Sui Ecosystem's DeepBook Launches Predict Market on Testnet

Sui ecosystem's DeFi protocol DeepBook has introduced its third composable financial primitive, DeepBook Predict, which is now live on the testnet. According to Foresight News, this primitive was developed in collaboration with options pricing service provider Block Scholes. It supports binary options markets, call and put options, spread options, leveraged products, and structured tools, and can be combined with existing Spot and Margin primitives. Predict features an internal market-making mechanism with built-in liquidity. The mainnet version and first-party trading application are expected to launch later this year.