what's PredMarkets?

PredMarkets is a decentralized prediction market platform built on the Avalanche blockchain. It specializes in ultra-short 5-minute markets for predicting price movements of major cryptocurrencies such as BTC, ETH, and AVAX. Trades settle trustlessly on-chain using oracles like Pyth Network, enabling rapid resolution and 24/7 trading availability. Key features include 70% maker rebates to incentivize liquidity, low fees compared to competitors, and tools for high-frequency strategies like bots. The platform runs trading competitions and referral programs to grow its user base, positioning itself as an accessible venue for short-term crypto speculation within the Avalanche ecosystem.

PredMarkets launched its prediction market on Avalanche with a referral program.