The Solana ecosystem's Drift has launched a prediction market BET, supporting over 30 types of cryptocurrencies as collateral.

ChainCatcher news, the Solana perpetual contract trading protocol Drift has launched a prediction market called BET.

The BET prediction market will allow traders to earn profits while holding positions and supports over 30 cryptocurrencies as collateral. Currently, two contracts related to the U.S. presidential election have been launched, with a total betting pool exceeding $300,000, and plans to expand into categories such as sports, cryptocurrencies, and economics.

Adoption is incentivized by paying traders in FUEL tokens for betting and staking DRIFT tokens.

It is reported that BET (short for "Bullish on Everything") will utilize its $500 million liquidity pool.