Prediction markets enter the derivatives era: XBIT DEX opens whitelist for prediction leverage, launching a 35,000 USDC campaign

XBIT DEX is pioneering leverage in on-chain prediction markets, a sector experiencing rapid growth with trading volumes exceeding $25 billion monthly. Unlike traditional prediction markets that rely on a spot logic, XBIT DEX has developed specialized infrastructure to support leverage, akin to the evolution seen in crypto derivatives with perpetual contracts. This new system addresses the unique binary settlement of prediction markets by replacing funding rates with dynamic borrowing interest and implementing extreme-value liquidation and dynamic leverage adjustments. The platform is initially focusing on sports events, particularly the 2026 FIFA World Cup, due to their clear settlement certainty and high engagement. The Prediction Leverage feature is currently in its whitelist testing phase, with a public launch anticipated before the World Cup. To celebrate, XBIT DEX is running a two-week campaign with a 35,000 USDC prize pool for early traders, referrals, and leaderboard participants.

(Source：Cointelegraph)