Base native leveraged prediction market OmenX officially launches on the mainnet
Recently, the Base native leveraged prediction market platform OmenX announced the official launch of its mainnet. As one of the earlier leveraged prediction market products to officially go live and operate in the market, OmenX currently supports up to 5x leverage, and will gradually open up to 10x leverage based on platform liquidity, risk control, and market operation conditions.
Unlike traditional prediction markets where users primarily buy YES/NO positions through full collateral and wait for final settlement, OmenX aims to further push the prediction market experience towards a trading platform. Users can establish leveraged positions around event outcomes and buy, sell, and adjust positions before the event concludes, thereby expressing market views, managing risks, and participating in event trading with higher capital efficiency.
With the mainnet launch, OmenX also launched the Hedge-to-Earn campaign. This campaign is aimed at users who already hold positions on other prediction market platforms, allowing them to claim related hedging rights or incentives on OmenX based on their existing prediction market positions. The first phase of the campaign has opened support for Polymarket positions.
The core logic of Hedge-to-Earn is that users with existing prediction market positions already have real event exposure and trading intent. OmenX helps these users try new event trading methods at a lower cost by providing hedging entry points and a leveraged trading experience. Rather than educating ordinary users from scratch, OmenX hopes to engage with users who already understand prediction markets, encouraging them to move from one-sided positions to hedging, adjusting, and active trading.
OmenX positions itself as a derivatives trading platform focused on prediction market assets. The team believes that as platforms like Polymarket and Kalshi push prediction markets towards greater mainstream adoption, event outcomes are gradually becoming a new tradable asset class. In the next phase, market demand for prediction assets will no longer be limited to "buying and waiting for results," but will further extend to leverage, liquidity, risk management, capital efficiency, and trading infrastructure.
After the mainnet launch, OmenX will continue to expand the types of event markets supported, optimize liquidity and trading experience, and plans to promote API access, ecological cooperation, and the construction of more trading tools. The team also stated that as the product enters the real trading phase, OmenX is communicating with multiple investment institutions, ecological funds, and strategic partners about the next stage of development plans, hoping to attract more long-term capital and ecological resources to jointly promote the development of leveraged prediction markets.
About OmenX
OmenX is a Base native leveraged prediction market platform dedicated to upgrading prediction market assets into event markets with greater capital efficiency and trading attributes. Users can establish leveraged positions around high-profile events in crypto, macroeconomics, sports, politics, and more, and flexibly buy, sell, and manage risks before the events conclude.
Official website: https://www.omenx.com
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
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