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Delphic

Trade Prediction Markets using yield-generating collateral without selling your assets.

Prediction Markets DeFi & Tokenization

What it is

What it is?
Delphic is a platform that allows users to open Prediction Market positions on Polymarket using yield-generating assets such as wstETH instead of idle stablecoins.

What Problem Are We Solving?
Today, over $170 billion is locked in DeFi, and more than $60 billion sits in liquid staking tokens like stETH and wstETH. However, these assets cannot easily be used as trading capital on prediction markets like Polymarket, which require USDC. As a result, users are forced to either sell their yield-bearing assets or keep separate capital in stablecoins.

How it Works
Delphic unlocks this capital by allowing users to deposit yield-generating tokens into a margin account, which is used as collateral to borrow USDC from Aave. That USDC is then used to open positions on Polymarket. By combining lending markets, cross-chain messaging, and automated execution workflows, Delphic enables users to trade prediction markets while continuing to earn yield on their underlying assets.

How it Works

Delphic combines smart contracts, cross-chain infrastructure, and automated workflows to enable prediction market trading backed by yield-generating collateral. Users deposit assets such as wstETH into a Delphic margin account, where the collateral is used to borrow USDC from Aave. The borrowed USDC is then bridged to Polygon using Chainlink CCIP, where Polymarket operates. Users generate signed Polymarket orders through the Delphic interface. These signed orders trigger OpenPositionRequest events that are monitored by a Chainlink CRE workflow. The CRE workflow listens for these events and executes the orders on Polymarket on behalf of the user. When a user wants to exit a position, a ClosePositionRequest event is emitted. Another CRE workflow listens for this event, closes the position, bridges the resulting funds back using Chainlink CCIP, and automatically repays the Aave loan before returning the remaining balance to the user’s margin account. This architecture enables a fully automated lifecycle for opening and closing prediction market positions backed by yield-generating collateral.

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Created by

  • Christopher Sastropranoto
  • Christian Widjaja