The prediction market sector has been gaining continuous popularity recently. At the end of last year, an interesting leveraged prediction market project emerged within the Solana ecosystem, delivering quite impressive results.

Let's first look at its fundraising performance. The public sale of this project was oversubscribed by 244%, with some channels reporting nearly 256%, ultimately raising significantly more funds than initially planned. Earlier, the Echo funding round was oversubscribed by 1360%, with two consecutive rounds demonstrating strong market recognition.

What's even more interesting is that a leading exchange research department included this project alongside well-known prediction market platforms like Polymarket and Augur in their monthly ecosystem report, acknowledging its important position in the DeFi prediction market field.

So, what makes it special? In one sentence — it combines traditional prediction markets with decentralized perpetual contracts. Currently on Solana, it is the only prediction market platform offering 10x leverage.

Specifically, the product has several highlights: supporting various event types such as crypto, politics, sports, technology, and entertainment; using a centralized limit order book architecture for more liquidity and lower slippage; maker orders can be placed fee-free, encouraging market makers to participate; the platform also supports multi-outcome markets and a mechanism for continuous position adjustments; the final detail is that 50% of the protocol revenue will be used to buy back and burn tokens, creating a potential deflationary effect.

From booming fundraising to industry attention, this project has indeed tapped into a clear current market demand — prediction + leverage. The two consecutive funding rounds significantly oversubscribed are no coincidence, and research institutions are paying close attention. All these signals point in the same direction: there is a genuine market expectation for such innovative products.