Galaxy Research: Conditional Market Expansion Affects Market Approaching Mainnet

Galaxy Research released a report on October 15, categorizing decision markets and impact markets as conditional markets. Conditional markets settle upon the occurrence of specific outcomes, while decision markets settle on clear and binding results. Unlike prediction markets, conditional markets are not limited to binary structures and trade real assets and their prices rather than synthetic probability contracts, with the byproduct being the impact of events on asset values. The institution referred to prediction markets as the zero version of event-driven finance, with numerous experiments emerging over the past 18 months, and new infrastructure pushing it beyond prediction markets. The ownership token issuance platform Umia, aimed at EVM-compatible chains, launched in September, extending decision markets to multi-outcome markets that can price proposal parameters. Currently, 22 DAOs governed entirely by decision markets hold a total of $50.5 million, with MetaDAO accounting for 21 of them and 78% of the assets; the stablecoin portion is $35.8 million, with MetaDAO accounting for 82%. Umia expands the issuable chains to Solana or EVM, which together account for approximately 92% of the TVL by chain type.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.