Phantom has shifted the infrastructure supporting prediction markets in its crypto pockets, changing its earlier Kalshi based mostly system with World for positions opened from June 1.
The change strikes new markets to a noncustodial protocol that routes orders to liquidity suppliers on Solana. Payouts are redeemed mechanically when an occasion ends, eradicating the separate settlement commerce required underneath Phantom’s earlier setup.
Positions opened earlier than June 1 stay tied to Kalshi by means of DFlow. Customers holding these contracts should change expired consequence tokens for the stablecoin used to open the place, with the ultimate quote probably affected by market situations and settlement knowledge.
The transition additionally modifications the exterior techniques used to find out outcomes. Older markets rely on Kalshi knowledge processed by means of DFlow, whereas new positions might depend on oracles together with Chainlink.
Phantom warned that delayed feeds, incorrect info or indexing failures may nonetheless have an effect on market decision and result in monetary losses.
The pockets stated it doesn’t take custody of person funds, function because the counterparty to trades or preserve a home edge. Transactions happen between customers, whereas every market follows its personal decision guidelines.
The up to date disclosures additionally prohibit customers from buying and selling contracts after they possess materials nonpublic info or have a direct battle associated to the end result.
