Prediction markets are platforms where participants trade outcomes of future events, with share prices representing probability estimates. Unlike traditional polling, these markets require real capital investment, incentivizing accurate forecasting. Binary markets tokenize outcomes as shares trading between $0 and $1, where
•4m read time• From coinsbench.com
Table of contents
What are Prediction Markets?Fundamental ConceptsWhy Must “Yes + No” Equal $1.00?Get Leo’s stories in your inboxTrade Execution: The Shared Order BookSettlement and OraclesOrder Book vs. AMM: Why the Shift?Sort: