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<h3>Fireline Report</h3>
<p>The prediction market Limitless has completed a $10 million seed round of financing. The LMTS token is about to be launched, and airdrop expectations are heating up. It is the largest prediction platform on the Base chain.</p>
<h3>Trading Guide</h3>
<p>Driven by events, pay attention to interactions and capital flows before LMTS goes online. If liquidity continues to be sluggish, exit the short-term market while you can. Pay attention to the relevant prediction positions on Binance.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 10-21 14:43</small><br><small>AI-generated summary, not investment advice</small></p></div>

<h2>TL;DR</h2><p> Limitless, the largest prediction market on the Base Chain, is about to hold its token TGE, with the LMTS token expected to be released around October 25th. The project recently completed a $10 million seed round, with cumulative trading volume exceeding $500 million. The Season 2 points program is underway in preparation for the airdrop. The prediction market industry is heating up overall, with weekly trading volume reaching a record high of $2 billion. Limitless, leveraging its short-term market advantages and the support of the Base Chain ecosystem, is well-positioned.</p><h2> Core Analysis</h2><h3> Limitless latest developments</h3><p> <strong>Funding Milestone</strong> : Limitless announced on October 20, 2025, the completion of a $10 million seed round led by 1confirmation, with participation from renowned investors including Coinbase Ventures, Digital Currency Group, Collider Ventures, Node Capital, and Arrington Capital. This round <a href="https://cryptoslate.com/press-releases/limitless-prediction-market-closes-10m-seed-round-ahead-of-lmts-token-launch/">of</a> funding brings Limitless&#39;s total funding to approximately $18 million, with the goal of accelerating product development and global user acquisition.</p><p> <strong>TGE Schedule</strong> : The LMTS Token Generation Event is expected to take place during the Season 2 Points Program (September 22, 2025 to January 26, 2026), likely around October 25. The <a href="https://cointelegraph.com/press-releases/limitless-prediction-market-closes-10m-seed-round-ahead-of-lmts-token-launch">presale</a> phase (September 25 to October 2) successfully raised $1 million at a $75 million FDV, reaching a 200x oversubscription of $200 million in applications.</p><p> <strong>Platform Performance</strong> : Limitless&#39;s cumulative transaction volume on the Base chain has exceeded US$500 million, with a transaction volume of US$140 million in the past 30 days, showing strong growth momentum. <reference tool_id="call_62101254" category="line_tvl" project="Base" description="Base chain TVL from 2025-01-06 to 2025-10-20"/></p><h3> Airdrop plan and points system</h3><p> <strong>Season 2 Points Program</strong> : The ongoing Season 2 program (September 22, 2025 to January 26, 2026) uses an activity-based points distribution mechanism, with approximately 0.25% of the total token supply going to community <a href="https://dappradar.com/blog/the-ultimate-guide-to-defi-prediction-markets-with-limitless-on-base">rewards</a> .</p><p> <strong>Ways to earn points</strong> :</p><ul><li> <strong>Trading activity</strong> : Earn points by performing prediction transactions on the platform</li><li> <strong>Liquidity provision</strong> : Providing liquidity to the market can earn daily USDC rewards</li><li> <strong>Referral Rewards</strong> : Successfully recommend new users to get extra points</li><li> <strong>Market creation</strong> : Create a new prediction market to share the fee income</li></ul><p> <strong>Distribution Mechanism</strong> : Airdrops will be distributed proportionally to points, with a multi-stage release to ensure stable circulation. Priority will be given to the top 500 traders, and users with high community participation can expect to receive more rewards.</p><h3> Base chain predicts the ecological status of the market</h3><p> <strong>Market Dominance</strong> : Limitless commands 80-90% of the trading volume in the Basechain prediction market, far exceeding competitors such as Myriad ($18.5 million in cumulative trading volume) and Overtime ($1.88 million in TVL).</p><table><thead><tr><th> protocol</th><th> Cumulative trading volume</th><th> TVL</th><th> market share</th><th> feature</th></tr></thead><tbody><tr><td> Limitless</td><td> US$540 million</td><td> $478,000</td><td> 80-90%</td><td> Short-term market, mobile first</td></tr><tr><td> Myriad</td><td> $18.5 million</td><td> unknown</td><td> 5-10%</td><td> Sentiment/Perpetual Contracts</td></tr><tr><td> Overtime</td><td> $3 million+</td><td> $1.88 million</td><td> &lt;5%</td><td> sports events</td></tr></tbody></table><p> <strong>Technical Advantages</strong> : Limitless specializes in short-term markets (15-60 minutes), utilizing a CLOB (Central Limit Order Book) architecture that supports instant settlement and 99% uptime. The platform utilizes a mobile-first user experience, with over 90% of transactions occurring through mobile apps.</p><h3> Industry trends and investment enthusiasm</h3><p> <strong>Industry Growth</strong> : The prediction market industry experienced explosive growth in 2025, with weekly trading volume reaching a record $2 billion in October, with sports betting ($415 million) surpassing political markets ($323 million) as the largest category. The industry&#39;s total locked value reached approximately $230 million, with Polymarket leading the way ($116 million TVL).</p><p> <strong>Investor interest</strong> : Venture capital has poured in, with Kalshi securing $300 million in Series D funding (valuing it at $5 billion) and Polymarket securing $2 billion from ICE (valuing it at $9 billion). Limitless&#39;s $10 million seed round demonstrates investor confidence in the Base Chain ecosystem and the short-term prediction market.</p><p> <strong>Token Performance</strong> : The performance of existing prediction market tokens has been mixed. Gnosis (GNO) has a market capitalization of $334 million but has declined 13% in the past month, while Augur (REP) has a market capitalization of $11.8 million but has increased 42% in the past month. As an emerging token, LMTS is expected to gain more liquidity and attention after the TGE.</p><h2> Base chain ecological development</h2><p> <strong>Ecosystem Prosperity</strong> : Base Chain&#39;s TVL reached $5.05 billion, with a 24-hour trading volume of 10.74M transactions, ranking third among L2 chains. DeFi protocols account for 80% of the TVL, with Morpho ($2.01 billion), Aave ($1.1 billion), and Aerodrome ($523 million) leading the way.</p><p> <strong>Strategic Positioning</strong> : Limitless aligns with Base&#39;s &quot;global on-chain economy&quot; strategy. Through deep integration with the Coinbase ecosystem and a mobile-first design, it provides retail users with a low-barrier-to-entry prediction trading experience. The project has also announced expansion to the BNB Chain, embodying its multi-chain development strategy.</p><h2> Social sentiment analysis</h2><p> <strong>Community enthusiasm</strong> : The Twitter community has shown great enthusiasm for Limitless&#39;s upcoming TGE, with users generally optimistic about its positioning as the first tokenized prediction market and its rapid growth on the Base <a href="https://x.com/trylimitless/status/1979874909234061820">chain</a> .</p><p> <strong>KOL&#39;s perspective</strong> : Influential users such as @0xAbhiP provide a balanced analysis, weighing the valuation risk against the advantages of being a first-mover token in a popular market. The community considers it one of the top TGE projects in <a href="https://x.com/BanklessHQ/status/1978527512344109382">Q4</a> , alongside projects such as Monad and Meteora.</p><p> <strong>Controversial discussion</strong> : CEO CJ Hetherington recently disclosed Binance&#39;s listing fees, which attracted attention. However, this did not affect the fundamentals of the project overall, but instead increased the transparency of the project and <a href="https://x.com/Param_eth/status/1978366905695007203">heated</a> discussions.</p><h2> in conclusion</h2><p> Limitless, with its dominant position in the Base Chain prediction market, strong investor base, and upcoming TGE, is well-positioned to capitalize on the rising popularity of the prediction market industry. The project&#39;s short-term market positioning, mobile-first strategy, and points-based reward mechanism provide attractive airdrop opportunities for early adopters. With the overall strengthening of the prediction market industry and the continued development of the Base ecosystem, the LMTS token launch is well-timed and expected to receive a positive market response.</p>
