They also need an agreed answer to the question being traded: what happened to the underlying price by the end of the contract? The shorter the contract, the more carefully that answer needs to be defined. That is the backdrop to a Chainlink announcement on October 29. It says Polymarket is deepening its use of Chainlink as an official oracle for rapid up/down markets, including new exposure to gold and silver. The companies describe an expansion of 15-minute formats into commodities, equities and foreign-exchange markets. Why the settlement data matters An up/down contract asks whether a reference price ends above or below a specified level at a particular time. That sounds straightforward, but two market-data sources can disagree briefly, e...