🎲VORTX Betting System
Last updated
Last updated
VORTX introduces two powerful ways to put your market knowledge to work: P2P Bets and Prediction Markets. Let's dive into how you can start betting today!
P2P Bets lets you create or take positions on any future event. It's simple, secure, and settles instantly in USDC.
Creating a Market Choose your prediction, set your stake and odds, and decide if you're betting YES or NO. Your funds are held securely in our escrow system until the event resolves.
Taking Positions Browse open markets and take the opposite side of any bet that catches your eye. Put your USDC where your conviction is!
Settlement When the event resolves, winners automatically receive their initial stake plus profits. Everything happens publicly through our secure escrow system.
"BTC will hit $50k by March 2025"
"HYPE token will be listed on major CEX in Q2"
"ETH market cap will surpass BTC in 2025"
VORTX betting system has a simple, transparent fee structure:
$3 fixed fee to create a new bet
This helps ensure quality and prevent spam
2% fee taken from winning outcomes
Example: If the winning pool is $1000, $20 goes to fees and $980 to winners
All fees contribute to VORTX's development and community initiatives.
While P2P Bets runs on our secure escrow system today, we're already working on full decentralization. When HyperLiquid's EVM hits mainnet, VORTX Betting will evolve into a completely on-chain protocol.
To ensure a high-quality betting environment:
Initial markets are carefully curated
Clear resolution criteria required
Public settlement process
Fair odds requirements
Prediction Markets, our second betting feature, will launch after the HyperEVM release. Stay tuned for more information!
Ready to start betting? Head to the VORTX Web App and look for the Betting tab!
