XBIT DEX Prediction Market Leverage Officially Launched, Simultaneously Launching 1.1 Million USDC World Cup Event

Odaily Planet Daily News According to official news from XBITDEX, on June 11, the XBIT DEX prediction market leverage function was officially launched, with high-liquidity markets initially supporting up to 5x leverage. The "XBIT World Cup Event" started on the same day, with a total prize pool of 1.1 million USDC. The event will last until the final on July 19.

The opening match prediction market for Mexico vs. South Africa is now open. Current market expectations indicate a 69% probability of a Mexican victory, 21% for a draw, and 11% for a South African win. Markets for win/loss, spread, over/under, exact score, and corners have been launched simultaneously, covering 48 teams and 104 matches.

During the event, both contract trading and prediction market trading can earn prediction vouchers, which are used to participate in the daily focus match. Correct predictions allow users to share the day's prize pool. The single-match prize pool increases as the tournament progresses, with the final having a maximum of 150,000 USDC. There are also dual leaderboards for contracts and prediction markets.