68.3K @icobeast Kalshi’s crypto markets were designed using a 60 second TWAP of a regulated price feed (CFBenchmarks) specifically to harden the resolutions against any sort of last second price pushing manipulation attempts on CEXs.
That design decision is now seen as the gold standard in the industry and users trust our markets more than ever. Even our competitors are adopting the exact design specs.
Just one of many reasons why Kalshi owns >80% of the global crypto predictions market share.
1.8K @tomdnc Polymarket staff confirms that the resolution criteria for the crypto markets are about to drastically change.
TWAP (Time weighted average price) will be integrated to the 5 minute markets, probably based on the final minute, to determine it's outcome. https://t.co/kXWoFDgs5j
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190.4K @Crypto_Pranjal Polymarket just sent over $4M to around 30k users as backfilled taker rebates and level-up bonuses.
There are over 3 million users on the leaderboard, yet only about 30k got it. Really puts into perspective how few users are actually active.
I have a feeling these rebates and bonuses will matter for the future $POLY airdrop. If you received one, I'd say you're already in a good spot.
Just check your transaction history to see if you got it.
Did you receive one? 👀
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5.6K @Tom_Degen68 The World Cup effect
In June alone, @Polymarket generated ~$34M in revenue (!?)
$POLY processe ~$6B in trading volume related to the World Cup. Notably, ~60% of this came from new crypto users.
This shows that prediction markets can be one of the most natural and accessible ways to onboard mainstream users to onchain.
Unlike typical DeFi experiences that require users to understand bridges, yield farming, liquidity provision, or complex protocols, PMs allow people to engage simply by betting on events they already care about.
Let's see how it performs in July.
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