Prediction market trade has a token problem?
Prediction markets are one of the few narratives this year I can't dismiss outright. Poly volume was real and now a cluster of on chain projects is lining up behind it.
Trying to work out if that's actually tradeable or just early noise.
Awkward part is that the two venues with real activity, both, have no token. So exposure means going down to the smaller on chain names and a decent share of those are a landing page and a Discord.
Among the ones with something shipped, an audit is about the most you can verify. Keeps surfacing in the binary options corner, which tells me where attention is pointed and nothing about whether the thing works.
So it's a bet on the narrative holding, not on a platform succeeding. Fine as a trade, just a different animal, and you're timing sentiment rather than adoption.