Base Protocol's leveraged prediction market OmenX officially launches on the mainnet

May 19th — OmenX has officially announced the launch of its mainnet, debuting a native leveraged prediction market trading platform built on Base. Currently, the platform supports up to 5x leverage, with plans to gradually raise this limit to 10x in future phases. The goal is to deliver a trading experience closer to that of traditional derivative platforms for prediction market users, including enhanced capital efficiency, flexible trading features, and robust risk management tools. Additionally, OmenX has launched the industry’s first Hedge-to-Earn initiative. Initially, this program is available to users with existing positions on Polymarket. Eligible users can claim hedging rights or relevant incentives on OmenX based on their current prediction market positions, allowing them to experience leveraged event trading.