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Jordi in Cryptoland
@lordjorx
DeFi enthusiast | Bangkok-based | @roycoprotocol
Joined March 2021
971 Following    12.1K Followers
I find @Trueo_ new prediction markets around hacks really interesting. The idea is simple: let people trade based on whether they believe a protocol will get hacked. This reminds me of older DeFi experiments like Y2K Finance. I think market-based risk pricing could become an interesting alternative to traditional DeFi insurance. Just look at @NexusMutual. Back in 2021, it had over $1B in capital, but the following years were much more challenging as the industry faced major exploits and insurance claims. And rebuilding confidence and capital has been difficult. The problem with traditional DeFi insurance is that underwriting complex smart contract risks is incredibly hard. Prediction markets offer a different approach: let market participants price those risks directly. That doesn't make them effective insurance products. But I love seeing experimentation in this area.
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You can now trade protocol revenue and exploit odds. We're partnering with Trueo to launch new prediction markets that settle based on DefiLlama data. Revenue Markets If you follow the revenue meta, you can now trade that directly on Trueo. We launched markets for Hyperliquid, Pump, Aero, Uniswap, Collector Crypt, and Papertrade revenue. Exploit Markets Hedge against exploit risk by trading the odds of total DeFi hacks and exploits of specific protocols. We have markets for whether there will be exploits of Aave and Morpho this month. We also have weekly and monthly markets for the size of the largest hack. Other Onchain Metrics Robinhood Chain RWA mcap, Robinhood Chain DEX volume, and whether Solana or Base ends the week with higher TVL.
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