Paradigm's Prediction Markets Terminal Aims at Professional Traders

Paradigm, a leading crypto venture fund, is quietly building a new prediction markets terminal aimed at professional traders. According to sources familiar with the effort, the project began in late 2025 under the leadership of Partner Arjun Balaji. The terminal is designed to cater to institutional-style flows and is being developed as a separate entity from retail-focused platforms.

The firm's new platform will likely offer a range of tools and features tailored to professional traders and market makers, including an internal market making desk that places buy and sell orders directly on prediction venues. This would allow Paradigm to support liquidity in event-based contracts, similar to how traditional firms stabilize order books in listed derivatives.

Paradigm is also working with researchers to create new prediction market indexes, which would group multiple contracts into a single tradable basket. These products could help asset managers gain diversified exposure to event contracts but require robust methodology and clear risk metrics to satisfy institutional risk committees and compliance teams.