2026-01-02 18:27:14

Predictive markets are inherently not suitable for evaluation using the standard of capital efficiency. Insisting on comparing them to the leverage efficiency of perpetual contracts is indeed a false proposition. The design logic and operational mechanisms of the two types of products are completely different, and judging them from a single dimension can easily lead to biased conclusions.

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CryptoMotivator

· 4h ago

That's right. Some people insist on comparing apples and oranges and then conclude that oranges are not good enough. The logic of prediction markets is not originally designed for high leverage, and rigidly applying capital efficiency standards is just absurd.

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TokenUnlocker

· 4h ago

That's right, using a single ruler to measure everything has long been outdated. Prediction markets and leveraged products are fundamentally two different species; trying to force the concept of capital efficiency onto both is just funny.

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GweiWatcher

· 4h ago

You're right, these two are not the same at all. Forcing them to follow the same standard is really like Guan Gong fighting Qin Qiong.

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HodlKumamon