Polymarket has launched markets tied to equities, commodities and exchange-traded funds that use price data from blockchain oracle provider Pyth Network as the resolution source for daily contracts.
The new offering includes daily up-or-down and closing-price contracts for major equity indexes, commodities such as gold and oil, and a selection of US-listed stocks. Outcomes are settled automatically using Pyth’s real-time price feeds, and contracts reset at the end of each trading session. The initial roster covers more than a dozen US-listed stocks, including Tesla, Nvidia and Apple.
By adopting Pyth as the resolution layer, Polymarket replaces manual or exchange-specific reference points with a standardized data source aggregated from trading firms and market makers. Pyth also launched a data interface called Pyth Terminal, where users can track live price feeds and the reference values used to settle Polymarket events. Traders can follow a continuously updating “price to beat” as markets move.
Polymarket’s platform lets users take positions on outcomes of real-world events—sports, elections, financial markets and weather—where contracts resolve based on whether specified conditions are met.
Last week, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, said it completed a $600 million cash investment in Polymarket and intends to acquire up to an additional $40 million in shares from existing holders as part of a broader multibillion-dollar commitment to the platform.
Oracles expand beyond crypto into real-world data infrastructure
Oracle networks that bring off-chain data—prices, FX rates and commodity values—onchain are broadening into financial, government and prediction-market use cases. Chainlink and Pyth Network have been selected by US government agencies to publish economic data onchain, including GDP and inflation metrics, an announcement that propelled the PYTH token up more than 70% in a single day and pushed its market capitalization past $1 billion.
Oracle providers are also being used to power prediction markets and real-world event data. For example, RedStone integrated CFTC-regulated Kalshi data across many blockchains. Chainlink has rolled out 24/5 price data for US equities and ETFs to crypto platforms, enabling trading, lending and derivatives tied to tokenized stocks outside standard market hours. Ondo Finance integrated Chainlink feeds as the data provider for tokenized US equities on its platform, supporting lending and collateralization.
Market-share data from DeFiLlama shows a concentrated oracle market: Chainlink accounts for roughly 64% of total value secured, while other providers including RedStone and Pyth each hold around 5%.
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