$DYDX
The dYdX exchange has launched a new market called “Trump 2024 Election Prediction Market Perpetual Contracts”, allowing traders to speculate on the chances of Donald Trump winning the 2024 U.S. presidential election. This market, which was added on October 9 after the dYdX community passed the governance process, provides a fully decentralized and non-custodial environment for traders to use leverage to increase their positions and earn potentially greater returns based on their insights into election dynamics.
In addition, the dYdX Foundation has announced that more leveraged prediction markets may be launched based on real-world narrative-driven events occurring around the world, which may include global elections, sports, and cultural events, providing the dYdX community with a wider range of trading opportunities.
