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OmenX Launches Mainnet as the First Live Leveraged Prediction Market Platform

OmenX has launched its mainnet, claiming to be the first live leveraged prediction market platform. Built natively on Base, it initially offers up to 5x leverage for trading event outcomes, with plans to increase to 10x. The platform aims to provide a derivatives-like trading experience with better capital efficiency and active risk management. Concurrently, OmenX introduced "Hedge-to-Earn," an incentive campaign starting with Polymarket users, allowing them to hedge existing positions. The company has secured a multi-million dollar angel round and positions itself as a trading layer for event-based assets, focusing on crypto, sports, politics, and other high-attention topics.

TheNewsCrypto05/19 12:20