Polymarket announces that, starting August 7 at 8:00 (UTC+8), the settlement mechanism for crypto price movement markets will change from a single price snapshot to a Time-Weighted Average Price (TWAP). For 5-minute markets, a 30-second TWAP will be used; for 15-minute and 4-hour markets, a 60-second TWAP will be applied. Polymarket will inject $1 million in liquidity rewards into affected markets in August. Chainlink TWAP mainnet data feeds and Polymarket’s real-time data feed service will go live on August 4.
Polymarket upgrades its settlement mechanism and offers $1M in liquidity incentives.
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Summary
Polymarket will upgrade its settlement mechanism for crypto price news on August 7, 2026, at 8:00 UTC+8. The platform will replace single price snapshots with time-weighted average prices (TWAP), using 30-second TWAP for 5-minute markets and 60-second TWAP for 15-minute and 4-hour markets. The platform will inject $1 million in liquidity incentives into affected markets in August. Chainlink TWAP mainnet data feeds and Polymarket’s real-time data service will launch on August 4. Inflation data will be integrated into the new settlement model.
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