FalconX market making + six-figure ORNN contracts, DeFi derivatives are eating into the traditional risk management market share.

CryptoWorld News reports that Polymarket has completed its first block trade. The six-figure transaction was conducted between crypto prime broker FalconX and AI risk market infrastructure company Anera Labs, with the trade involving the ORNN Compute Price Index contract that tracks the rental price of NVIDIA H100 GPUs. Polymarket said this is its first institutional block trade on the platform, reflecting that prediction markets are gradually being used to hedge real-world risk exposure. FalconX will also serve as a market maker for Polymarket’s block trading market in the future.