
Probity
Company details
Probity is a decentralized prediction markets platform running on the Solana blockchain, where users trade shares of the outcomes of real events using the USDC stablecoin as collateral. Its architecture combines smart contracts for creating markets and trading with an oracle layer that provides verification of the outcomes of events from the outside world. The protocol operates through a dynamic pricing mechanism based on supply and demand for YES or NO shares, and all settlements are performed automatically and non-custodially once the event is resolved by the oracles.