Veritas Protocol — Institutional Prediction Infrastructure
Veritas is a binary prediction market protocol on Arbitrum Sepolia. Users trade YES/NO outcomes across crypto prices, sports, weather, economic indicators, commodities, and DeFi metrics with on-chain settlement and yield-aware liquidity mechanics.
Core Capabilities
- Binary YES/NO prediction markets with hybrid AMM + CLOB execution
- On-chain settlement via 7 oracle types (Chainlink, Binance, ESPN, Open-Meteo, FRED, Gold API, DeFiLlama)
- 1.5% trading fee: 0.7% to LP reserves (inverse-weighted), 0.3% to gravity pool, 0.5% to protocol treasury
- Position yield from treasury routing (simulated on testnet; Morpho ERC-4626 vault planned for mainnet), distributed to position holders
- Permissionless market creation through Ignition: $50 USDC proposal fee, virtual bonding curve, graduation at $10,000 TVL + 30 participants, 14-day LP vesting
Market Categories
- Crypto Prices — BTC, ETH, SOL, LINK and 15+ tokens (Chainlink + Binance)
- Sports — match outcomes across major leagues (ESPN, TheSportsDB)
- Weather — temperature, rainfall, wind thresholds (Open-Meteo, 12 cities)
- Economic — GDP, CPI, unemployment, Fed rates, Treasury spreads (FRED API)
- Commodities — gold, silver, platinum, palladium, copper (Gold API)
- DeFi — protocol TVL, chain TVL, DEX volume, stablecoin market cap (DeFiLlama)
Technology
Solidity + Hardhat on Arbitrum Sepolia (chain ID 421614). React + Vite + wagmi v2 + RainbowKit frontend. Currently in testnet phase.
Protocol Overview | Litepaper | GitHub | llms.txt