distribution may be the moat, but product is still the castle.
Kalshi is CNN, Polymarket is ABC, Melee is YouTube.
What we are building is special.
Solana may not yet see it. The world may not yet believe it. But we know it.
And we will prove it to you.
Today, we introduce the PMM.
A new liquidity primitive that bootstraps prediction markets from first dollar and the first significant update to parimutuel systems in 160 years.
Permissionless prediction markets will become a trillion-dollar category. The PMM is the market structure that gets them there.
I am incredibly proud of the Melee team for building the PMM from zero to one in just six months. Special shoutout to @NickPreszler and @zen_llama for the creativity and grit that made this possible.
We will look back on this as prediction markets’ AMM moment.
Show more
