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TechFlow news, on September 17, according to CoinDesk, dYdX is entering the prediction market space, allowing users to place leveraged bets on the outcomes of binary events.
Charles d'Haussy, CEO of the dYdX Foundation, said: "dYdX will launch perpetual futures on prediction markets. DeFi needs to offer something unique to differentiate itself from CEXs. Prediction markets could provide DeFi with a distinctive opportunity to regain attention."
According to CoinDesk, dYdX is preparing to enter the prediction market space, allowing users to place leveraged bets on the outcomes of binary events. Charles d'Haussy, CEO of the dYdX Foundation, said: "dYdX will launch perpetual futures on prediction markets. DeFi needs to offer something unique to differentiate itself from CEXs. Prediction markets could provide DeFi with a unique opportunity to regain attention."
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