Backpack Exchange Launches Margin-Based Prediction Market

Backpack Exchange has launched a backstage beta of its caller margin-based prediction market.

This volition let traders to spot bets connected integer assets and fiscal outcomes portion utilizing the aforesaid superior crossed aggregate products.

The diagnostic is disposable to prime progressive traders only.

Backpack Exchange has launched the Unified Prediction Portfolio, which allows prediction markets to run alongside spot trading, perpetual futures, and lending wrong a azygous account.

Unlike emblematic prediction platforms, traders bash not request to fastener up funds successful a azygous bet.

The level uses cross-margining, enabling the aforesaid superior to enactment aggregate positions astatine once.

Traders tin present spot a prediction stake connected Bitcoin oregon different crypto markets, hedge it with a futures contract, and support spot positions wrong 1 account.

This operation aims to trim the accidental outgo of capital, allowing traders to enactment connected marketplace insights without being sidelined by locked funds.

CEO Armani Ferrante said the extremity is to region the inefficiencies successful accepted prediction markets.

“Prediction markets are notoriously inefficient. Capital gets locked up and adjacent skilled traders whitethorn not enactment due to the fact that of the accidental cost,” helium said successful a station connected X.

The caller strategy seeks to let much flexible and progressive participation.

Backpack Exchange, founded by erstwhile FTX employees, acquired FTX EU successful January 2025.

The woody granted entree to a MiFID II-regulated model and enabled the betterment of idiosyncratic funds frozen during the 2022 FTX collapse.

In September 2025, Backpack Exchange rebranded FTX EU arsenic Backpack EU.

Essentially, done the rebrand, its nonsubjective was to connection regulated perpetual futures crossed Europe.

The backstage beta is presently invite-only, targeting the platform’s astir progressive traders. Feedback from this signifier volition assistance refine hazard absorption earlier wider release.

The motorboat comes arsenic the prediction marketplace assemblage grows, with platforms similar Kalshi and Polymarket reporting billions successful trading measurement and expanding mainstream visibility.

In addition, Polymarket precocious teamed up with Dow Jones and WSJ to stock prediction marketplace data.

Backpack’s caller offering positions it arsenic a vertically integrated speech wherever traders tin deploy superior efficiently crossed products.

The cross-margined prediction marketplace could awesome a displacement successful however crypto-based fiscal betting operates, offering traders greater flexibility and power implicit capital.

Read archetypal communicative Backpack Exchange Launches Margin-Based Prediction Market by Godfrey Benjamin astatine Coinspeaker.com