Polymarket Prediction Market on SBF's Prison Sentence Sees Over $1 Million in Bets
Polymarket Prediction Market on SBF's Prison Sentence Sees Over $1 Million in Bets
🔓 Crypto Bets Revealed
A prediction market hosted on Polymarket for the prison sentence of Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, saw over a million dollars worth of bets placed. Bankman-Fried was officially sentenced to 25 years in prison yesterday, and this fact has been verified on-chain by the Optimistic Oracle (OO) protocol. The Polymarket platform allows users to bet on the outcomes of various events, and the details of this particular prediction market are available for public viewing.
Over a million dollars worth of bets were placed in the @Polymarket prediction market for SBF’s prison sentence. He was officially sentenced to 25 years in prison yesterday. This fact has been verified onchain with the OO. ✅
UMA Surpasses Monthly 2022-2023 Assertion Volume in Single Day
UMA has already exceeded its typical monthly assertion volume from 2022/2023 on just the first day of October 2025. **Key metrics:** - 2022/2023: ~500 assertions per month - October 1, 2025: Already surpassed 500 assertions - September 2025: Over 22,000 assertions (20% of all-time total) - Total milestone: 100,000+ assertions reached This dramatic acceleration shows UMA's oracle network experiencing unprecedented growth, with daily volumes now matching what previously took entire months to achieve.
🔮 Oracle Milestone
**UMA's Optimistic Oracle reaches $50 billion milestone** The decentralized oracle has secured over $50 billion in Total Transaction Value across its ecosystem: - **Across Protocol**: $31.6B in cross-chain transactions - **Polymarket**: $18.7B in prediction market volume - **oSnap**: $111M in governance transactions The platform has processed **170 million transactions** total, doubling its value from $25B earlier this year. This growth highlights increasing adoption of optimistic oracle technology for securing cross-chain bridges, prediction markets, and DAO governance systems.
🔒 UMA Secures Two Top Polygon Protocols
**UMA's optimistic oracle technology** now secures two of the top ten protocols operating on Polygon's network. This milestone demonstrates **growing adoption** of UMA's oracle solutions within the Polygon ecosystem. The protocols join other major platforms like Polymarket in leveraging UMA's security infrastructure. - UMA provides optimistic oracle services for decentralized applications - Two major Polygon protocols now rely on UMA's security model - Reflects broader trend of oracle adoption in DeFi The integration highlights **UMA's expanding role** in securing critical Web3 infrastructure across multiple blockchain networks.
Across Protocol V4 Announces Integration with Succinct Labs and UMA Protocol
Across Protocol has unveiled Version 4 of their bridge solution, marking a significant technical upgrade to their infrastructure. - Integration with Succinct Labs brings enhanced zero-knowledge proof capabilities - Security framework reinforced through UMA Protocol's optimistic oracle system - New version aims to improve cross-chain transaction efficiency The collaboration represents a strategic enhancement of Across's bridging architecture, combining Succinct's ZK technology with UMA's battle-tested security mechanisms.
UMA Dispute Voting Reaches 333 Unique Commits with 23.4M Tokens Staked
The latest UMA dispute voting round demonstrated significant participation with **333 unique commit addresses** and over **23.4M $UMA tokens** staked. This continues the protocol's growth trajectory from Q4 2024, when it first achieved an average of 100 commits per vote, later peaking at 462 commits in a single round. - 333 unique commit addresses - 23,484,787.52 $UMA tokens staked - Consistent growth from Q4 2024 Participate in securing truth onchain at [vote.uma.xyz](https://vote.uma.xyz/)