According to BlockBeats, on September 17, CoinDesk reported that dYdX is about to enter the prediction market field, allowing users to make leveraged bets on the outcomes of binary events.

Charles d’Haussy, CEO of dYdX Foundation, said: “dYdX will launch perpetual futures on the prediction market. DeFi needs to provide some special features to distinguish itself from CEX. The prediction market may provide DeFi with a unique opportunity to regain attention.”