Leveraged prediction markets for Polymarket betting have recently launched on the Polygon mainnet through the D8X exchange. This new product allows users to place leveraged bets on various events, including the 2024 US presidential election and the San Francisco 49ers winning the Super Bowl in 2025. Other protocols such as SynFutures, dYdX, and Injective are also planning to launch leveraged prediction market products.
D8X exchange is an institutional-grade decentralized exchange for derivatives that aims to address the challenge of managing risk in prediction markets by employing a dynamic leverage, fees, and slippage system. This approach ensures system stability from a risk perspective and allows users to maximize their potential earnings while maintaining control over their level of risk. The platform uses Polymarket spot feeds as input and plans to incorporate feeds across sectors like sports, politics, pop culture, business, and science.
To facilitate these markets, D8X has integrated feeds from Stork Lab’s Open Data Market, which provides ultra-low-latency trading data essential for real-time prediction markets. The platform’s leveraged prediction markets automatically adjust leverage, fees, and slippage based on market conditions, with maximum leverage decreasing when uncertainty is highest. Initially available on D8X front ends on Arbitrum, the markets will soon roll out to Polygon zkEVM and X Layer, with plans to introduce the D8X token within the next two quarters.
D8X’s leveraged prediction markets offer users the opportunity to utilize leverage to maximize their potential earnings while controlling their level of risk. The platform aims to provide a user-friendly and accessible experience for both experienced traders and newcomers to the world of prediction markets. With plans to expand to different blockchains and introduce additional markets across various sectors, D8X is positioning itself as a leading player in the leveraged prediction market space.
The success of Polymarket’s 2024 prediction markets has highlighted the potential opportunity for prediction market derivatives, with other platforms like SynFutures also launching their own leveraged prediction products. As the derivatives side of the market continues to grow, the focus will be on enticing users to migrate away from Polymarket’s front end and explore the offerings of platforms like D8X exchange. With a strong emphasis on risk management and system stability, D8X aims to set itself apart as a trusted and innovative player in the leveraged prediction market space.
