NEO is a project combining physical products with Web3 technology, offering energy supplements and apparel. It integrates NFTs for ownership and utility, enabling holders to animate NFTs or earn commissions via TikTok Shop.
CJ Hetherington, co-founder and CEO of prediction market platform Limitless Labs, stated that he does not believe the prediction market industry will see a single dominant monopoly player. He draws a parallel to the offshore perpetual contract market, where even leading platforms have never long-term held over 90% market share. Core trading volume in the derivatives market comes from market makers and high-frequency traders, who typically operate across multiple platforms to exploit spreads for arbitrage, structurally limiting market concentration.CJ Hetherington cited Binance’s perpetual contracts as an example, noting that its market share once approached 50% but was gradually diverted by other trading platforms, leading to a multi-platform coexistence pattern. He argues that prediction markets will follow a similar path rather than a "winner-takes-all" outcome.Hetherington pointed out that future industry distribution will primarily be conducted through brokers and futures commission merchants, with institutions like Robinhood, Interactive Brokers, and Charles Schwab competing in distribution. Fees and marketing will become the core of consumer-side competition. However, the U.S. regulatory framework is an "advantage rather than an obstacle" for the prediction market industry, as CFTC oversight helps reduce contract disputes, enhance transparency, and is also more suitable for institutional participation. (The Block)
Limitless announced on X that the Season 3 of Limitless Points has officially concluded.According to official data disclosed, this season's campaign achieved a cumulative trading volume of $4 billion, with over 280,000 active traders completing a total of 4.5 million transactions.Additionally, Limitless stated that the Season 3 airdrop claim will open on May 27, with further details to be announced later.
According to Predictefy data, from May 8 to May 15, Kalshi's weekly notional trading volume reached $4.134 billion, ranking first among prediction markets, approximately 2.13 times the trading volume of Polymarket during the same period. Polymarket's weekly notional trading volume was $1.938 billion, ranking second.Additionally, Limitless recorded a weekly notional trading volume of $600 million, ranking third; predict.fun had a weekly notional trading volume of $232 million, ranking fourth; and Opinion had a weekly notional trading volume of $207 million, ranking fifth.
According to Fortune, cryptocurrency derivatives exchange Liquid has announced the completion of an $18 million Series A funding round, co-led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital. This comes less than six months after its $7.6 million seed round, which was led by Paradigm.
Token unlocks data shows that major token unlocks are scheduled this week for ZRO, XPL, KAITO, and others. LayerZero (ZRO) will unlock 25.71 million tokens on April 20, valued at approximately $40.4 million—5.34% of its total supply. Humanity (H) will unlock 105 million tokens on April 25, valued at approximately $10.8 million—4.02% of its circulating supply. Plasma (XPL) will unlock 88.89 million tokens on April 25, valued at approximately $9.4 million—3.83% of its circulating supply. Hyperlane (HYPER) will unlock 89.75 million tokens on April 22, valued at approximately $8.6 million—94.37% of its circulating supply. Limitless (LMTS) will unlock 85.37 million tokens on April 22, valued at approximately $8.5 million—64.99% of its circulating supply. KAITO (KAITO) will unlock 17.6 million tokens on April 20, valued at approximately $8.1 million—4.93% of its circulating supply. Initia (INIT) will unlock 82.94 million tokens on April 24, valued at approximately $7.8 million—45.18% of its circulating supply. SoSoValue (SOSO) will unlock on April 24.