dYdX, a decentralized cryptocurrency exchange, has launched a perpetual prediction market tied to the outcome of the US presidential election this year. Users can take a long position if they are bullish on former President Donald Trump's chances of winning, or a short position if they are bearish. The cryptocurrency used is USDC. Prediction markets have become increasingly popular in recent years as a way to gauge public sentiment on a variety of topics. By allowing users to bet on the outcome of events, prediction markets can provide valuable insights into the likelihood of those events occurring. The launch of dYdX's prediction market on the US election is sure to attract a lot of attention from both traders and political observers alike. With the election just months away, the market is likely to become increasingly active as people try to predict the outcome. It is important to note that prediction markets are not a perfect way to predict the future. However, they can provide valuable insights into the likelihood of certain events occurring.