Polymarket has launched 5-minute cryptocurrency charts, transforming its platform from an event-based betting site to a volatility engine. This new feature allows traders to bet on whether Bitcoin ($BTC) or Ethereum ($ETH) will rise or fall within the next five minutes, with outcomes automatically resolved by Chainlink. The rapid trading cycles, occurring every five minutes, offer increased opportunities for algorithmic traders, particularly those using bots, to capitalize on market inefficiencies.
The introduction of these short-term binary markets is expected to benefit automated trading systems, as they can exploit the frequent price fluctuations and thin liquidity, which often result in wider spreads and mispricing. However, this advantage may be short-lived as competition increases and infrastructure players deploy advanced technologies, tightening spreads and reducing potential profits. Polymarket's move into high-frequency trading highlights its evolution beyond a simple betting platform.
Polymarket Introduces 5-Minute Crypto Charts, Boosting Volatility Trading
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