The US-based prediction market is vying to catch up with industry leader Polymarket.
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The most recent Polymarket odds put Trump’s chances of winning the 2024 Presidential election at 60.3% and winning all six swing states.
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The decentralized finance (defi) platform Dydx has introduced a new prediction market allowing traders to speculate on Donald Trump’s chances in the 2024 U.S. presidential election. The decentralized platform enables users to leverage positions in a perpetual trading market tied to election results. Dydx Unveils Perpetual Prediction Market for 2024 Trump Election Outcome The Trump […]
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Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk.
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This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality of the contracts, dismissing claims of gaming or election gambling. […]
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The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States.
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According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second Trump-Harris Debate Polymarket, a blockchain-driven prediction platform, has people […]
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In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume in the last three months. Polymarket Outpaces June Volume in Just 9 […]
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The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new records with $472.87 million […]
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The move signals the crypto betting market’s growing importance.
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