Instant: Kalshi, Polymarket, and a wave of native DeFi protocols are quietly building financial micro-economies, complete with infrastructure, toolmakers, and data pipelines. The real fight is no longer about pop culture events and political outcomes. It’s about who builds the rails on which future predictions will rest. At the frontiers of cryptography, a new economic … Continue reading Prediction markets could be DeFi’s next big infrastructure play as Kalshi, Polymarket and Binance build ecosystems around collective intelligence