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Bloomberg: A handful of crypto whales dominate Polymarket dispute resolutions

Bloomberg: A handful of crypto whales dominate Polymarket dispute resolutions

AiCoinAiCoin2026/05/26 10:33
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According to Bloomberg, the resolution of disputed contracts on Polymarket is dominated by a small number of UMA holders. Data shows that among more than 6,400 addresses participating in disputed resolution votes over the past three years, just nine whale wallets contributed about half of the UMA voting power and almost always sided with the winning outcome in all disputes. In April 2026, around 230 contracts with a total trading volume exceeding 1 billion dollars entered dispute resolution, accounting for less than 1% of all Polymarket contracts, but the larger the trading volume, the higher the frequency of disputes. Some traders criticize this mechanism for granting anonymous whales the “power to decide the facts,” while Polymarket and Risk Labs’ initially promised process improvement plan has already been shelved.
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