The ancients said it well: timing is everything. In this track, being a step earlier might mean everything.

Recently, I came across an interesting project that was included in a top-tier exchange Research's quarterly ecosystem report—this report is published only four times a year, making it quite rare. Projects featured are not simple.

From a product perspective, this project mainly focuses on leveraged trading in prediction markets. It uses a CLOB order book model, with 0% maker fees, which is a positive for activity. It supports up to 10x leverage, a relatively advanced feature in the current prediction market space.

More importantly, although the project has already attracted attention from leading institutions and was included in the report, it has not yet had a TGE, meaning there is still an opportunity to participate. That’s the significance of the word "early"—the market recognizes it, the product has potential, but it hasn't fully taken off yet. Such timing is rare.