Who says crypto trading is the only kind of financial innovation? Now you can even trade on what Trump will say next!

There was a classic joke in investing: by the time the news comes out, the market has already finished its rally.
Prediction markets offer a whole new way to play: before an event even happens, prices are already reflecting market expectations.
That’s what makes prediction markets so interesting. Users can buy and sell contracts on the outcomes of elections, wars, economic data releases, sports matches, and tech events. Prices not only show how much traders are willing to pay, but also reflect the market’s collective view of a particular outcome.
For example, if a YES contract on an event is priced at 70 cents, you can roughly interpret that as the market assigning it an implied probability of about 70%. But that isn’t the actual objective probability of the event occurring; it is also affected by liquidity and market structure.
It’s like a financial market, like social media, and even more like a global prediction game.
The most interesting thing is that people used to argue over who was right at the dinner table; now both sides can finally put their money where their mouths are.
Of course, if you get it wrong, the market won’t give you a refund just because you insist you’re right.
The appeal of prediction markets lies in putting a price on opinions and making expectations tradable. $AMD

‌#Polymarket年化收入突破18亿美元