OmenX: The first round of the World Cup group stage has concluded, and after several popular match results fell short, the Hedge to Earn event has been launched
According to ChainCatcher, all group stage matches of the World Cup have concluded. In today's final four matches, Portugal drew 1-1 with the Democratic Republic of the Congo, England defeated Croatia 4-2, Ghana won against Panama 1-0, and Colombia triumphed over Uzbekistan 3-1.
From the overall performance of the first round, this World Cup has seen multiple instances where high-probability predictions before the matches did not materialize. Several popular teams were held to draws, and predictions that were considered "high probability" by the market ultimately resulted in losses, leaving many users with one-sided positions facing unexpected losses. For users in the prediction market, the first round of the World Cup once again proved that high probability does not equal low risk, and one-sided positions require hedging tools.
Base's native leveraged prediction market OmenX has recently launched a new Hedge to Earn initiative, with the first phase open to Polymarket position holders. Users can receive corresponding hedging position rewards on OmenX, allowing them to add a layer of risk protection to existing predictions at a lower capital cost, and manage their positions more flexibly in the event of popular outcomes failing, significant market fluctuations, or last-minute trend reversals.
OmenX stated that Hedge to Earn is a new growth initiative launched by the platform around leveraged prediction markets, aimed at helping users transition from "one-sided predictions" to "position management." The initiative is currently ongoing, and users can hedge, adjust positions, and manage risks on OmenX regarding World Cup outcomes, championship titles, and popular sports events.
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