Limitless CEO: The market is not expected to have a winner-takes-all scenario; institutional opportunities far surpass retail opportunities

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Mars Finance News, Limitless co-founder and CEO CJ Hetherington stated that he does not believe the market will be dominated by a single platform, but is more likely to present a multi-platform coexistence similar to offshore perpetual contract markets. He pointed out that professional market makers and high-frequency traders are the main contributors to trading volume and fees in derivatives markets, and they usually trade on multiple platforms simultaneously to arbitrage price differences, which disperses liquidity across many platforms rather than concentrating it in a single winner. Hetherington revealed that Limitless currently has a monthly trading volume of nearly $2 billion, with users mainly from Asia-Pacific (about 60%) and Europe (about 30%), and has not yet entered the U.S. market (still awaiting regulatory approval). He believes that the institutional and risk transfer opportunities in prediction markets are about ten times larger than before, with a scale far exceeding retail markets.
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