Clearmatics Launches ’Forecast Markets’ to Challenge Polymarket in DeFi Derivatives

Clearmatics is entering the competitive decentralized finance (DeFi) derivatives space with its new 'forecast markets,' a class of dated futures contracts that track real-world data streams. These on-chain instruments allow traders to speculate on everything from crypto indexes to inflation metrics and even environmental data.

The platform will launch on Autonity, an upcoming layer-1 blockchain specializing in autonomous futures markets, and its Autonomous Futures Protocol. 'Forecast Markets will take the DeFi and TradFi space by storm,' Autonity's team declared in a recent statement, positioning time-series data like CPI and unemployment figures as tradable assets.

This move comes as the crypto derivatives sector experiences renewed interest, fueled by Polymarket's success and the growing popularity of Hyperliquid perpetuals. While established players dominate, Clearmatics aims to bring institutional-grade structure to the space.