According to TechFlow, Injective announced the launch of the first election prediction market in its ecosystem. Users can now use leverage to bet on election results through Injective's decentralized exchange Helix.

Injective pointed out that the prediction market is growing rapidly and has become one of the hottest verticals in the crypto space. The TVL in this field has increased from $35 million to more than $150 million this year, an increase of more than 300%. Among them, the US presidential election has become a major catalyst.