UPDATED FRI 23 OCT · 13:18 UTCLIVE
CryptoMedium

Prediction Markets See Major Expansion Across Platforms

Prediction markets are simultaneously expanding via Phantom's Kalshi integration for US users, Hyperliquid's HIP-4 launch (flagged as a high-alpha early opportunity), and fresh academic evidence reaffirming their aggregate accuracy.

What we know

Crypto wallet Phantom rolled out Kalshi prediction markets to US users, stating it is 'confident and comfortable' amid ongoing state-level legal challenges. Separately, Hyperliquid's new HIP-4 prediction markets were flagged as an early alpha play with barely any volume or competing activity — notable given Hyperliquid's recent SEC interactions in which airdrops were mentioned 7 times. On the academic side, Alex Tabarrok retweeted research confirming prediction markets are accurate in aggregate: 'Events assigned a probability of p% occurred approximately p% of the time' — providing a tailwind for the sector's legitimacy narrative.

Sources

@TheBlockCo

“Phantom rolls out Kalshi prediction markets to US users, 'confident and comfortable' amid state lawsuits”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.