


Rain is a decentralized prediction markets protocol on Arbitrum that provides the infrastructure for anyone to launch their own forecasting platforms. It is the first protocol to offer the tools needed to launch a fully functional prediction product on any topic, and it is also the first to support both public and private markets.
By using the Rain SDK, which is specifically built for AI agents, entrepreneurs and developers can easily build niche applications and custom platforms.
Built for permissionless participation and cross-chain access through a fully on-chain infrastructure, Rain allows anyone to create, trade, resolve, and provide liquidity on markets in any language, utilizing AI-powered resolutions. The protocol is backed by over $100 million in available liquidity, including more than $40 million in stablecoins, helping ensure deep and efficient markets from day one.
U.S. major indexes closed lower yesterday. Walmart’s weaker-than-expected same-store sales and guidance weighed on the consumer sector and dragged the three major averages lower. Silver and platinum rose sharply, supported by lower yields from expanded long-bond buybacks and a softer dollar. Bitcoin climbed toward $75,000, lifting crypto-related equities. Markets are now focused on the August S&P Global Manufacturing and Services PMI flash readings due on August 21 U.S. Eastern Time, which will directly influence September rate-path pricing.