Prediction markets enter the derivatives era: XBIT DEX opens whitelist for prediction leverage, launching a 35,000 USDC campaign
XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live.
XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live.
May 27, 2026 – On-chain prediction markets are undergoing explosive growth. In March 2026, monthly trading volume surpassed $25 billion, a more than 20-fold increase compared to the same period last year. Polymarket has become the official prediction market partner for X, and Coinbase has launched prediction contracts across all 50 US states. However, while users and capital are flooding in, product architecture has yet to keep pace.
Currently, mainstream prediction market platforms still predominantly rely on a spot logic of full-amount purchasing and waiting for settlement. Users lack tools to add positions, hedge, or flexibly adjust risk exposure through leverage. The crypto market went through a similar phase until the emergence of perpetual contracts in 2016, which led to derivatives trading volume completely overtaking spot volume in less than four years.
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