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 Second Hourly Prophet Challenge is here. For three weeks, traders will compete individually and in teams to prove their prediction skills and win big rewards.
The challenge will run from October 2nd, 14:00 UTC to October 22nd, 14:00 UTC.
The Hourly Prophet Challenge is built around hourly 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 USDC in total:
1st place ā $5,000
2nd place ā $3,000
3rd place ā $2,000
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.
Best 50 trades matter ā your total score is the sum of your 50 best ROI markets during the challenge.
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 10 active members to qualify for the ranking.
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 Second Hourly Prophet Challenge kicks off on October 2nd 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.
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