New Era for Prediction Markets: SX Bet Launches First-Ever P2P Parlays and $50K Tournament
Toronto, Canada, 10th October 2025, ZEX PR WIRE, SX Bet, the leading sports-focused on-chain prediction market, unveiled the industry’s first peer-to-peer parlays, a new $50,000 USDC “Potential Return” tournament, and a set of liquidity and execution upgrades that tighten spreads and raise fill rates across the venue.
The launch also introduces real protocol revenue: in the first four days, SX bought back over 380,000 SX tokens from platform fees, with 100% of those fees flowing to SX buybacks and the community fund.
“Parlays have always been a cash cow for traditional sportsbooks,” said Jake Hannah, co-founder of SX Bet. “We’ve taken that product and made it peer-to-peer and open source, so prices are discovered by competition rather than determined by a house line. It’s a fundamental...
