Nexode, an on-chain prediction market developed by K2F Labs, is now live on Canton Network with incentives for new and active traders.
The platform allows users to trade on the outcomes of real-world events through prediction markets. Nexode describes its markets as private, with positions and settlement handled on-chain through Canton.
New users can earn a one-time $5 USDCx welcome reward after completing five trades. The reward is limited to one per wallet and is credited to the user’s Nexode balance during the next daily payout after qualification.
Nexode is also running a weekly leaderboard based on exchange trading volume across its markets. The five highest-volume traders share a $100 USDCx pool. First place receives 40%, followed by 25% for second, 15% for third, 12% for fourth and 8% for fifth.
Leaderboard volume is calculated using the notional value of completed trades. Self-trading and wash trading do not count toward the rankings. Rewards are distributed every Monday at 00:00 UTC for the preceding seven-day period.
The launch adds another user-facing market application to the Canton ecosystem while introducing incentives tied to participation and trading activity.
Further information is available through the Nexode website, its X account and Telegram channel.
