Prediction markets, Pre-IPO, and Forex, the trading landscape of the new cycle
1. @Kalshi and @coinbase don't seem like they can disrupt Polymarket; PM has created its own on-chain prediction market, possessing the strongest "orthodoxy."
2. The publicization of private markets, Robinhood tokenizing SpaceX and OpenAI options, @ventuals_ is also using @HyperliquidX's HIP3, and is more optimistic about attempts related to the HyperEVM ecosystem, as Robinhood faces too much compliance pressure.
3. In the Forex market, it was previously the non-USD stablecoin @VNX_Platform's home on Base, now @mentolabs is expanding based on Celo and Wormhole, but the non-USD stablecoin market is too small, and it’s better to do overnight splits between YBS.
Correction: Overnight borrowing
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