XO Market to compete with Polymarket, Kalshi via user-generated markets

Prediction market platform XO Market is emerging as a rival to Polymarket and Kalshi, CoinDesk reported. While major platforms operate like Netflix, with an internal team curating the markets, XO Market allows users to create their own prediction markets and share in the revenue, a model it compares to YouTube. Since its mainnet beta launch last November, XO Market has recorded over $150 million in trading volume, attracted more than 30,000 users, and hosts over 600 active markets. The platform is also preparing to launch XO Vaults, a feature that will open liquidity provision, an area traditionally dominated by market makers, to general users.