Wintermute, a renowned algorithmic trading firm and liquidity provider in the digital asset space, has unveiled plans to launch a decentralized prediction market for the upcoming US presidential election. The market will feature tokens representing Donald Trump and Kamala Harris and will be built on a smart contract platform.
To ensure the highest level of accuracy and reliability, Wintermute has partnered with Chaos Labs’ Edge Proofs Oracle. This innovative oracle solution provides real-time, tamper-proof data feeds across multiple blockchains, including Ethereum, Base, and Arbitrum.
The multi-chain nature of the prediction market allows users to participate directly from their preferred blockchain ecosystem without the need for complex asset bridging. According to their blog, this eliminates potential risks associated with cross-chain transactions and enhances user convenience.
The market is expected to launch next week and will offer participants the opportunity to speculate on the outcome of the US presidential election.
