Sumit

Building @GodEyeDotFun | Scaled @WizzHQ from 0 to 1 | I make onchain stuff people actually open twice

[Sumit @smitmakesense]

we’ve built 6 full configuration sections with 20+ custom settings ( some of them don't even exist anywhere else yet ) for copy-traders on @Polymarket

full breakdown in the thread 🧵

[Sumit @smitmakesense]

LOCKED IN

[Jupiter @JupiterExchange]

We’re hosting a $125,000 World Cup Challenge on @jup_predict

If you’re a FIFA World Cup 2026 fan, this one’s for you

All you need to do is correctly predict 5 matches

This isn’t one to miss. Here’s how to participate:

[Sumit @smitmakesense]

@WatcherGuru a few years ago, crypto wanted to replace payment networks.

now the payment networks are adopting crypto rails themselves.

[Sumit @smitmakesense]

@mfardecrouz is it a market?

[Sumit @smitmakesense]

@naruto11eth strategy bought 32 btc

[Sumit @smitmakesense]

@j0hnwang can be possible

[Sumit @smitmakesense]

@base oh really? wen....

[Sumit @smitmakesense]

@coingecko no doubt @Polymarket @GodEyeDotFun

[Sumit @smitmakesense]

@pmitu bro is revealing secrets 💀

[Sumit @smitmakesense]

@Web3Manish @Polymarket peak prediction market

[Sumit @smitmakesense]

@0xSweep hhahaha

[Sumit @smitmakesense]

@pronoy @Polymarket bro getting big volume, how much you are expecting POLY?

[Sumit @smitmakesense]

@dramaricic claude $20

[Sumit @smitmakesense]

@Maximilian_evm true lol

[Sumit @smitmakesense]

@saurav_tweets @Polymarket the dog running into the field

[Sumit @smitmakesense]

@0xDinoCrypto like?

[Sumit @smitmakesense]

@BrokieTrades fun fun fun

[Sumit @smitmakesense]

@qwee_sneaker @Polymarket @PolymarketCS2 leesss gooo

[Sumit @smitmakesense]

tbh i agree with @thenarrator

prediction markets are still in their early stage, similar to how exchanges existed before perpetual futures were invented.

I believe there is likely another market structure that hasn't been discovered yet, one that solves liquidity without relying on market makers, LP subsidies, or platform-funded losses.

[good @thenarrator]

every prediction market mechanism has a core problem it can't escape

CLOB (polymarket, kalshi): needs market makers to function. no MM means empty books. the platform is hostage to the willingness of sophisticated participants to show up and quote both sides. works great for top 10 markets. the other 10,000 markets sit empty because nobody will market make them for the fees available

AMM (traditional DeFi approach): needs LPs who accept that one side of their position goes to zero at resolution. impermanent loss is permanent in binary outcomes. no fee structure compensates for guaranteed 100% loss on half your inventory. LPs either lose money or demand subsidies that make the platform unprofitable

parimutuel (traditional horse racing): no exit before resolution. your payout shifts as more money enters after you. markets must close before events. you're locked in, diluted, and cut off

scoring rules / LMSR (legacy academic approach): the market maker subsidizes all liquidity and accepts bounded loss. generally works for research and play money markets. doesn't scale because someone has to fund the subsidy and the loss is guaranteed

each mechanism solves one problem and creates another

someone needs to build something new

[Sumit @smitmakesense]

MEXC dont know who they are competing with 💀

[Sumit @smitmakesense]

@Punk_Monke keep going