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Polymarket US adds five-minute crypto wagers amid CFTC compliance review

The contracts, introduced October 28 on the CFTC-regulated US platform operated by QCX, pay one dollar per share on a correct call of whether a coin ends each five-minute window above or below its start price and settle on CF Benchmarks indexes averaged over the final 60 seconds. CoinDesk notes the launch comes as the CFTC examines Polymarket's compliance with its 2022 settlement, according to Reuters reporting.

Four coins, five-minute outcomes

Polymarket US introduced contracts on October 28 allowing participants to predict five-minute price moves in Bitcoin, Ethereum, Solana and XRP, according to CoinDesk. The products are available on the CFTC-regulated US platform operated by QCX.

Each contract pays one dollar per share for correctly predicting whether the relevant coin finishes a five-minute window above or below its starting price.

Settlement and regulatory context

Settlement uses CF Benchmarks indexes averaged over the window’s final 60 seconds, according to CoinDesk. That averaging period is part of the contract’s outcome calculation, rather than a single closing-price observation.

The launch also carries a regulatory backdrop. CoinDesk notes, citing Reuters reporting, that the CFTC is examining Polymarket’s compliance with its 2022 settlement.

What it means for prediction markets

  • Short-duration outcomes: The contracts offer five-minute directional predictions across Bitcoin, Ethereum, Solana and XRP, with a one-dollar-per-share payout for a correct call.
  • Settlement methodology matters: The final 60-second average of CF Benchmarks indexes determines settlement, making the specified benchmark and averaging window central to understanding an outcome.
  • Regulatory scrutiny remains relevant: The rollout on the CFTC-regulated platform operated by QCX comes alongside the examination of Polymarket’s compliance with its 2022 settlement.
PolymarketCFTCBitcoinEthereumSolanaInfiniti MarketsInfiniti Signals

Sources & attribution

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    CoinDeskcoindesk.com
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    https://www.coindesk.com
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