Opinion Labs is a decentralized prediction market protocol deployed on Monad that allows anyone to create prediction markets on any topic and trade using ERC-20 tokens. Users can make judgments on the future directions of political, economic, sports, or cultural events and express their opinions or place bets through the market. These markets are open, permissionless, and anyone can participate without relying on a centralized platform or approval process.

The core infrastructure of Opinion Labs is the Opinion Protocol, a decentralized protocol that supports the rapid creation and trading of prediction markets. It is open-structured, allowing any DApp to connect and build applications based on predictive logic. The protocol offers scalability and transparency, making it suitable for market generation across various themes and asset types.

To ensure the credibility of market outcomes, Opinion Labs has also built Consensus Oracle. This mechanism puts event results on-chain through participant consensus, serving as the basis for market settlement. Its operation relies on cryptoeconomic incentives to ensure the accuracy of data recording and the security of the system.