BetDEX API

Sports betting is broken... That's why we built Monaco- a decentralized, open source protocol that will revolutionize sports betting. Whether you're a developer looking to build the next global exchange, or a bettor seeking fair game, this is something you won't want to miss ⬇️ 💸 Non-Custodial & Fully-Audited: You maintain full custody of your assets, eliminating third-party risk. Winning positions are settled directly to your wallet and everything is fully audited by @sec3dev. 🔗 Bet Directly On-Chain: No sign-ups, no document checks. Just connect your crypto wallet and start betting without giving up your personal information. 🌍 Shared Global Liquidity Pool: Bet with anyone from anywhere. Liquidity is aggregated across all operators that build on our platform, creating vast, liquid markets. 👊 No Premium Charges or Restrictions: You will never be fleeced of your winnings. Because you can bet directly on-chain, it's impossible to impose premium charges or restrict your betting activity. 🚀 Designed For Builders: By leveraging the power of @solana, you can build anything on top of our protocol- from exchange products and prediction markets, to trading tools and development frameworks.

A ton of inbound interest for the API over the last few weeks! Appreciate you all 🙏 We're working hard to get everyone access ASAP. If you're building a sports betting or prediction market product....hit us up!

If you have any questions about this transition, what it means for your current integration, or if you're interested in getting started with the BetDEX API - we'd love to hear from you. Don't hesitate to reach out!

Over the last several months, we've been hard at work shipping a new version of our API - 100x faster, more reliable, and easier to integrate with than ever before. The response from our partners, both new and existing, has been incredible. In just six months, we've doubled the number of API integrations, which means more markets, deeper liquidity, and greater betting activity for everyone in the ecosystem. Every integration makes the ecosystem stronger, and it’s clear that we are picking up speed.

We have an exciting update to share - all access to the exchange protocol will now be available via the BetDEX API. More on this below 👇

Coming soon to all Monaco apps...

New product using Monaco Protocol markets! Excited to check this out!!

🚨 API v2 is LIVE for closed testing! 🚨 Builders, quants & automated traders... be among the first to test the latest, cutting edge exchange and prediction book protocol 🚀⚡ Comment "monaco" below and we'll reach out- spots are limited ⬇️✉️

RT @BetDEXLabs: Check out out co-founder and CEO @svarun91 on the latest episode of @SharpBettingGB's The Betting Bug... plenty of topics d…

Monaco v2 is IMMINENT 🚀 Built from the ground up, it's the MOST POWERFUL betting protocol in the world 🌎🔥 🥳 Frictionless, open access. ⚡ Ultra-low latency. 💸 Flat 1% commission. Watch this space for an official announcement in the coming weeks 👀

Internal testing is progressing well 💻✅ We're gearing up for a closed testing phase of API v2. Want early access? Reach out via DM or join the conversation in our Discord 🚀

Listen to our CEO and co-founder @svarun91 on the latest SBC Podcast discussing... 🪙 Advantages of crypto for sports betting. 💸 Servicing large stakes through our brokerage. 💻 @MonacoProtocol backend. 🚀 Future plans to improve the platform

GM Monaco community! 👋 API v2 is on the horizon, bringing: ⚡ Accelerated matching for in-play betting. 🔗 A new REST API for seamless integration. Sandbox will be live in the coming days...⌛️If you want to get involved in early testing, reach out via DM or our Discord 🤝

🚀 GM Monaco Community! 🚀 Monaco v2 is coming, bringing major upgrades and breaking changes for builders 🔧 We'll be sharing these exciting new developments in the coming weeks! If you're building on Monaco, DM us or reach out on Discord to ensure a smooth migration 🤝

Has there ever been a worse time to be a punter? It's easy to see the merits of decentralized betting... where all matching, settlements and market operations are done transparently on-chain 🚀⚖️

It doesn't have to be this way... The future of betting is DECENTRALIZED. 📈 Impossible to restrict your betting activity. 🚀 Non-custodial, guaranteed to get paid out. 🔥 No docs, just a crypto wallet.

🚀 Big Things Coming in 2025! The future of sports betting is DECENTRALIZED. And our community is working hard behind the scenes to make it happen 🔥 Will you be building on Monaco in 2025? What would you like to see from our protocol? Here's what we’re cooking up for you... ⚡ L2 Matching Algorithm: HUGE acceleration of the matching engine for high-frequency, in-play betting. 💻 REST API: Simplify blockchain complexities and build with familiar tools you love. 🏇 Market Type Expansion: Upgrading the market settlement programs to allow for Asian Handicaps, Line Markets, and multi-outcome events like horse racing.

@OliverVarney3 @BetDEXLabs Q1/Q2 is focused on performance improvements required for in-play betting and providing a more user-friendly REST API for the protocol. But it's something we are definitely looking at doing

@BetDEXLabs @MonacoProtocol Is the issue that the contract cannot be altered after the initial agreement? what is the current thinking of how this can be sorted? Can there not be some form of secondary contract with a rebate to the loser, with the value being equal to a third party adjustment factor?

Anyone can fill these orders when they hit our markets 🐳👀 Most come from bettors who are restricted with books or who are avoiding the extra fees on other exchanges... They often try to get filled inside the current price which creates great arbitrage opportunities 📈💰

@OliverVarney3 @BetDEXLabs It's certainly feasible and isn't a limitation with the blockchain. The protocol currently assumes market outcomes are binary and mutually exclusive, so can't handle R4 or dead-heats. An overview of the protocol can be found here if you're interested: docs.monacoprotocol.xyz/readme/the-pro…

Welcome to the future of sports betting 🚀🔥