Leverage prediction trading platform OmenX announces completion of several million dollars in seed funding, with participation from Paramita VC and others.

ZkProver · 2026-03-30T15:24:49+00:00

OmenX, a leverage prediction trading platform, announced the completion of several million dollars in seed funding, with participation from multiple venture capital firms and centralized exchange founders. OmenX aims to turn real-world events into tradable markets, introducing leverage mechanisms for perpetual contracts to improve capital efficiency and risk hedging capabilities. Currently, the platform has launched a Public Testnet, allowing users to participate in stress testing and prepare for the mainnet launch.

ZkProver

2026-03-30 15:24:49

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ChainCatcher message, according to a report by The Block, the leveraged prediction trading platform OmenX has announced that it has completed a multi-million-dollar seed round financing. This round was backed by institutions such as Paramita VC, Penrose Ventures, and M77 Ventures, as well as several centralized exchange founders as co-investors.

It is reported that OmenX focuses on converting real-world events into tradable markets, and has introduced leveraged mechanisms similar to perpetual contracts into the prediction market space, aiming to improve capital efficiency and provide institutional-grade risk hedging capabilities. OmenX founder James said, “OmenX is not just a prediction market, but an infrastructure for a liquid, tradable asset class that treats global events as having institutional-grade leverage.”

At present, the OmenX Public Testnet has officially opened to the global community. Users can participate in the OmenX points system. This incentive framework is designed to encourage the community to stress-test the platform’s leverage mechanisms and liquidity depth. OmenX is preparing for the subsequent full mainnet launch and plans to deploy on the Base network.

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