Milestones

Augur, one of the earliest decentralized prediction market protocols, launched its second version, introducing an improved oracle system and the use of the DAI stablecoin for markets.

The collapse of the centralized crypto exchange FTX resulted in the failure to settle its prediction markets, highlighting the risks of centralized platforms and underscoring the need for decentralized, trustless alternatives.

Kalshi, a CFTC-regulated exchange, launched tokenized versions of its event contracts on the Solana blockchain, bridging regulated finance with DeFi infrastructure for the first time.

Sports merchandising giant Fanatics launched Fanatics Markets, a centralized prediction market app, signaling significant mainstream corporate interest in the sector.

Decentralized Prediction Market was founded and officially launched.