Injective: Users can now leverage bets on election results through Helix
Injective announced the launch of its first election prediction market in its ecosystem. Users can now bet on election results using leverage through Injective's decentralized exchange, Helix.
Injective pointed out that the prediction market is growing rapidly, with the TVL in this field increasing from 35 million USD to over 150 million USD this year, an increase of more than 300%. In just the past 60 days, it has increased by more than 42 million USD. Among them, the US presidential election has become a major catalyst.
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
A major whale switched from short to long on BTC, with a position valued at $91 million.
Japan Post Bank, Shinoken, and DeCurret DCP pilot tokenized deposit payments for real estate transactions
Data: US crypto-related stocks mostly rise in pre-market trading, Bitmine up 3.79%
IMF warns that tokenized markets may increase flash crash risks, and governments will intervene with regulation