Polymarket has introduced a new prediction market with 15-minute intervals, powered by decentralized oracles from Chainlink. Now users can bet on short-term price movements of popular cryptocurrencies.
The Chainlink oracle network supplies the system with verified real-time data, which determines the outcome of bets. The idea is simple — guess whether the price will rise or fall in 15 minutes and get the result almost instantly. The new format is aimed at active traders who value speed and engagement.
Polymarket integrated Chainlink oracles into its new prediction market
Today, the Polymarket team revealed details: their 15-minute crypto prediction market operates on the same principles as classic platforms, but with much higher betting frequency.
Users choose “yes” or “no” by buying corresponding shares for an amount from $0 to $1. For example, if a “yes” share costs $0.4, it means the market estimates the probability of the event at 40%.
The entire system is built on decentralized oracles from Chainlink, which collect price data from various verified sources. This makes predictions more transparent, reliable, and protected from manipulation. Oracles guarantee an accurate settlement price at the end of the deal, eliminating reliance on centralized intermediaries.
For settlements, Polymarket uses the stablecoin USDC. All transactions are processed on the Polygon network, enabling fast processing and minimal fees. The platform remains non-custodial — users fully control their assets throughout trading.
Polymarket bets on short-term predictions
The new feature comes amid growing interest in the platform. Trading volumes on Polymarket have surged, especially during the US elections. Now the team hopes to attract not only retail users but also experienced traders who value speed and clarity of results.
The 15-minute betting format is inspired by classic financial instruments like options and futures with second-by-second trading. The main difference is a simplified approach. No brokerage accounts or leveraged trading are needed — anyone can participate, with no extra barriers.
Polymarket wants to simplify short-term trading so anyone can bet on price rise or fall directly online, without brokers or unnecessary complications. Everything runs on blockchain: transparent, fast, without intermediaries.
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This month, the project received significant backing, with Intercontinental Exchange, owner of the New York Stock Exchange, investing $2 billion. The bet is simple: turn decentralized predictions into a full-fledged tool for the financial world.
After the deal, Polymarket strengthened its position and is ready to relaunch in the US market. The platform’s valuation rose to $9 billion. Now it’s no longer just a “betting service,” but a full-fledged tool for analyzing market sentiment. ICE has already started integrating Polymarket data into its financial products.
BTC, ETH, and SOL may be added to Polymarket’s 15-minute betting assets
The new short-term markets are already live. You can access them from both laptop and smartphone. All operations happen directly on the blockchain, with privacy and anti-manipulation protection built into the system.
Which assets will be in the first wave? Officially not announced yet, but users expect BTC, ETH, and Solana. Thanks to the decentralized architecture, anyone can participate, wherever they are. The data is open and everything can be verified.
Currently, the platform operates on the Polygon blockchain and does not use its own token. Most traffic comes from hype around trending topics, from politics to sports. Polymarket has its own unique category system, combining real-world events with the influence of social media and news.
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The release comes amid increased activity: open interest on the platform reached $172 million — the highest in the past year. Polymarket also recently started accepting bitcoin deposits and continues to develop on the Polygon network.
According to Dune Analytics, in October alone users made over 400,000 transactions, including orders via Negrisk and CTFExchange. Given this momentum, the company is already discussing a possible token launch via airdrop or even an IPO in the US next year.
