Prediction Markets
Polymarket has rewritten the history of prediction markets: 26.26 million transactions in a week — out of 47.26 million across the entire market. More than half of the market belongs to a single platform. This has never happened before! Meanwhile, rumors are circulating about a new investment round at a $20B valuation.
Hyperliquid has launched prediction markets on testnet via the HIP-4 update — enabling bets on various events directly inside the platform. For now, it’s still in the testing phase, but it’s clear the project is placing a strong bet on the future of prediction markets.
Noise has opened its waitlist: sign up in time to get early access to the platform.
Linera has deployed a prediction market featuring bets on the price of BTC, ETH, and SOL within 1/3/5-minute intervals. In beta, users receive the in-game currency GMIC and can earn Portal Points, which may influence future rewards.
Claim & TGE
Nexira — the $NEXI TGE has announced the points-to-airdrop conversion rate: 15 RUBY = 1 $NEXI. The TGE has already taken place — $NEXI tokens are automatically credited to trading wallets in Nexira DAEP after conversion.
MetaMask / Linea — $LINEA burn. The token claim phase has ended: 380 million unclaimed $LINEA tokens are being sent to burn.
Investments & Teams
Stablecoin payments platform KAST has raised $80M in funding at a $600M valuation.
Backpack — former Commodity Futures Trading Commission commissioner Mark Wetjen has joined the top management team, strengthening the project’s regulatory direction. Especially as Backpack has ambitious plans ahead: tokenized IPOs in partnership with Superstate. Additionally, 20% of company shares are reserved for token stakers, potentially allowing tokens to be converted into real equity in the company.
GameFi
Pudgy Penguins — Pudgy World has launched a free browser game featuring quests, XP, daily activities, and streaks. Players can earn XP and in-game currency. An airdrop has not been officially confirmed, but user activity is already being tracked.
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