Coinspeaker
Nov 12, 2025
4 0

Polymarket Partners With Yahoo Finance for Exclusive Prediction Market

Polymarket Partners with Yahoo Finance

  • Polymarket, a leading prediction market platform, has partnered exclusively with Yahoo Finance.
  • This partnership will offer Yahoo Finance users real-time insights based on prediction markets.
  • Polymarket initially operated on Polygon using USDC for transactions.
  • The platform is noted for having the highest volume and accessibility in its category.

Prediction Markets and Their Functionality

  • Prediction markets allow traders to place bets on future events, profiting if predictions are correct.
  • A current popular bet involves predicting the end date of a government shutdown.
  • The "yes" bet for November 12 costs $0.64 and pays $1 if correct, offering a $0.36 profit per bet.

    • Government Shutdown Bet

  • Total volume for this bet is $7.33 million, with $1.48 million on November 12.

Significance and Controversy

  • Prediction markets provide valuable insights but can be controversial due to insider information risks.
  • High-volume prediction markets attract attention for their potential access to insider knowledge.
  • Despite their utility, prediction markets are susceptible to manipulation and false positives.

Crypto-Native Features

  • Being crypto-native, Polymarket allows global participation, increasing the significance of each bet.
  • The platform employs USDC, which had $73.7 billion circulating tokens as Q3 profits tripled.