A J

solana memecoins are still mostly narrative rotation. the actual meta shifting is fully onchain prediction markets landing on solana an interesting new meta: pm-native tokens and arenas where you trade probability + culture in one place biggest opportunity sits in the infra and liquidity layer that makes these composable with perps, agents, and real usage

Another hard day of work at Parabola for these two

@ParabolaMarkets Perps on binary markets are inherently limited, there is so much more optionality on a continuous exchange like this

Trade exclusive, continuous perps on things like volatility and volume that you can’t find on any other exchange: parabolamarkets.xyz

Prediction markets force you to take binary positions with little control. The natural evolution for event contracts is trading entire outcome distributions, with a continuous payout scheme. This kind of optionality and control is unmatched; sign up for beta testing at parabolamarkets.xyz

@nishprash bud the goat

Lowkey can’t think of a better inaugural post then this (I think it captures the current spirit of the crypto market very well)

Pilot access has been teaching us a lot. What people want. What they do not want. Where yes/no markets feel too narrow. The clearest signal: people want to trade belief with far more expressibility than today’s event contracts allow. Outcome, confidence, risk, shape, timing. Exciting things coming soon...

Pilot access continues to roll out. The feedback has been sharp: people do not just want more event contracts. They want better ways to express, size, hedge, and trade their beliefs. That is the evolution we are building for. Event contracts are becoming a real financial asset class, and Parabola is building the market structure for what comes next.

We're beginning to roll out pilot access for early users. Prediction markets proved people want to trade belief. Now the next question is what happens when those markets stop being trapped in yes/no. Parabola lets users express their actual view: what outcome, how confident, how much risk, and how belief moves before resolution. That is the ground floor for native belief derivatives.

Prediction markets are not the final market structure. They are the ground floor. A binary market lets you trade one thing: will this happen or not? That is useful, but it compresses every belief into yes/no. No range. No confidence curve. No view on how belief moves before settlement. No native way to build on top of the thing people actually care about. Parabola starts from a different premise: Belief has shape. If you build the market around that shape from day one, you unlock a much larger design space: 1. Trade the outcome 2. Trade the confidence 3. Trade the distribution 4. Trade the movement in crowd belief 5. Build perpetuals on belief variables 6. Create derivatives that are native to the market itself, not bolted onto a binary after the fact That is the shift. Prediction markets proved people want to trade belief. Parabola is building the market structure for what comes after.

@ryanchern Binary positions on PMs don’t give as much positional control as traders need; @ParabolaMarkets is making distribution markets, which naturally allow for deeper control, continuous payout structure, and leverage baked into trades

Prediction market product offerings have stagnated. Frontends look identical and the trading infrastructure is subpar due to years of technical debt. Prediction markets need to be re-thought from the ground-up. Now is the moment to push the prediction market frontier forward.

Prediction markets started with yes or no because yes or no is easy to understand. But most real beliefs are not binary. People have a number in mind, a range, a confidence level, and a sense of how wrong they can afford to be. Parabola is trying to make that full belief tradable. The bet is simple: once people can trade richer views, binary markets start looking like the first primitive, not the end state.

Online feeds are full of opinions, but only markets show what people truly back. Yet, most belief markets today force complex views into a simple 'yes' or 'no'. This binary constraint misses the nuance of how people actually think about the future. Real belief isn't just a flip of a coin. People often think more expressively, but current platforms fail to capture this form of conviction. Parabola is changing that. We're building a derivatives exchange where you can trade not just if something happens, but what value, how confident, and with what risk. Our markets are designed to match the shape of your belief. This goes beyond basic prediction markets.

@_sol_moonboy @ParabolaMarkets to trade on outcome distributions

prediction markets on fire 🔥 kalshi leading strongly this week. largest platforms by weekly notional volume: > kalshi — $4.5B > polymarket — $2.8B $POLY > limitless & others — smaller but growing total across major platforms $7.3B+ this week. which platform you using most right now ?

@PolymarketSport Better odds on @ParabolaMarkets for every market; trade entire distributions

🚨JUST IN: A trader has put $589k on the United States to lose or draw their match vs Paraguay The payout is $1,091,444.44 on Polymarket America hasn’t won their opening match at a World Cup since 2014 vs Ghana

@Baheet_ This is why binary prediction markets feel so incomplete; trading both direction and confidence on distribution markets is the next logical evolution. Check out @ParabolaMarkets if that’s interesting to you

Wanna trade distribution markets on @solana ? Sign up for the waitlist for our credited user session beginning this Sunday: parabolamarkets.xyz

Open letter to @Polymarket and especially @shayne_coplan: I've been trading on Polymarket for a long time. I am one of the biggest traders on the entire platform and I interact with it on a daily basis. And at this point I'm seriously questioning whether the team has simply given up. I'm not even trying to be dramatic. Wtf is actually going on? Has everyone made enough money that nobody cares anymore? Is the team completely overwhelmed? Are priorities completely broken? Is there no leadership? Is it incompetence? Because the current state of the platform is honestly embarrassing. Every maintenance seems to follow the exact same script: announce 10 minutes of downtime start 20 minutes late stay down for an hour deploy changes that break multiple existing systems leave the bugs in production for weeks And somehow nobody seems concerned. Example: ~1.5 weeks ago an update broke tick sizes. The matching engine started rejecting orders that matched the correct tick size after a tick size change was published. This was immediately visible after deployment. It's still broken. Nobody seems to care. Then for the last two days Polymarket's own RTDS feed, the feed used for all crypto markets, has been broken. The issue was marked "resolved" 10 hours ago. It still isn't resolved! Did anyone spend literally 5 seconds checking whether data was actually being published before closing the incident? Because it sure doesn't feel like it. Communication is somehow even worse than the bugs. Half the changes never get announced. The other half are hidden in random Discord side conversations. Major trading-impacting changes get silently rolled out with zero documentation. You ask support. They say they'll ask the team. Then you never hear back. Or you get the same canned response you've already received three times. The team keeps saying communication will improve. It never does. Then there's the rebate and fee situation. Taker tiers were supposed to launch on May 28. A week later they still weren't live. Nobody acknowledged the delay. The docs still said May 28. To this day there still hasn't been a single taker rebate payment. And the official position is apparently that missed rebates won't be back-paid. How is that acceptable? How are traders supposed to adjust strategies, thresholds, and risk when nobody knows what fees they are actually paying, what rebates they are actually earning, or how much of the promised rewards the platform simply decides not to distribute? That isn't transparency and it is clearly destroying trust. The craziest part is that every update creates fresh opportunities for exploiters. Just in the last couple weeks we've had: queue position jump exploits taker delay bypass exploits ghost fill exploits various matching and infrastructure bugs order spam exploits Millions of dollars have been extracted from legitimate users through platform failures. The response? Increase rate limits. Seriously. A huge amount of latency issues today are caused by order spam that is directly incentivized by broken infrastructure and exploitable mechanics. Fixing the root causes would help. Instead we get band-aids. Which raises another question: Does Polymarket have a testing environment? Does it have staging? Can updates be rolled back? Because from the outside it honestly looks like production is the testing environment. Every maintenance introduces new failures. Every maintenance gets partially reverted. Every maintenance creates more issues than it solves. This shouldn't be happening at a company valued in the billions. Meanwhile manipulation that has been repeatedly reported for months continues largely unchecked while manipulators keep extracting money from normal users. And surprise: Volume is declining. Prediction markets as a whole are growing. Yet Polymarket just posted its second consecutive month of declining volume. Meanwhile Kalshi has become the clear market leader in many categories and is now outperforming Polymarket by large multiples in areas where Polymarket used to dominate. Honestly? It's not hard to see why. Every serious trader I've spoken to says the same thing: Kalshi feels stable. Polymarket feels like you're one deployment away from disaster. I know multiple people who would happily trade Polymarket full-time if they trusted the platform. They don't. Not because of competition. Because they don't trust Polymarket itself. My trust in this platform is at an all-time low. And I genuinely don't understand what is happening internally. Maybe the response will be that the team is busy with the World Cup or other initiatives. Fine. Then stop shipping half-finished features. Stop deploying untested fixes. Stop breaking live trading. Slow down. Focus on fewer things. Do them properly. The most concerning part is that so many decisions feel like they were made by people with no actual trading experience. The product decisions show it. The infrastructure decisions show it. The market structure decisions show it. Building the future of prediction markets requires understanding how markets actually function. Right now it often feels like nobody is steering the ship. I want Polymarket to succeed. But from the perspective of someone who uses the platform every day, this is bordering on unusable. @Polymarket @shayne_coplan What is going on?

@ParabolaMarkets Brunson and Anunoby unstoppable in the 4th

OG ANUNOBY CLUTCHES AND THE KNICKS TAKE GAME 4 ABSOLUTE SCENES AT MSG