Polymarket adds rapid gold and silver contracts through Chainlink partnership
Polymarket's 15-minute up-or-down gold and silver markets are now live, its first fast markets outside crypto prices, settled with Chainlink pricing delivered through Data Streams. The expanded partnership builds on more than 11 billion dollars in 5- and 15-minute crypto market volume, with more commodities, equities and forex planned.
Polymarket has launched 15-minute markets on whether gold and silver prices will rise or fall, according to PR Newswire. The contracts mark its first fast markets based on prices outside crypto.
Precious metals extend the lineup
The gold and silver markets are now live. Chainlink serves as the official oracle, with pricing supplied through its Data Streams service used to settle the contracts, according to PR Newswire.
The launch expands the relationship between Polymarket and Chainlink beyond short-duration crypto markets. Those 5- and 15-minute markets have generated more than 11 billion dollars in volume powered by the partnership.
Further asset classes planned
More commodities, equities and forex are planned as part of the expansion, according to PR Newswire. The supplied announcement does not specify launch dates for those additional markets.
The immediate change is therefore a broader range of underlying prices for Polymarket’s fast contracts, with gold and silver joining crypto while retaining a 15-minute up-or-down format.
What it means for prediction markets
- Broader event coverage: The live contracts extend Polymarket’s fast-market offering beyond crypto prices for the first time.
- Settlement infrastructure: Chainlink pricing delivered through Data Streams provides the settlement reference for the gold and silver markets.
- Volume context: The more than 11 billion dollars cited relates to existing 5- and 15-minute crypto markets, not the newly launched precious-metals contracts.
- Expansion remains prospective: Additional commodities, equities and forex are planned, but their launch timing is not specified in the supplied material.
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