Injective: Users can now leverage bets on election results through Helix
Injective announced the launch of its first election prediction market in its ecosystem. Users can now bet on election results using leverage through Injective's decentralized exchange, Helix.
Injective pointed out that the prediction market is growing rapidly, with the TVL in this field increasing from 35 million USD to over 150 million USD this year, an increase of more than 300%. In just the past 60 days, it has increased by more than 42 million USD. Among them, the US presidential election has become a major catalyst.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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After Waller's hawkish speech, the market focuses on "rate hikes", but Morgan Stanley says balance sheet reduction is more likely.
After the Jackson Hole meeting, the market's focus has shifted to interest rate hike expectations. However, Morgan Stanley economist Carpenter pointed out that Walsh's long-standing stance on reducing the $7 trillion balance sheet should not be overlooked. It is expected that the Federal Reserve may begin a balance sheet reduction of more than $1.5 trillion next year, partially replacing rate hikes.