According to CoinMeta, Polymarket announced that starting from 8:00 AM on August 7th (UTC +8), the settlement mechanism for the crypto market will be changed from a single-price snapshot to a time-weighted average price (TWAP). For the 5-minute market, a 30-second TWAP will be used, while for the 15-minute and 4-hour markets, a 60-second TWAP will be adopted. Polymarket will inject $1 million in liquidity rewards into the affected markets in August. The Chainlink TWAP mainnet data stream and Polymarket real-time data stream services will be launched on August 4th.