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Grail Market

Grail Market is a decentralized, cross-chain prediction platform built on an EVM-compatible blockchain. It offers a wide range of prediction markets, including Forex, Crypto, Stocks, and more.

Grail Market

Created At

ETHOnline 2024

Winner of

Envio - Best Use of HyperIndex

Morph - Consumer Centric Track

Project Description

Grail market is cross-chain decentralized prediction betting marketplace, the platform is designed to be permissionless, anyone can create a new market with price feed supported by the Pyth Network. Markets rounds are designed to last a minimum of 4 minutes and maximum of 30 minutes.

After a market round is started it can be settled after the configured market duration has elapsed, if position only exists on a single side of the prediction, the round is cancelled on settlement and users can claim back their stakes but if positions exists on both sides, the round is settled successfully and the reward pool is split based on the winning side multiplier.

Also users can cancel a round for any reason after 30 minutes past the round closing time.

How it's Made

Grail market as a prediction market relies on oracle data, and we integrated with the Pyth Network which is a pull based oracle. The Smart contract is designed to work with native and ERC20 compatible tokens. We have deployment on Hedera testnet, Chiliz Spicy testnet, Morph Holesky testnet. We have also integrated with envio as our blockchain indexing solution to take advantage of it's fast and multi-chain indexing solution to offer an intuitive and seamless experience to our users

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