[trade.xyz Launches Event Contracts, Officially Entering the Prediction Market Sector] BlockBeats News, September 11, according to official sources, trade.xyz has launched Event contracts, officially entering the prediction market sector. According to the introduction, Events will cover categories such as sports, politics, economics, and financial markets, and will continuously expand the range of categories and contract formats. Users can deposit spot BTC, borrow USDC through portfolio margin, open pre-IPO SpaceX perpetual contract positions, hedge against the upcoming SK Hynix earnings report event in the event market, and select the US Open champion. trade.xyz's initial Up/Down (similar to binary event contracts) markets cover stocks, commodities, and pre-IPO, supported by the depth and liquidity of trade.xyz perpetual contracts on HIP-3. These perpetual contracts provide continuous price discovery and serve as the settlement source, meaning each contract is based on XYZ's liquid market prices rather than external oracles. [Original Link]