Manifold spins off MNX, a real-money decentralized exchange for AI bets
New platform lets traders bet on AI valuations, GPU prices, and benchmarks with leverage.
Deep Dive
Prediction market platform Manifold has spun off MNX, a decentralized exchange for real-money AI trading. The platform offers levered prediction markets and perpetual futures on assets like OpenAI/Anthropic valuations, Nvidia shares, and H100 rental prices. It runs on the MegaETH blockchain, handles 100k+ trades/second, and uses batch auctions to reduce high-frequency trading advantages. Users can now hedge or speculate on the entire AI value stack in one place.
Why It Matters
Provides financial infrastructure for the trillion-dollar AI sector, enabling hedging and price discovery for key assets.