Polymarket launched a five-minute cryptocurrency price prediction contract in the United States
According to CoinDesk, Polymarket has launched five-minute cryptocurrency price prediction contracts on its regulated U.S. platform. The platform is operated by QCX LLC and is regulated by the U.S. Commodity Futures Trading Commission (CFTC).
Traders can predict whether assets such as Bitcoin, Ethereum, Solana, and XRP will close above or below the starting price within five minutes. A correct prediction pays $1 per share, while an incorrect one goes to zero, structured similarly to binary options.