Platform · Binary Markets
Swaye
Degen-focused user-generated prediction-market platform in open beta · play-money $SWAYE, weekly USDC prizes to top PnL leaderboard performers
- Mechanism
- Binary Markets
- Chain
- Base
- Status
- Beta
- Founded
- 2024
- Market types
- Binary · Multi-outcome
- Audience
- Crypto-native · Retail · Generalist
- Website
- swaye.co
- @swaye_co
Pricing mechanism
Parimutuel / proportional
Settlement
Curator / creator-driven
Strengths
- Leaderboard / battle-royale framing is a real product wedge
- Play-money + USDC prize hybrid avoids 'betting' framing
- Permissionless UGC market creation
- Self-aware 'degen' positioning matches actual on-chain audience
Weaknesses
- Open beta + unaudited contracts is a hard trust ceiling
- Anonymous team; funding undisclosed
- Chain deployment not cleanly documented
- Almost no surfaced volume / user metrics
- USDC prize pool is a subsidy · unclear sustainability
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'.