Polymarket has rolled out markets tied to equities, commodities and ETFs that use price feeds from blockchain oracle Pyth Network to settle daily contracts. The new products include 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. Contracts settle automatically using Pyth’s real-time prices and reset at the end of each trading session. The initial lineup covers more than a dozen US stocks, including Tesla, Nvidia and Apple.
By adopting Pyth as the resolution layer, Polymarket replaces manual or exchange-specific reference points with a standardized onchain data source aggregated from trading firms and market makers. Pyth also launched Pyth Terminal, an interface where users can monitor live price feeds and the exact reference values used to settle Polymarket events, including a continuously updating “price to beat” as markets move.
Polymarket’s platform allows users to take positions on real-world events across sports, elections, financial markets and weather, with contracts resolving automatically when specified conditions are met.
The move follows a major strategic investment by Intercontinental Exchange (ICE), the NYSE’s parent company, which recently completed a $600 million cash investment in Polymarket and signaled plans to acquire up to an additional $40 million in shares as part of a broader, multibillion-dollar commitment to the platform.
Oracles broadening into real-world data infrastructure
Oracle networks that bring off-chain prices, FX rates and economic metrics onchain are increasingly used beyond pure crypto use cases. Both Chainlink and Pyth Network have been selected by U.S. government agencies to publish economic data such as GDP and inflation onchain — an announcement that sent PYTH token prices sharply higher and pushed its market capitalization past $1 billion.
Oracle feeds are also powering prediction markets and real-world financial data integrations. Examples include RedStone’s integration of CFTC-regulated Kalshi data, Chainlink’s rollout of 24/5 price data for U.S. equities and ETFs to crypto platforms (enabling trading, lending and derivatives tied to tokenized stocks outside standard market hours), and Ondo Finance’s use of Chainlink feeds for tokenized U.S. equities to support lending and collateralization.
Market-share figures from DeFiLlama show a concentrated oracle market: Chainlink secures roughly 64% of total value, while providers such as RedStone and Pyth each account for around 5%.
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