TechFlow reported on July 24, according to Coindesk, that decentralized exchange D8X is developing a leveraged trading tool, planning to launch on mainnet in August, allowing users to trade Polymarket contracts with leverage. Caspar Sauter, co-founder, said in an interview that leverage is a missing component in the prediction market economy, capable of enhancing market efficiency and increasing potential returns.
D8X launched in January 2023 on Polygon's zkEVM, completed a $1.5 million seed funding round, and expanded to OKX's X Layer and Arbitrum in May and June respectively. Sauter explained that D8X's system obtains Polymarket's spot prices via oracles, similar to traditional perpetual contract methods.
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