Polymarket, the world's largest prediction market platform, has integrated Pyth Pro as its real-time data source for a new category of contracts based on traditional financial assets. This integration marks a significant expansion for the platform beyond crypto-centric events into gold, silver, stock indices, and individual U.S. equities.
The new markets include daily up-or-down and closing price contracts for major equity indexes, commodities such as gold and oil, and more than a dozen individual U.S. stocks, including high-volatility names like Tesla (TSLA), Nvidia (NVDA), Apple (AAPL), Coinbase (COIN), and Palantir (PLTR). Outcomes for these contracts are settled automatically based on Pyth's real-time price feeds, with contracts resetting at the end of each trading session.
Pyth Pro sources its price data directly from major trading firms and market makers, including Jump Trading, Jane Street, Blue Ocean, LMAX, and Cboe Global Markets. The network does not repackage third-party information and has supported over $2.7 trillion in transaction volume across both on-chain protocols and off-chain institutions.
Data is delivered via WebSocket and updated every second. Polymarket samples this feed to publish a live "price to beat" chart, giving traders continuous visibility over the reference price in each market. Mustafa Aljadery, Product Lead at Polymarket, stated: "Millions of dollars can hinge on a single price, and that demands absolute trust in the source. Pyth delivers that confidence, which allows us to expand into high-stakes financial markets. This is just the beginning of our partnership with Pyth."
The announcement comes shortly after Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, completed a $600 million cash investment in Polymarket and plans to acquire up to an additional $40 million in shares from existing holders as part of a broader multibillion-dollar commitment.
Pyth Network also launched a data interface called Pyth Terminal, where users can track live price feeds and the reference values used to settle markets on Polymarket. This move represents a broader trend of oracle networks expanding beyond crypto into financial, government, and prediction-based applications, with both Chainlink and Pyth Network being selected by U.S. government agencies to publish economic data like GDP and inflation metrics on-chain.
