Base get carried away prediction market Limitless raised 10 million USD, LMTS Token is about to be released.

The decentralized prediction market platform Limitless announced the completion of a $10 million seed round financing, led by 1confirmation, with participation from well-known institutions such as a16z crypto, F-Prime Capital, and DCG. Limitless has processed over $500 million in volume with its simple and fast binary options trading structure, solidifying its position as the largest prediction market on Base. This financing will accelerate Limitless's global expansion and prepare for the launch of the LMTS Token, aiming to bring high-leverage, event-based trading into the mainstream, with the goal of becoming a new category in the trillion-dollar derivation market.

Limitless Rapid Growth: High-Frequency Trading Giants on Base

Limitless****Exchange has experienced explosive growth in the past period, with its core design being speed and simplicity, significantly lowering the participation threshold for prediction markets.

· Volume milestone: The platform's trading volume has surpassed the 500 million dollar mark, establishing its leading position in the Base ecosystem.

· Binary Options Structure: The platform allows users to trade the outcomes of real-world events in a structure similar to binary options, such as “Will Bitcoin reach $65,000 before 6 PM?”

· Instant and risk-free: The market adopts a zero-day expiration model, allowing users to enter within minutes and receive instant settlement, with no clearing risk or hidden fees. The team stated: “Our mission is to make high-leverage, event-based trading as simple as clicking a button.”

· Exponential Growth: In the past three months, Limitless volume has increased 25 times. In mid-October alone, the platform processed a nominal trading volume of over 100 million USD, surpassing the total amount of September in just half a month.

Investor Confidence Soars: Web3 Giants Optimistic About Trillion Market Potential

The $10 million financing of Limitless reflects investors' great confidence in the future of decentralized prediction markets, especially its potential as a bridge connecting cryptocurrency natives and traditional market traders.

· Heavyweight investors: Leading investor 1confirmation is known for investing in well-known Web3 innovators such as OpenSea and dYdX. The involvement of numerous industry giants indicates that institutional participants are closely monitoring this emerging asset class.

· New Derivation Category: Limitless Labs CEO CJ Hetherington believes that prediction markets are going mainstream and will transform into a completely new trillion-dollar derivation category.

· LMTS Token Popularity: Before the upcoming launch of the LMTS Token, the public sale event hosted by Limitless on the Kaito Launchpad attracted over $200 million in subscription requests, while its fundraising goal was only $1 million. This oversubscription indicates a strong demand from both retail and institutional investors for the Limitless ecosystem. The LMTS Token will serve as a core pillar of liquidity, rewards, and governance systems.

Product Optimization: Shorter Cycles and Global Compliance Promote Scalable Adoption

The design of Limitless focuses on accessibility, aiming to eliminate the pain points in traditional derivation trading, such as complex margin requirements and liquidation risks.

· High-frequency trading: The platform plans to introduce shorter market cycles, including 15 minutes, 10 minutes, and 1 minute options, achieving near real-time event settlement through fast oracles and reliable price feedback, providing traders with higher frequency trading opportunities.

· Global expansion: New funds will be used to expand the team, enhance its Earn infrastructure, and seek licenses in key jurisdictions to ensure regulatory compliance and global coverage.

· Connecting Traditional Finance: These initiatives align with the goal of bridging the gap between Decentralization Finance and traditional finance, providing a transparent and efficient access path for event-based trading.

Conclusion

Limitless, with its position as the largest prediction market on Base and the support of $10 million in funding, is at a critical moment for global scaling. It connects technology, finance and real-world events through a frictionless interface, successfully transforming prediction markets from niche tools into mainstream financial instruments. With improvements in blockchain infrastructure, Limitless is expected to reshape derivation trading and become the core of the next generation of financial participation models.

Disclaimer: This article is for informational purposes only and does not constitute any investment advice. The crypto market is highly volatile, and investors should make cautious decisions.