what's Isometric Markets?

Isometric Markets is a DeFi protocol on Solana that introduces continuous curve derivatives for prediction markets, replacing binary yes/no outcomes with range-based positions. Traders select custom ranges (e.g., BTC price between $80k-$100k), priced via Logarithmic Market Scoring Rule (LMSR) combined with Sigmoid bonding curves for smooth entry dynamics that reward early conviction without pricing out later participants. Payouts use Gaussian distributions, providing proportional rewards based on proximity to the actual outcome—enabling partial wins for near-misses and reducing all-or-nothing risk. Liquidity providers deposit into markets, earning fees from trades (0.3%) and settlements (0.1%), with passive range-based provisioning akin to concentrated AMMs. An insurance fund, seeded by platform fees and $ISO trading creator fees, caps impermanent loss at 5%, making LPing accessible without constant monitoring. Markets resolve via multi-layered oracles, support up to 5x leverage with Dutch auction liquidations, and form a flywheel incentivizing liquidity and trading activity.

Isometric Markets introduces range-based prediction markets instead of binary outcomes.