Polymarket US expands crypto contracts with five-minute settlement windows
The contracts, launched on October 27, settle on whether each cryptocurrency finishes a five-minute window higher or lower, using CF Benchmarks pricing, with winning positions paying 1 dollar. The launch follows 15-minute, hourly and daily crypto markets added earlier in October.
Polymarket US has introduced five-minute price contracts for Bitcoin, Ether, Solana and XRP in its US app, according to FinanceFeeds. The contracts launched on October 27.
How the contracts work
Each contract settles on whether the relevant cryptocurrency ends a five-minute window higher or lower. The short duration makes each window a separate directional outcome.
Settlement uses pricing from CF Benchmarks, according to FinanceFeeds. Winning positions pay 1 dollar.
A shorter addition to the lineup
The launch follows the introduction of 15-minute, hourly and daily crypto markets earlier in October. The five-minute contracts add a shorter time horizon to that lineup.
What it means for prediction markets
- More time horizons: Participants can now access five-minute outcomes alongside the previously added 15-minute, hourly and daily crypto markets.
- A defined settlement reference: CF Benchmarks pricing determines the outcome, making that reference central to understanding how the contracts settle.
- A fixed winning payout: Winning positions pay 1 dollar; the outcome concerns price direction within the window, rather than the size of the move.
Sources & attribution
- Published
- Source
- FinanceFeedsfinancefeeds.com
- Publisher
- https://financefeeds.com
- Source URL
- The feed did not publish this story's article address.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to FinanceFeeds”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
- Kalshi and Polymarket traders canvass voters in person for a midterm information edge, PANews reports
- One Polymarket wallet holds 145,000 dollars of the top traders 229,000 dollars backing Democratic Senate control, Action Network reports
- Bitcoin tests 76,850 dollars support near 77,158 dollars as midterm trading continues, CoinEdition reports
- Polymarket US five-minute Bitcoin windows have settled Up in 49.5 percent of 3,374 windows since October 22, PredictionMarketsPicks reports
- Senate swing-states map market tops the cross-venue board at $6.8M traded in 24 hours on Election Day
- Polymarket lists 14,363 active markets for November, with the Elon Musk post count its most active market, Polymarket reports