Polytrader AI Just Launched an Autonomous Agent for Prediction Markets. Here's Why it Matters

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Decrypt 1 year ago 142

Two tech trends that made headlines this year are about to collide: prediction markets and AI agents.

In a bid to capture the craze, Polytrader AI, an autonomous AI-driven trading assistant for prediction markets, has launched on Virtuals Protocol.

The team representing Polytrader says it’s the first AI agent made specifically for prediction markets. The product helps users "identify and capitalize on trading opportunities," Decrypt was told.

Plugging into Polymarket's API, the agent helps analyze news, trends, and data in real-time. It then calculates how spot mispricings and probabilities align, executing trades on behalf of users.

Polytrader's launch comes as Virtuals Protocol is spurring growth in the AI agent sector. Its token, VIRTUAL, has risen to $1.9 billion in market capitalization by November 30. Data from CoinGecko shows that it has since crossed over $2 billion. Polytrader's POLY token on Base is down 22.8% at the time of writing.

Virtuals Protocol, launched in January on Coinbase's Ethereum laye...



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