Platform · Binary Markets
42
Trade the future · asset issuance protocol turning event outcomes into liquid tokens with continuous pricing and parimutuel settlement at resolution
- Mechanism
- Binary Markets
- Chain
- BNB
- Status
- Live
- Founded
- 2024
- Market types
- Multi-outcome (event) · Scalar / price range (clock-curve) · Sports (Scoregrid + Outright/Prop)
- Audience
- Power user · Trader · Predictor · Crypto-native
- Website
- 42.space
- @42space
Pricing mechanism
Power-curve bonding mechanism for event markets (price scales with outcome supply); clock-curve for fixed-window price markets (price scales with elapsed time in the round). Continuous mint/redeem during the market; outcome tokens are transferable ERC-20-style assets.
Settlement
Pool-based parimutuel: at resolution, all collateral pools and is redistributed pro-rata to winning Outcome Token holders. Brief dispute period after resolution before final claim. 0.8% protocol fee on trades; redeem tax on early exits.
Strengths
- Novel hybrid mechanism: bonding-curve pricing during the market combined with parimutuel pro-rata settlement at resolution
- Open-ended upside (no $1 payoff cap); returns depend on market size, timing, and outcome flow
- Live on BNB Chain with deployed V1 and V2 contracts and a public read-only REST API
- Multi-outcome by default (not binary); includes sports markets with Scoregrid and Outright/Prop subtypes
- Public audit reports for the on-chain contracts
Weaknesses
- Mechanism complexity: dynamic pricing + variable payouts is harder to communicate than fixed-odds binary
- BNB Chain audience is narrower than Solana / EVM-L2 native PM users; cross-chain reach not yet visible
- 0.8% protocol fee plus a redeem tax can compound for active traders relative to flat venues
About this mechanism
Yes/No or multi-outcome shares priced via AMM or CLOB. The largest category by platform count · the volume of onchain competition for what most people picture when they hear 'prediction market'.