Clearmatics' New DeFi Derivatives Let Traders Bet on Anything, but It's Not a Prediction Market

Description

Clearmatics , one of the first startups to explore how financial instruments can live on blockchains, is unveiling an entirely new class of decentralized futures products, which it is calling forecast markets. These fully on-chain instruments take the form of dated futures contracts that can track any public time series data, whether it's crypto indexes, inflation or temperatures, giving the appearance of something more akin to prediction markets such as Polymarket than traditional derivatives. ...