OmenX Launches Mainnet as the First Live Leveraged Prediction Market Platform
OmenX at present introduced the official launch of its mainnet, introducing what it believes to be the first dwell leveraged prediction market platform in the {industry}.
Built natively on Base, OmenX permits customers to commerce prediction market belongings with leverage, beginning with as much as 5x leverage at launch. The platform plans to steadily broaden most leverage to 10x as market depth, danger controls, and liquidity circumstances mature.
OmenX is designed for customers who need prediction markets to really feel extra like an actual buying and selling venue. Instead of solely shopping for absolutely collateralized YES/NO positions and ready for settlement, customers can commerce occasion outcomes with higher capital effectivity, handle publicity extra actively, and enter or exit positions earlier than an occasion resolves.
“Prediction markets have gotten an actual asset class, however the buying and selling expertise remains to be very early,” stated James, Founder and CEO of OmenX. “OmenX is constructed round the concept that customers ought to be capable of commerce occasion outcomes with the similar flexibility they count on from derivatives markets — leverage, danger administration, liquidity, and the skill to behave earlier than settlement.”
A Base-Native Platform for Leveraged Prediction Markets
OmenX is deployed natively on Base, giving the platform entry to a fast-growing on-chain ecosystem with energetic crypto customers, low transaction prices, and increasing buying and selling infrastructure.
The workforce selected Base as its launch community as a result of OmenX is constructed for crypto-native merchants from day one. The platform is designed to assist occasion markets throughout crypto, macro, sports activities, politics, and different high-attention matters the place customers need to categorical views with extra versatile buying and selling instruments.
At launch, OmenX helps as much as 5x leverage. The firm expects to lift leverage limits over time, with 10x leverage deliberate after the platform has additional validated liquidity, market stability, and danger efficiency in dwell circumstances.
Hedge-to-Earn: A New Growth Mechanism for Prediction Market Users
Alongside mainnet, OmenX is launching Hedge-to-Earn, an industry-first marketing campaign designed for customers who already maintain positions on different prediction market platforms.
The first supported platform is Polymarket.
Through Hedge-to-Earn, customers with qualifying Polymarket positions can declare hedging-related incentives or positions on OmenX. The aim is to assist current prediction market customers handle their publicity whereas introducing them to leveraged occasion buying and selling.
The mechanism is easy: customers who already maintain prediction market publicity have confirmed curiosity, capital, and conviction. OmenX provides them a brand new option to hedge, commerce round, or prolong that publicity with leverage.
By beginning with Polymarket customers, OmenX isn’t making an attempt to teach random crypto customers from zero. Instead, it’s focusing on customers who already perceive prediction markets and giving them a motive to strive a extra superior buying and selling layer.
From Prediction App to Event Derivatives Platform
OmenX positions itself as a derivatives platform centered on prediction market belongings.
The workforce believes prediction markets is not going to stay restricted to completely collateralized final result shares. As the class grows, customers will demand the similar instruments that made crypto derivatives massive: leverage, higher capital effectivity, deeper liquidity, danger administration, {and professional} buying and selling infrastructure.
OmenX begins with leveraged prediction markets, however its long-term imaginative and prescient is broader: to construct the buying and selling layer for event-based belongings.
Following the mainnet launch, OmenX plans to broaden supported markets, enhance liquidity, launch API entry, and proceed constructing its ecosystem round merchants, communities, and capital companions.
To speed up this subsequent section of progress, OmenX has closed a multi-million-dollar angel spherical from an elite syndicate of North American enterprise companies, change founders, and Web3 builders together with Paramita Ventures, Penrose Ventures, and M77 Ventures. Now formally dwell on mainnet, the protocol is transitioning towards scaling actual buying and selling exercise, increasing deep liquidity, and broadening market distribution, whereas concurrently advancing discussions with tier-one enterprise funds and strategic companions to again its subsequent institutional progress section.
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About OmenX
OmenX is a Base-native leveraged prediction market platform. It permits customers to commerce occasion outcomes with leverage, handle danger, and purchase or promote earlier than settlement. OmenX is constructing a derivatives-style buying and selling platform for prediction market belongings, beginning with high-attention occasions throughout crypto, macro, sports activities, politics, and different international matters.
For media enquiries, please contact:
Amanda
Press Representative on behalf of OmenX
EMERGE Group
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