Saturday, April 18, 2026
16.8 C
New York

Polymarket taps Pyth Network to resolve new US equity and commodity markets


Polymarket, one of the world’s largest prediction market by volume, has integrated Pyth Network (PYTH) as the resolution source for a new set of daily markets tied to traditional financial assets. 

The initial markets cover commodities including gold, silver, WTI crude, and natural gas, alongside more than a dozen U.S. equities such as Tesla, Coinbase, Palantir, Nvidia, and Apple. The markets also extend to major equity indices and certain exchange-traded funds, with resolutions derived from Pyth’s pricing data, according to a statement shared with The Block.

“Millions of dollars can hinge on a single price point, and that demands absolute confidence in the source of truth,” Mustafa Aljadery, product lead at Polymarket, said in the statement, adding that Pyth “enables Polymarket to expand into high-stakes financial markets.”

Pyth has also introduced Pyth Terminal, a live data interface designed for real-time verification of its price feeds, per the statement. The terminal provides traders and developers with publisher-level transparency, benchmark comparisons for U.S. equities and FX, and a “price to beat” chart that updates every second.

Pyth describes itself as a global price layer that aggregates data from over 125 institutional participants, including global exchanges and top-tier market makers, to create a discovery system rooted in actual trading activity rather than third-party price aggregators.

Prediction markets face growth, scrutiny

The integration arrives as blockchain-based prediction markets continue to expand in scale and trading activity.

According to data from TRM Labs, monthly transaction volume across the sector has climbed from $1.2 billion in early 2025 to more than $20 billion.

Expand Chart

Polymarket has moved to capitalize on the growth. The company recently acquired crypto startup Brahma in a move aimed at strengthening wallet and automation tooling used by traders interacting with onchain markets.

The expansion has also attracted institutional interest. NYSE parent Intercontinental Exchange announced that it had invested another $600 million in Polymarket on March 26. The investment follows an initial $1 billion injection from ICE in October 2025 as part of a planned $2 billion funding arrangement with the prediction market platform.

However, the rapid scaling of these markets has drawn increased regulatory pushback. On March 17, a Buenos Aires court ordered a nationwide block of Polymarket in Argentina, directing the telecom regulator ENACOM to restrict access and ordering Apple and Google to remove the app from their local stores. Argentine authorities cited concerns over unlicensed gambling and the platform’s lack of robust identity verification.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.



Source link

Hot this week

What people in power think the impact of the Iran war will be

Faisal Islam talks to some of the world's...

Peru’s interim president defers $3.5 billion fighter jet purchase to the next government

LIMA, Peru -- Peruvian interim President José María...

Strategy Proposes Semi-Monthly Dividends for STRC Preferred Stock

TLDR: Strategy proposes semi-monthly STRC dividends to stabilize price...

Berkshire shares left behind as S&P 500 rallies to record high

(This is the Warren Buffett Watch newsletter, news...

Trump admin ends lease for CFPB's headquarters

The Treasury Department terminated the lease for the...

Latest Post

What people in power think the impact of the Iran war will be

Faisal Islam talks to some of the world's...

Strategy Proposes Semi-Monthly Dividends for STRC Preferred Stock

TLDR: Strategy proposes semi-monthly STRC dividends to stabilize price...

Paul Tudor Jones: Stock market will hit new lows even if Trump cuts China tariffs to 50%

Paul Tudor Jones, Tudor Investment Corporation founder and CIO...

Berkshire shares left behind as S&P 500 rallies to record high

(This is the Warren Buffett Watch newsletter, news...

Peru’s interim president defers $3.5 billion fighter jet purchase to the next government

LIMA, Peru -- Peruvian interim President José María...

Trump admin ends lease for CFPB's headquarters

The Treasury Department terminated the lease for the...
Demo

Related Articles

Popular Categories

Demo