Suspected Rule Settlement Platform Introduces New Oracle, Single Account Market Buys $5800 Triggering Probability Surge Prediction

According to PolyBeats monitoring, on the prediction market Polymarket, within the past 1 hour, an account has invested $5,800 to buy the option “Cumulative transaction volume of Crypto Payment Cards surpasses $1.5 billion by March 31st”. Fueled by this single large transaction, the probability of this option skyrocketed from 4% to the current 88% within 1 hour.

Per the settlement rules, the data adjudication criteria for this prediction market is the “Cumulative transaction volume of Crypto Payment Cards” as tallied by the PaymentScan platform. If by 23:59 EST on March 31st, the chart displays a cumulative transaction volume equal to or exceeding $1.5 billion, the prediction market will settle as “Yes”.

The underlying reason prompting the fund surge and the subsequent probability surge appears to be related to PaymentScan incorporating data from the Crypto Payment Card project RedotPay into its tally. This new data source caused the recorded transaction volume on the platform to surge from around $1 billion to the current $556 million, surpassing the prediction market’s $1.5 billion settlement threshold by a large margin.

Account:
0xe39783f92ee0985f1ab5fe514030f946825abfcb.