Problem

In the current crypto landscape, spot trading is fundamentally inefficient for modern traders. Profit is only realized if market price moves, meaning capital sits idle for long periods waiting for slow price discovery. Traders are not rewarded for thesis, information, research, or timing — only for buying low and selling high. This is an outdated, low-velocity trading model that fails to capture the speed and intelligence of today’s speculative environment.

Perpetual futures introduced leverage, but still remain extremely limited because they only target asset price speculation. Traders can long or short BTC, ETH, SOL etc — but they cannot express conviction about what will happen next in the world. They cannot trade on macro outcomes, global announcements, regulatory changes, protocol upgrades, elections, or major AI/research releases — even though these events are the actual catalysts that drive markets. The entire derivatives layer today is stuck in one narrow dimension: token price.

Prediction markets tried to expand beyond price, but they are primitive. They are mainly binary yes/no questions, they lack leverage, they have low liquidity and the UX feels more like gambling than professional trading. They do not attract sophisticated traders, market makers, quant funds or capital allocators because there is no efficient leverage, no advanced order execution, and no meaningful capital efficiency. As a result, there is currently no unified platform where retail and professional traders can speculate on future outcomes with meaningful leverage — while keeping full custody of their assets in a decentralized, trustless environment.