Why Wall Street's Biggest Traders Are Abandoning Crypto for Prediction Markets | Alex Momot

Description

Prediction markets are entering a new phase — and the biggest market makers in the world are taking notice. Alex Momot, Co-founder of Peanut Trade, joins Camila Russo to break down the mechanics, the opportunity, and the risks behind this fast-moving space. Topics covered: -What Peanut Trade does and how it started as a MEV searcher in 2020 -Why prediction markets could be the next big thing for tokenization and AI -Why firms like Wintermute, Jane Street and Susquehanna are eyeing prediction markets -The liquidity crisis in prediction markets and how market makers solve it -Polymarket vs. Kalshi: which is more institutional and why it matters -Insider trading in prediction markets: is it actually a bigger problem? -How AI tools compare markets across platforms to find arbitrage -Hyperliquid's entry into prediction markets and what it means for competition -Whether small startups can survive next to $20B giants like Polymarket and Kalshi -Peanut Trade's roadmap: AI agents that hedge your geopolitical risk automatically [MEDIA PARTNERSHIP] 🔔 Subscribe for more DeFi, crypto, and Web3 coverage from The Defiant. Explore The Defiant ✨ 📰 Website https://thedefiant.io/ ✉️ Free Daily Newsletter https://thedefiant.io/newsletter/defi... 🤑 Weekly Premium Newsletter https://thedefiant.io/newsletter/defi... ✊ Follow The Defiant X/Twitter: https://x.com/DefiantNews 📬 Contact our Newsroom [email protected] 🤝 Sponsorships & Partnerships [email protected] #TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain #Web3