Polymarket/Predict.fun updates: Brahma buy/exchange overhaul/Circle native USD + ICE $600M + fees $7.1M wk1 97% + Pyth/Chainlink stocks/oil/gold + LALIGA/FIFA WC ADI Predictstreet + Deepcoin/MEXC + insider ban + $30B vol/MLB/NHL/UFC arbs + Iran/Hormuz oil + Trump AG + war/pilot delists
Key Questions
What recent acquisition did Polymarket make to improve user experience?
Polymarket acquired Brahma to overhaul wallet and deposit UX. This enhances the platform's functionality for users handling deposits and transactions.
What is Polymarket's new native stablecoin initiative?
Polymarket launched a native Polymarket USD backed by Circle USDC, involving a CLOB rebuild and EIP-1271 support. This aims to push towards $50B volume and U.S. expansion.
How much in fees did Polymarket generate in its first week after the pricing shake-up?
Polymarket pulled in $7.1 million in fees during the first week of April. It captured 97% of prediction market fees following the pricing changes.
Why did Polymarket delist certain markets?
Polymarket delisted war-related and pilot rescue markets due to pressure from U.S. Congressman Seth Moulton. This included 219 war betting items after controversy over a missing U.S. airman market.
What is the current probability of a US-Iran ceasefire on Polymarket?
Polymarket shows a 54% probability for an Iran ceasefire with $95M in volume. Traders are front-running geo de-escalation with BTC pumps to 69-72k and inverse oil positions as oil exceeds $111.
What updates have occurred with Pyth on Polymarket?
Pyth Pro is now live on Polymarket. It provides data feeds for stocks, oil, gold, and events like LALIGA and FIFA World Cup.
What sports arbitrage opportunities are available on prediction markets?
Markets feature MLB, NHL, UFC arbs, along with LALIGA, FIFA WC via Predictstreet, and ADI. Platforms like Deepcoin and MEXC also support these.
How much volume has Predict.fun achieved?
Predict.fun has reached $1.8B in volume. It competes alongside Polymarket's expansions.
Poly acquires Brahma for wallet/deposit UX, launches native Polymarket USD (Circle USDC CLOB rebuild/EIP-1271, $50B vol US push), fees $7.1M first wk Apr 97% PM share; delists war/pilot per Moulton. Iran ceasefire 54% $95M/oil>111; BTC traders front-run geo de-escalation pumps 69-72k oil inverse; Pyth Pro live; Predict.fun $1.8B vol.