ME News reports that the Polymarket dispute resolution was dominated by a minority of UMA holders. Over the past three years, approximately 6,400 addresses have voted, with 9 whale addresses contributing nearly half of the voting power, almost always siding with the winning party in disputes. By April 2026, about 230 contracts with a trading volume exceeding $100 million entered into disputes, accounting for less than 1%, but disputes increased as trading volume grew. Some traders point out that this mechanism grants anonymous whales a "factual decision-making authority" driven by economic interests, and the improvement plans by Polymarket and Risk Labs have been shelved.

MeNews

2026-05-26 12:49:23

Abstract generation in progress

ME News Report, May 26 (UTC+8), the arbitration of controversial contracts on Polymarket is being dominated by a small number of UMA holders. Statistics show that among over 6,400 addresses that participated in Polymarket dispute resolution votes over the past three years, only 9 whale addresses contributed about half of the UMA voting rights and have been on the winning side in almost all disputes. In April 2026, approximately 230 contracts with a total trading volume exceeding $1 billion entered the dispute resolution process, accounting for less than 1% of all Polymarket contracts, but the frequency of disputes increased with trading volume. Some traders criticize this mechanism as effectively granting anonymous whales an "actual decision-making power" driven by economic interests, while Polymarket and Risk Labs, responsible for UMA, had originally promised to improve related processes, but those plans have been shelved. (Source: BlockBeats)

POLYMARKET-0.25%

UMA-0.62%

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GateUser-7e77b8d8

· 12h ago

UMA holder governance? Holding-based governance!

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GateUser-16838403

· 12h ago

Decentralized Oracle × Whale Club √

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GateUser-dcb4d0d5

· 12h ago

Waiting for a truly decentralized oracle, not a whale fork.

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StakingLibrarian

· 12h ago

The larger the trading volume, the more likely it is to be disputed, which in turn creates reverse incentives.

View OriginalReply0

DaoSideQuest

· 12h ago

Polymarket users now know where the money went

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GateUser-7cb48814

· 12h ago

In 2026, 230 contracts entered disputes, and early warning was issued.

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GateUser-72e48736

· 12h ago

Anonymous whales hold the power to determine the facts; I know this script well.

View OriginalReply0

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Polymarket dispute contract rulings are dominated by a few whales, with 9 addresses contributing about half of the UMA voting power.

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