DeepBook Launches Prediction Market on Sui Testnet

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SUI4.81%

According to Foresight News, DeepBook, a DeFi protocol on the Sui blockchain, launched DeepBook Predict, a prediction market, on testnet. Developed in collaboration with options pricing service Block Scholes, Predict supports binary options, call, put, and spread options, as well as leveraged products and structured instruments. The protocol features an integrated market-maker mechanism with built-in liquidity. The mainnet version and first-party trading application are expected to launch later this year.

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