{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/6e7e47d2947445958dc1371d9096838b\" frameborder=\"0\" width=\"1114\" height=\"835\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":835,"width":1114,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":835,"thumbnail_width":1114,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/6e7e47d2947445958dc1371d9096838b-af10adf34d8f8fc9.gif","duration":178.137,"title":"Permissionless Prediction Markets Unified AMM on Solana","description":"This Loom explains Toptrade’s plan to fix structural arbitrage losses in prediction markets by moving from separate yes no order books to a unified multi outcome AMM. The speaker claims Polymarket has $20 billion monthly volume, projects $500 million annualized revenue after an April 3 introduction, and cites $40 million in 2024 arbitrage losses caused by probability gaps that do not sum to one. The proposed solution uses a single constant product invariant where sigma P equals one, with markets created in 60 seconds by staking 100 USDC on Solana, targeting 2 to 30 outcomes. A live market on Coliseum super team winners is running with 23 outcomes and $32,000 in volume, and the protocol is already cash flowing $2,000 per month."}