Polymarket launches on-chain market integrity monitoring system to combat insider trading.

PANews reported on April 30th that Polymarket announced a partnership with blockchain data analytics company Chainalysis to deploy an on-chain market integrity solution for monitoring trading activity and enforcing platform market compliance rules. The system will cover Polymarket's entire DeFi trading process, including real-time on-chain analysis of trading, holding, and settlement data. It will identify potential violations through multi-layered monitoring mechanisms, with a focus on insider trading and market manipulation. The system also features continuous evolution capabilities, constantly optimizing its detection algorithms based on the latest on-chain behavior patterns to address evolving market manipulation and insider trading risks.

Polymarket stated that all its transactions are completed on a public blockchain, and this collaboration will further amplify the advantages of on-chain transparency, enabling regulators and law enforcement agencies to obtain verifiable on-chain evidence, thereby establishing new compliance standards in the prediction market field.

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Author: PA一线

This content is for market information only and is not investment advice.

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