The Manipulation of 5min BTC Price on Polymarket
The Manipulation of 5min BTC Price on Polymarket
Today we're joined by Ruizhe Jia, Assistant Professor at Stanford University, to unpack one of the most fascinating market structure discoveries in crypto this year.
We dive into new research showing how Polymarket's 5-minute Bitcoin prediction markets may be creating incentives to manipulate BTC's spot price at settlement.
We discuss who actually trades these markets, why sophisticated traders exploit them, how market makers react, and what this means for the future of prediction markets and programmable finance.
We discuss:
Stanford's…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.