According to TechFlow, on July 24, Coindesk reported that the decentralized exchange D8X is developing a leveraged trading tool, which is scheduled to be launched on the mainnet in August, allowing users to trade Polymarket contracts in a leveraged manner. Co-founder Caspar Sauter said in an interview that leverage is the missing part of the prediction market economy, which can improve market efficiency and increase potential returns.
D8X launched on Polygon’s zkEVM in January 2023, completed a $1.5 million seed round, and expanded to OKX’s X Layer in May and Arbitrum in June. Sauter explained that D8X’s system uses an oracle to obtain Polymarket’s spot price, similar to the traditional perpetual contract method.
