News
Prediction markets add DeFi hack betting, sparking debate
DefiLlama partnered with Trueo to embed prediction markets in its dashboard, allowing bets on protocol revenue and exploit likelihood. Notable markets include bets on Aave bad debt, Pumpfun revenue, and weekly hack payouts, with several reaching over $70,000 in volume. Critics argue the markets may incentivize hackers, while DefiLlama’s CRO sees them as a hedge against exploit risk. The NBA and S&P Dow Jones recently named Polymarket and Kalshi as preferred prediction platforms. JPMorgan and Goldman Sachs have shown interest in the sector.