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L1-native · XRP Ledger · parimutuel

Prediction markets, settled on the ledger itself.

No bridge. No smart contract. The price truth (XLS-47 oracle), the money (XRP), and the attribution (SourceTag) are all native ledger primitives.

Auto-resolved

Resolved by the ledger

Markets settle automatically against the native XLS-47 price oracle — no human in the settlement loop. Disputes, when they happen, go to a multisig committee.

Parimutuel

The pool is the odds

Bet into an outcome pool; the winning side splits the losing side minus a flat 3% fee. Odds are indicative and final at close — true parimutuel, no order book.

How it works

1

Create

A market definition is written as a JSON memo on-chain. The ledger is the registry.

2

Bet

You send a tagged Payment to the pool account. DestinationTag picks your outcome; SourceTag credits counsel.

3

Resolve

Markets resolve automatically from the XLS-47 oracle; the outcome is published on-chain. Disputes go to a multisig committee.

4

Pay out

The parimutuel split is computed, multi-signed, and paid as native Payments. Anyone can recompute it.

counsel, parimutuel prediction markets on the XRP Ledger