Solana ecosystem Drift launches prediction market BET, supporting more than 30 crypto assets as collateral
Drift, a perpetual contract trading protocol on Solana, has launched a prediction market called BET.The BET prediction market will allow traders to earn profits while holding positions and support over 30 cryptocurrencies as collateral. Two contracts related to the US presidential election have already been launched, with a total pool of over $300,000, and plans to expand to sports, cryptocurrencies, and economics categories.It is incentivized by paying FUEL tokens to traders who place bets and stake DRIFT tokens.It is reported that BET (short for "Bullish on Everything") will utilize its $500 million liquidity pool.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock Bitcoin ETF Sees Massive $970M Inflow
BlackRock's Bitcoin ETF adds 10,360 BTC, its second-largest inflow since launch, boosting crypto market confidence.BlackRock Strengthens Bitcoin HoldingsInstitutional Interest Keeps GrowingWhat This Means for Crypto Investors
BNB breaks above $610
1inch announces expansion to Solana
DOJ seeks 20-year prison sentence for Celsius founder
Crypto prices
More
