🚨 BREAKING 🚨 Polymarket is changing how short-term crypto markets settle after research found signs of last-second price manipulation.
💰 A study found 821 accounts made $8.2M during settlement windows classified as likely manipulated.
⚠️ Traders allegedly used large Binance trades in the final seconds of five-minute Bitcoin contracts to influence settlement prices before prices quickly reversed.
📉 93% of losses in the suspected manipulation windows were borne by retail traders, excluding market makers.
🔄 Polymarket will replace instant price snapshots with time-weighted average prices (TWAP): 30 seconds for 5-minute markets and 60 seconds for 15-minute and 4-hour markets.
🔗 The new pricing system will use Chainlink Data Streams, while Polymarket is also adding $1M in liquidity rewards during August.
🛡️ The change is designed to make brief price manipulation harder and more expensive, reducing the risk of traders exploiting settlement mechanics.
$BTC $ETH
#Polymarket
💰 A study found 821 accounts made $8.2M during settlement windows classified as likely manipulated.
⚠️ Traders allegedly used large Binance trades in the final seconds of five-minute Bitcoin contracts to influence settlement prices before prices quickly reversed.
📉 93% of losses in the suspected manipulation windows were borne by retail traders, excluding market makers.
🔄 Polymarket will replace instant price snapshots with time-weighted average prices (TWAP): 30 seconds for 5-minute markets and 60 seconds for 15-minute and 4-hour markets.
🔗 The new pricing system will use Chainlink Data Streams, while Polymarket is also adding $1M in liquidity rewards during August.
🛡️ The change is designed to make brief price manipulation harder and more expensive, reducing the risk of traders exploiting settlement mechanics.
$BTC $ETH
#Polymarket