Automatic Netting
Offsetting positions automatically release capital.

‍Token Abstraction
Tokens do not need to be converted into different representations in order to carry out transactions.

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Decentralised Matching
Matching trade intents no longer requires centralisation.

‍New Automatic Market Maker
ZAMMs are non-inventory-based Market Makers. They only require the capacity to adjust their exposure. Without needing specific tokens.

Native Assets
Wrapped underliers embed the zero sum financial rules directly into the asset.
Wrapping and unwrapping is permissionless.

‍Permissionless Markets
Anyone can create new markets.

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Modular Resolution
PredictionSwap supports multiple oracle and resolution mechanisms.

Market creators define how and when markets resolve.

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Capital is held and locked in the ledger to ensure solvency of accounts and markets.

Deterministic position accounting enforced at the protocol layer. Collateral invariants and state transitions are applied automatically.

ZAMMs, orderbooks, relayers, and hybrid venues discover price. Execution is modular and independent of settlement.

Markets are instantiated in the protocol with preconfigured oracle mechanisms.

Protocol-native ERC20 wrappers of supported assets. Wrapping and unwrapping is permissionless.

Non exclusive ERC20 tokens that automatically net back to the wrapped underlier.