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FAQs

Why Crypto?

Why Polyhype uses crypto and blockchain technology to create the world's largest Prediction market.

May 3, 2026

Polyhype operates on Polygon, a proof-of-stake layer two blockchain built on Ethereum. All transactions are denominated in USDC, a US-dollar pegged stablecoin. This architecture offers several advantages over traditional prediction markets:

Stable Value — Polyhype denominates trades in USDC, which is pegged 1:1 to the US Dollar. This shields you from the volatility associated with other cryptocurrencies and offers a stable medium for trading.

Regulated Reserves — USDC operates in adherence to regulatory standards and is backed by reserved assets.

Transparency — Blockchain technology facilitates transparency, as all transactions are recorded publicly.

Global Reach — Research has shown that wide availability of prediction markets increases their accuracy. Using decentralized blockchain technology removes the need for a central authority in trading, which fosters fairness and open participation around the globe.

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