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ParlayX

ParlayX is a sports betting platform where bets are backed by a shared liquidity pool funded by users.

Videos

Description

ParlayX is building aggregation infrastructure for prediction markets. Today, liquidity for sports prediction markets is fragmented across multiple venues, forcing users to manage separate platforms, accounts, and balances. ParlayX aggregates these venues into a single interface that allows users to access sports markets in one place.

For the hackathon we are showcasing the first step toward that vision: a consumer sports betting platform where users can build parlays backed by a shared liquidity pool instead of a centralized sportsbook. Users place bets while others deposit funds into the pool and act as the house.

Over time the platform evolves into a hybrid system where single bets route to prediction market venues through our aggregation layer, while parlays remain backed by the shared liquidity pool on our platform.

Progress During Hackathon

<p>Built and launched on Arbitrum testnet a current iteration of our in house native parlay pool contracts. We integrated the deployed contracts directly into our existing client side web application, wiring up wallet interactions and contract calls through a suite of custom hooks. <br><br>We ran end-to-end testing across the full lifecycle depositing liquidity, placing parlay bets, resolving outcomes, and processing withdrawal validating that NAV calculations, LP minting, and other pool mechanics all behaved correctly against the protocol spec.</p>

Tech Stack

ReactJavaSolidityNext

Fundraising Status

<p>We are currently raising a $1M pre-seed round to support the launch of ParlayX and expand our prediction market infrastructure. The round is structured as a SAFE.</p><p></p>

Team Leader
AAndrew Gonzalez
GitHub Link
github

GitHub

https://github.com/AleaNetwork/smartcontract_ARB_DEMO
Product Category
InfraDeFi