LBank taps Chainlink to run rapid-fire prediction markets

LBank brings sub-minute crypto betting to 25 million users

LBank (@LBank_Exchange) has integrated @chainlink Data Streams to power 5 and 15-minute prediction markets on $BTC and $ETH, using the oracle network's high-speed price feeds to resolve outcomes and pay out winners within minutes. The move removes the settlement delays that have long frustrated traders on shorter-duration products.

The exchange, which says it serves more than 25 million users, is the latest centralised platform to reach for Chainlink's infrastructure as demand for rapid-fire crypto price betting intensifies. Chainlink Data Streams is designed for exactly this purpose: high-frequency updates let participants act on real-time data, ensuring quick reactions to events and accurate settlement.

Chainlink becomes the default oracle for prediction market speed

LBank's integration slots into a growing pattern. Polymarket began using Chainlink's low-latency data streams in February to power five-minute crypto trades. Jupiter Exchange, the largest decentralised exchange on Solana, followed in March by implementing Chainlink for 5 and 15-minute prediction markets. Myriad also adopted Chainlink as its official oracle provider for crypto-based prediction markets covering assets including $BTC, $ETH, and $BNB.

The technical case for the product is straightforward. Chainlink Data Streams relies on a pull-based design, letting platforms retrieve a report and verify it on-chain whenever needed, with verification confirming that the decentralised oracle network agreed on and signed the data. The system supports sub-second data resolution for latency-sensitive use cases by retrieving data only when needed. For a product that resolves in five minutes, that speed difference is the entire value proposition.

The broader prediction market sector is growing quickly. Chainlink has emerged as a backbone of the sector, with its infrastructure enabling platforms to operate at scale by providing the real-time, tamper-resistant data critical for market resolution and settlement. The project has secured over $100 billion in total value across DeFi applications.

Sources
Chainlink Powers Rapid Growth in Prediction Markets (Blockchain.News)
Chainlink Data Streams Documentation (chain.link)
Chainlink Prediction Markets Use Cases (chain.link)