Polymarket to Use TWAP for Settlement, Adds $1M Liquidity Rewards in August

KuCoinFlash

Release Time: 07/30/2026 13:34:30

Summary

Polymarket will implement TWAP for settlement starting August 7, using 30-second and 60-second averages for different markets. The update aims to reduce manipulation risks. On-chain news reveals $1 million in liquidity rewards will be distributed in August. Chainlink’s TWAP testnet is live, with mainnet and RTDS launching August 4, 2026. Crypto price news shows the platform prioritizing fairer price mechanisms and market stability.

Odaily Planet Daily report: Polymarket developers posted on X that, to enhance resistance to manipulation in cryptocurrency price movement markets, settlement for affected markets will change from a single price snapshot to a time-weighted average price (TWAP) starting August 7, 00:00 UTC. The 5-minute markets will use a 30-second TWAP, while the 15-minute and 4-hour markets will use a 60-second TWAP.

In addition, the platform will provide a total of $1 million in liquidity rewards across relevant markets throughout August. Chainlink’s TWAP testnet data feed is now live, and the mainnet data feed along with Polymarket’s real-time data stream (RTDS) will go live on August 4, 2026.

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