The platform, unmasked in late June after two-plus years as an anonymous “Trade Everything” teaser account, opens trading in Phantom’s CASH stablecoin and leans on Chainlink oracles instead of human-run resolution.
World, a prediction market built on Solana, went live inside the Phantom wallet and at world.xyz on July 1, using Chainlink as its primary oracle infrastructure, according to the project’s own X post.
The platform lets users trade event contracts on crypto prices and the 2026 FIFA World Cup, with sports, geopolitics and macroeconomic markets planned in the coming weeks.
World is non-custodial, funds move only when a user enters a market, and positions, settlement and redemptions occur onchain. Winning positions settle automatically in $CASH, Phantom’s stablecoin, rather than requiring users to manually claim payouts.
Anonymous Teaser
World’s identity was a mystery for roughly two and a half years before this week’s unveiling. The @world_xyz account had circulated on X since late 2023 with little more than a glowing globe graphic, cryptic posts and the tagline “Trade Everything,” fueling speculation the project could be a meme coin, a trading app or broader Solana infrastructure.
The project’s identity surfaced not through a product announcement but through a legal disclosure: a page on Phantom’s site named “World Prediction Markets” as the non-custodial protocol powering the wallet’s onchain prediction markets, providing order routing to Solana liquidity providers for positions opened on or after June 1, according to Phantom’s disclosure page and help-center documentation. The disclosure was first spotted and publicized on X in late June, per Solana Compassahead of this week’s public launch.
World’s team has not been publicly identified, and the project has no announced token. No funding round or investor backing has been disclosed. World replaces a prior arrangement in which Phantom’s in-app prediction markets ran on Kalshithe CFTC-regulated exchange, via order-routing infrastructure that launched inside Phantom in December 2025.
Chainlink Steps In for Resolution
Chainlink supplies World with market data and resolution infrastructure through Chainlink Data Streams and the Chainlink Runtime Environment (CRE). CRE, which Chainlink launched in November 2025is an orchestration layer letting developers deploy workflows executed across decentralized oracle networks, extending consensus-based verification to off-chain computation and data delivery.
Other event-contract platforms have moved the same direction: Polymarket integrated Chainlink oracles in September 2025 to automate settlement of short-duration crypto price markets, and Aave adopted Chainlink Automation and CRE to automate governance operations across 18 chains. Chainlink separately struck an oracle deal with ADI Predictstreet, an official FIFA World Cup 2026 partner running its own prediction markets.
Pedro Miranda, head of consumer at the Solana Foundation, was quoted in the announcement: “Prediction markets are one of the most powerful applications you can build on a high-performance blockchain. World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are.”
A Fast-Growing Market
World enters a sector that has expanded rapidly over the past year. Kalshi raised $1 billion in May at a $22 billion valuation and passed $100 billion in lifetime trading volume in June, with single-day volume topping $1 billion for the first time during a stretch of overlapping sports events. Polymarket took a $2 billion strategic investment from Intercontinental Exchange in October 2025 at roughly an $8-9 billion valuation and relaunched for U.S. users after acquiring the CFTC-licensed exchange and clearinghouse QCX for $112 million, a deal that closed after the Department of Justice and the CFTC dropped a probe into the platform.
World is not the only Solana-native entrant. Jupiter unveiled a competing “Forecast” beta on June 29 offering 15-minute bitcoin price markets, per its own announcement. Other Solana-based prediction market efforts include Drift Protocol’s BET product and Hxro Network’s Parimutuel Protocol.
Regulatory scrutiny of the sector continues. The CFTC, now chaired by Michael Selig, has moved to expand event-contract access rather than restrict it, publishing a formal rulemaking notice on prediction markets in June, according to the CFTC. Kalshi has continued to face state-level legal challenges over sports-related contracts even as a federal appeals court ruled in April that federal commodities law preempts state gaming law in at least one case, per Skadden’s summary of the Third Circuit decision.
Onchain Backdrop
World’s launch comes as trading activity on Solana has picked up after a volatile year. The network’s decentralized exchange volume totaled roughly $67.3 billion over the trailing 30 days, up about 58% from the prior 30-day period, according to DefiLlama. Solana’s total value locked in DeFi stood at roughly $4.85 billion, down from about $8.68 billion a year earlier, for DefiLlama.
CASH, the stablecoin World uses for settlement, launched in September 2025 as the first stablecoin issued on Bridge’s Open Issuance platform. Its circulating supply has grown to about $121 million, according to DefiLlama — a fraction of USDC’s roughly $73.9 billion and USDT’s roughly $184.9 billion, but up from about $100 million in December, as The Defiant previously reported.
SOL traded at $76.91, up 5.6% over 24 hours and 11.5% over the past week, while LINK traded at $7.38, up 3.1% over 24 hours but down roughly 16.8% over the past month, according to CoinGecko.