Polymarket extends short-duration trading to precious metals using Chainlink prices
Token10x reports Polymarket has launched 15-minute up-or-down markets for gold and silver, expanding its short-duration contracts beyond crypto, with Chainlink Data Streams supplying XAU/USD and XAG/USD prices for settlement. Chainlink has already supported more than 11 billion dollars in volume across Polymarket 5- and 15-minute crypto markets, and further commodities, equities and foreign-exchange markets are planned.
Polymarket has introduced 15-minute up-or-down markets for gold and silver, taking its short-duration contracts beyond crypto, according to Token10x.
The launch gives participants a new pair of assets on which to express short-term directional views. The contracts focus on whether gold or silver prices move up or down within a 15-minute window.
Chainlink supplies settlement prices
According to Token10x, Chainlink Data Streams provides the XAU/USD and XAG/USD prices used to settle the new markets. That makes the price feed central to determining contract outcomes.
Chainlink already supports Polymarket’s 5- and 15-minute crypto markets. Token10x reports that those markets have accounted for more than 11 billion dollars in volume supported by Chainlink; that figure is not volume for the newly launched metals contracts.
Broader asset coverage planned
Further commodities, equities and foreign-exchange markets are planned, according to Token10x. The supplied summary does not specify a rollout timetable or identify the additional assets.
What it means for prediction markets
- More underlying assets: Gold and silver extend Polymarket’s short-duration format beyond crypto while retaining a 15-minute directional proposition.
- Settlement feeds matter: Chainlink Data Streams supplies the XAU/USD and XAG/USD reference prices that determine outcomes.
- Expansion remains prospective: The planned commodities, equities and foreign-exchange markets signal a broader scope, but the available information does not establish when they will launch.
Sources & attribution
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- Token10x
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