THE HUDDLE. Issue 02. July 31th
July was a different kind of month: we shipped KIX, the PnL Leaderboard, a new Referral Program, Flexible Market Resolutions, integrated Chat with in-app trading, and Limitless Research. We were in Tokyo and Seoul.
The Hourly Prophet Challenge is here. Traders compete individually and in teams to prove their prediction skills and win big rewards.
The challenge will run from November 3nd, 14:00 UTC. From now on, we are running a new Prophet challenge every week starting Monday.
The Hourly Prophet Challenge is built around 1h and 30min prediction markets. Every trade you place counts toward your performance on the leaderboard ā individually and as part of your team.
The individual prize pool is 10,000 LMTS in total:
1st place ā 5,000 LMTS
2nd place ā 3,000 LMTS
3rd place ā 2,000 LMTS
Hereās how the individual leaderboard is calculated for the Second Hourly Prophet Challenge:
Qualify with a $10+ trade ā place at least one trade of $10 or more in a single market.
Only positive trades count ā markets where you have a negative ROI wonāt reduce your score.
No downside risk ā bad trades donāt drag you down; you can only go higher.
More trades = more chances ā if you make more than 50 positive trades, only your best 50 are counted, giving you more opportunities to climb the leaderboard.
Example: If you made +15% on one market, +8% on another, and so on, the top 50 of these results will be added together to form your final score.
Alongside individual rewards, teams compete for leaderboard glory.Ā
Teams are ranked by the average traded volume of their active members.
This means we take the total traded volume of the team and divide it by the number of active traders considered (top 90% of active members). The result, the average traded volume, is what defines a teamās position on the leaderboard.
An active trader = someone who placed at least one bet of $10+ on hourly markets.Ā
All trades from active traders count toward the teamās average ā the $10+ rule is only for qualification.
To ensure fairness, the calculation includes the top 90% of active traders in each team.
A team must have at least 20 active members to qualify for the ranking.
No counting of tails trading (98%+ positions)
On the last day, new users wonāt be able to join the challenge
During the final 3 days, no new teams or captains can be added
This way, every team has a genuine opportunity to compete, regardless of its size.
Team prizes:
1st place ā Ć2 multiplier on all points earned from hourly markets during the challenge
2nd place ā Ć1.5 multiplier
3rd place ā Ć1.25 multiplier
The Hourly Prophet Challenge kicks off on November 3rd at 14:00 UTC.
Sharpen your predictions, trade consistently, and rally your team ā the leaderboard awaits.
Limitless
23 stories on Limitless.
July was a different kind of month: we shipped KIX, the PnL Leaderboard, a new Referral Program, Flexible Market Resolutions, integrated Chat with in-app trading, and Limitless Research. We were in Tokyo and Seoul.
Hey everyone, Weāve had a lot to put in front of you this month, so weāre starting The Huddle: a monthly letter where you get the full picture in one place. The short version of June: we shipped Packs and User-Generated Markets, made trading faster, launched a $1M WC2026 challenge, and signed NAVI and Clarence Seedorf.
The only player to win the Champions League with three different clubs joins Limitless as brand ambassador ā his verdict on Yamal, MbappĆ©, Messi and more.