Platform · Binary Markets
Spec Markets (Speculate)
Speculate on the outcome of any event · liquid markets on everything from pop culture to crypto
- Mechanism
- Binary Markets
- Chain
- Base
- Status
- Dormant
- Founded
- 2024
- Market types
- Binary · Multi-outcome
- Audience
- Retail · Crypto-native · Generalist
- Website
- speculate.markets
- @SpecMarkets
Pricing mechanism
AMM (CPMM)
Settlement
Undisclosed
Strengths
- Native token with open-position yield was a real fee-rebate wedge
- Base deployment composes with Coinbase distribution
- Generalist topic scope
- Web3-native wallet-connect, no KYC
Weaknesses
- Effectively dormant · SPEC delisted from CoinGecko active pairs
- Anonymous team, zero VC backing
- No published mechanism · curve, oracle, fees all absent
- No reported volume, users, or markets
- Token-incentive layer was entire moat; with SPEC illiquid, differentiation is gone
- No US regulatory route
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'.