Recently, the Base-native leveraged prediction market platform OmenX announced its official launch on the mainnet. As one of the earlier leveraged prediction market products to be officially launched and put into operation in the market, OmenX currently supports up to 5x leverage and will gradually increase this to 10x leverage in the future, based on platform liquidity, risk control, and market operating conditions.
Unlike traditional prediction markets where users primarily buy YES/NO positions through full-collateral methods and wait for final settlement, OmenX aims to further advance the prediction market experience towards a trading platform model. Users can establish leveraged positions around event outcomes, and before the event concludes, they can buy, sell, and adjust their positions, thereby expressing market views, managing risks, and participating in event trading with higher capital efficiency.
Accompanying the mainnet launch, OmenX simultaneously introduced the Hedge-to-Earn campaign. This campaign targets users who already hold positions on other prediction market platforms, allowing them to claim related hedging benefits or incentives on OmenX based on their existing prediction market positions. The initial phase of the campaign already supports positions from Polymarket.
The core logic of Hedge-to-Earn is: users with existing prediction market positions already possess real event exposure and trading intent. OmenX helps these users try new event trading methods at a lower cost by providing a hedging entry point and a leveraged trading experience. Compared to educating ordinary users from scratch, OmenX hopes to start with users who already understand prediction markets, encouraging them to move further from one-way position holding towards hedging, adjustment, and active trading.
OmenX positions itself as a derivatives trading platform specializing in prediction market assets. The team believes that as platforms like Polymarket and Kalshi push prediction markets towards mass adoption, event outcomes are gradually becoming a new tradable asset class. In the next stage, market demand for prediction assets will no longer be limited to "buy and wait for the result," but will further extend to leverage, liquidity, risk management, capital efficiency, and trading infrastructure.
Following the mainnet launch, OmenX will continue to expand the types of event markets supported, optimize liquidity and trading experience, and plans to advance API integration, ecosystem partnerships, and the development of more trading tools. The team also stated that as the product enters the real trading phase, OmenX is in discussions with multiple investment institutions, ecosystem funds, and strategic partners regarding the next phase of development, hoping to introduce more long-term capital and ecosystem resources to jointly promote the growth of the leveraged prediction market.
About OmenX
OmenX is a Base-native leveraged prediction market platform dedicated to upgrading prediction market assets into event markets with greater capital efficiency and trading attributes. Users can establish leveraged positions around high-profile events in crypto, macroeconomics, sports, politics, and other areas, and flexibly buy, sell, and manage risks before the events conclude.
Official Website: https://www.omenx.com
