TLDR Crypto · INNOVATION & LAUNCHES
INTRODUCING BET: THE FIRST CAPITAL-EFFICIENT PREDICTION MARKETS ON SOLANA
Summary from the TLDR Crypto newsletter
BET is Drift Protocol's new Solana-based prediction market. It supports over 30 assets, including yield-bearing tokens like PyUSD and liquid-staked SOL, allowing users to earn interest on their positions. It also introduces “structured bets” which can hedge multiple long and short positions together. To incentivize growth, BET is offering a multiplier on points for the first two weeks.