DeFi

Decentralized Finance news and protocols

Polymarket Sparks Outrage, Settling $10.5M Venezuela Invasion Market as ‘No’

Polymarket Sparks Outrage, Settling $10.5M Venezuela Invasion Market as ‘No’

Ambiguous resolution criteria resulted in a controversial market settlement, upsetting several Polymarket traders. The p...

By Alex Smith 4 months ago 4 min read
Deprecation of Synths on Optimism

Deprecation of Synths on Optimism

As part of Synthetix’s continued transition away from legacy systems, all Synths on Optimism will be deprecated....

By Alex Smith 4 months ago 3 min read
Prediction Markets Record All-Time High $5.3B Volume to End 2025

Prediction Markets Record All-Time High $5.3B Volume to End 2025

This week's prediction markets volume report shows sustained growth to close out 2025 with Kalshi and Polymarket both po...

By Alex Smith 4 months ago 6 min read
Prediction Markets Record All-Time High $4.9B Volume to End 2025

Prediction Markets Record All-Time High $4.9B Volume to End 2025

This week's prediction markets volume report shows sustained growth to close out 2025 with Kalshi and Polymarket both po...

By Alex Smith 4 months ago 1 min read
Polymarket’s Loss Statistics Hide a Different Reality: Most Traders Lose Small, While Liquidity Concentrates at the Top

Polymarket’s Loss Statistics Hide a Different Reality: Most Traders Lose Small, While Liquidity Concentrates at the Top

New on-chain analysis of Polymarket indicates that headline loss figures tell an incomplete story. According to defioasi...

By Alex Smith 4 months ago 3 min read
DraftKings Launches Prediction Markets App in 38 States

DraftKings Launches Prediction Markets App in 38 States

DraftKings Predictions sports and finance markets will route through CME Group, the same exchange FanDuel will use. The...

By Alex Smith 4 months ago 4 min read
Coinbase Files Lawsuits in Illinois, Michigan and Connecticut Over Prediction Markets

Coinbase Files Lawsuits in Illinois, Michigan and Connecticut Over Prediction Markets

Coinbase files lawsuits in Michigan, Illinois and Connecticut. The post Coinbase Files Lawsuits in Illinois, Michigan a...

By Alex Smith 4 months ago 4 min read
Introducing Synthetix Perps on Ethereum Mainnet

Introducing Synthetix Perps on Ethereum Mainnet

Today, Synthetix launches the canonical perp DEX on Ethereum. This marks the end of the transition phase and the beginni...

By Alex Smith 4 months ago 5 min read
12 Week Extension for sUSD on Infinex

12 Week Extension for sUSD on Infinex

Christmas just came early for sUSD depositors on Infinex with 12 weeks of SNX rewards. To support the imminent launch of...

By Alex Smith 4 months ago 3 min read
Robinhood Unveils Combos to ‘Trade and Hedge Pretty Much Anything’

Robinhood Unveils Combos to ‘Trade and Hedge Pretty Much Anything’

Robinhood unveiled plans for 'combos'—essentially parlays—at Tuesday night's event, starting with NFL games available no...

By Alex Smith 4 months ago 4 min read
Synthetix Perps on Ethereum Mainnet Are Imminent

Synthetix Perps on Ethereum Mainnet Are Imminent

The Next Chapter of Synthetix Begins NowIn 2022, Synthetix left Ethereum Mainnet, lured by the low fees and abundant blo...

By Alex Smith 5 months ago 6 min read
Gondor Raises $2.5M to Bring Lending and Leverage to Prediction Markets

Gondor Raises $2.5M to Bring Lending and Leverage to Prediction Markets

Gondor is betting it can build the missing financial layer for on-chain prediction markets—starting with lending against...

By Alex Smith 5 months ago 4 min read