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September 12, 2025cryptonews logocryptonews

Chainlink Cements 62% Dominance After Inking Major Polymarket Deal to Supercharge Prediction Market Accuracy

Chainlink has deepened its grip on the oracle market after announcing a major partnership with Polymarket, the world’s largest on-chain prediction market, to enhance market resolution accuracy and ￰2￱ deal cements Chainlink’s dominance at 62% of the oracle sector, according to DeFiLlama , indicating its growing role as key infrastructure for decentralized finance.) September 12, 2025 Chainlink’s decentralized networks deliver low-latency, timestamped data while eliminating single points of failure, ensuring that resolutions are both secure and verifiable. Polymarket, which has grown rapidly since launching in 2020, has positioned itself as a global hub for real-time ￰3￱ platform recently acquired QCEX, a CFTC-licensed exchange and clearinghouse , in a $112 million deal to prepare for a return to the ￰4￱ has also partnered with X to integrate personalized market recommendations into the social platform .

X and Polymarket have joined forces to bring live prediction odds to the social timeline, replacing the short-lived Kalshi link-up. Real-time widgets and AI summaries seek to turn trending topics into quick crowd forecasts. #crypto #PredictionMarke … ￰0￱ — ￰5￱ (@cryptonews) June 6, 2025 The latest move with Chainlink further strengthens Polymarket’s infrastructure, reducing reliance on subjective voting systems and minimizing resolution risks in more complex market ￰6￱ co-founder Sergey Nazarov described the deal as a “pivotal milestone,” adding that resolving markets with tamper-proof computation and high-quality data transforms prediction markets into reliable signs “the world can trust.” The integration marks the beginning of a broader collaboration between the two companies, with plans to expand beyond asset-pricing into more subjective prediction ￰7￱ agreement comes at a time when Chainlink has accelerated its expansion into traditional finance and government-linked data ￰8￱ August 11, the firm partnered with Intercontinental Exchange (ICE) to provide on-chain foreign exchange and precious metals rates through its Data Streams, using ICE’s Consolidated Feed sourced from over 300 ￰9￱ weeks later, Japanese financial giant SBI Group revealed a collaboration with Chainlink to develop crypto tools for banks and institutions in Japan and the Asia-Pacific region, with an initial focus on tokenized bonds and stablecoin ￰10￱ Dept teams up with @Chainlink to bring official macroeconomic data onchain. #Crypto #Web3 ￰1￱ — ￰11￱ (@cryptonews) August 28, 2025 On August 28, the ￰12￱ of Commerce began publishing official economic data on-chain via Chainlink , including GDP and inflation indicators, marking the first time government statistics were made verifiable on blockchain ￰13￱ nearly $100 billion in total value locked in DeFi secured by its oracles and trillions of dollars in transaction value supported to date, Chainlink continues to assert itself as the backbone of decentralized data ￰14￱ Cleared by ￰15￱ as Platform Eyes Major Expansion The ￰16￱ of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) in July closed their investigations into Polymarket without taking enforcement ￰17￱ probes, launched in late 2022, examined whether the New York-based platform continued to allow ￰18￱ access after agreeing to block them under a prior ￰19￱ regulatory closure marks a turning point for Polymarket, which has since secured clearance to re-enter the ￰20￱ September 3, the CFTC granted a no-action letter covering event contracts through QCX LLC and QC Clearing LLC, entities Polymarket acquired earlier this year in a $112 million ￰21￱ relief provides a framework for offering compliant prediction contracts, shielding participants from enforcement tied to swap reporting and recordkeeping ￰22￱ has rapidly scaled into the largest prediction market globally, processing more than $8 billion in wagers, including $2.5 billion during the 2024 ￰23￱ ￰24￱ the first half of 2025 alone, users placed around $6 billion in bets.

Currently, the total volume of prediction markets is $1.1 billion, with Polymarket accounting for more than 25 million positions and a user base of more than 1.2 million ￰25￱ the stats from Polymarket (prediction markets): > traders: 1,2M+ > positions: 23M+ > total volume of prediction markets: $1,1B > total open interest: $279M > top 1 trader: +$21.8M PnL > top market by volume: F1 Drivers Champion found this stats and was surprised how… ￰26￱ — Ronin (@DeRonin_) September 3, 2025 The platform is also nearing a $200 million funding round led by Founders Fund that would value it at $1 billion. Meanwhile, Donald Trump Jr.’s 1789 Capital has joined as an investor and advisory partner , indicating growing institutional and political backing for the fast-expanding platform.

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