Polymarket moves 5-minute Bitcoin contracts to 60-second TWAP, Binance settlement spikes fade
- —Polymarket switched both open and settlement to Chainlink TWAP on Aug. 7
- —Five-minute crypto markets moved to a 60-second window on Aug. 14
- —Wang examined 82,752 Bitcoin boundaries using Binance one-second data
- —The $8.2M earned by 821 wallets belongs to the earlier snapshot regime
Why it matters: The reform weakens the incentive to push the settlement price, but it is not proof that all manipulation strategies have disappeared.
Source: CryptoSlate