Today, Drift Protocol launched BET – capital-efficient prediction markets on Solana.
This is the first prediction market design that I think stands a chance to compete with Polymarket.
Unique Selling Points
BET offers four unique selling points (USPs). I ranked them by their importance in taking market share away from Polymarket.
- Available liquidity from the $500M+ deposited into Drift (important). This is the most important aspect of Drift’s prediction market. The PM market is still relatively low in volume. Polymarket (essentially the only PM w