OracleX to Launch Public Beta on December 1, Aiming to Address Long-Tail Prediction Market Issues

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

As reported by Odaily, OracleX, a platform based on Proof-of-Behavior (PoB), announced it will launch its public beta on December 1. OracleX aims to address the issue of low liquidity in long-tail prediction markets, noting that while Polymarket creates 35,000 markets monthly, most see little trading, and Kalshi relies heavily on sports markets for 65% of its volume. OracleX's core mechanism ties prediction behavior to staking mining, where users stake OEX to mint USDX and participate in predictions, with dynamic yield adjustments based on accuracy, frequency, and volume, making 'serious prediction' profitable and merging liquidity provision with information contribution.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.