Skip to main content
A lot of action happens before a particular event outcome is even finalized. Narratives and opinions shift as new information emerges. With old trading models your only option for participation was indirect. Buy a stock, sell an option, wait for the outcome. With Ascend, you now have the opportunity to trade on the probability of a particular outcome in real-time. Perpetually, with leverage.

​
What is Ascend?

Ascend is a fully verifiable events perpetuals platform for leveraged trading on probability of outcomes, metals, commodities, stocks, and crypto.
Ascend Platform
Ascend is built on Midnight, enabling fast, private, and institution-ready execution across Cardano, EVM, and Solana with multi chain trade settlement enforced by zero-knowledge proofs while inheriting Cardano’s security through Midnight. Traders take directional positions on prediction percentages across outcomes, metals, commodities, stocks, and crypto, using a perpetual market structure with continuous pricing and deterministic settlement mechanics. Markets on Ascend express exposure through LONG / SHORT positions on probabilities, while offering the depth, flexibility, and tooling of a modern perpetuals exchange.

​
Markets on Ascend

Prediction markets

Markets based on real-world outcomes such as elections, policy decisions, court rulings, or economic releases. Each outcome is priced as a probability that moves as new information appears.

Real world event markets

Short and medium horizon markets tied to specific events. These focus on how expectations shift leading up to a clear resolution.

Crypto outcome markets

Markets that express probabilities for crypto related conditions, such as short term price direction or network events. Example: Will BTC reach a specific level within a defined window?

Macro outcome markets

Markets for equities, metals, and commodities such as stocks, gold, or silver. These markets express directional probability rather than asset ownership.

​
How Ascend Works

1

Choose a Market

Select an outcome market expressed as a percentage, covering outcomes, metals, commodities, stocks, or crypto.Each market represents the current probability price.Trade the probability you think the market is mispricing.
2

Long or Short the Probability %

Take a LONG position if you believe the probability will move higher, or a SHORT position if you believe it will move lower.Set your position size and leverage within the market’s margin framework.Your exposure scales with leverage, while risk is governed by explicit market rules.
3

Trade the Move

As the probability price moves in your favor, PnL scales with your leveraged exposure.Positions update continuously, and you can close or adjust at any time, settling according to deterministic market mechanics.

​
What Makes Ascend Different

Ascend applies perpetual exchange mechanics including continuous markets, leverage, margin frameworks, and orderbook based trading to prediction prices rather than underlying assets.This allows traders to operate fully within a prediction market context, while accessing familiar perp style functionality.
Traders express directional conviction on probability prices using leverage, scaling exposure according to explicit margin and risk parameters.Position behavior is governed by market rules, position size, and pricing dynamics.
Prediction markets on Ascend operate as always on markets.Probability prices update continuously, and positions may be opened, adjusted, or closed at any time within the market’s trading rules.
Positions settle according to deterministic rules tied to prediction price movement and market state.Settlement outcomes follow predefined formulas and processes, providing consistent and transparent behavior across all markets.

Next: Vision

Understand why prediction perpetuals are the future of outcome markets