Prediction markets let you bet on outcomes, but so much more is possible.
This paper introduces Multiverse Finance, which splits the financial system into parallel universes so you can short the market today, but only if your candidate is going to lose the next election.
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Original article | Odaily Odaily(@OdailyChina)
Author | Dingdang (@XiaMiPP)
This is the story of Meme coin, which was supposed to be dead, but unexpectedly revived from the bottom after being almost forgotten by the market.
White Whale's market capitalization has surged nearly 500 times in less than a month, from less than $100,000, to a current value of $57 million. The community is now declaring that the next target is $100 million.
The familiar Meme coin scheme...

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PANAMA CITY, December 23, 2025 – While the global cryptocurrency market is still adjusting to the volatility, Vietnam recorded an impressive year of growth with a total trading volume of…

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Author: 1912212.eth, Foresight News
The most anticipated player in the derivatives market is finally about to make its debut. A few days ago, the Lighter team's marketing head leaked rumors that their TGE (Transfer Exchange Token) would take place before the end of the year. With only three days left until 2026, the TGE is highly likely to happen soon. Initial trading will be limited to the Lighter platform, but Coinbase and Bybit have included it in their roadmaps. OKX and Binance have also launched their perpetual contracts ahead of schedule.
Polymarket also provides...

With Lighter TGE imminent, the market expects FDV to exceed $2 billion?

Let's say you don't think Trump will fire Jerome Powell in 2025.
You can go to Polymarket today and buy a notFiredUSD token for 89 cents which will be worth $1 in 2026 if Powell isn't fired by then.
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But that's a long time to wait, and in the meantime you can't use your notFiredUSD as collateral in most financial systems -- if Powell were suddenly fired, the notFiredUSD token's value could drop to 0 faster than the system could liquidate your debt.
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But there's no problem with using notFiredUSD as collateral to borrow, say, notFiredETH.
If Powell is suddenly fired, both your collateral and the asset you borrowed become worthless simultaneously, so there's no liquidation issue.
This makes Multiverse Finance possible.
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The simplest version of Multiverse Finance could be implemented today on mainnet by allowing conditional tokens for the same outcomes (like firedEth and firedUSD) to be borrowed and lent against each other on an Aave-like protocol.
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Further expansions are possible, including (liquidity issues aside) complete financial ecosystems with long chains of composability -- you could take firedUSD, borrow firedETH, provide liquidity on firedSwap to earn firedSwap tokens, stake those in firedFarm, and so on.
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The paper at https://paradigm.xyz/2025/05/multiverse-finance… goes into the conceptual framework and implementation pathways in more depth.
We're curious what new applications multiverse finance might unlock.
If you've got ideas, we'd love to hear from you.
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