Pronostyx is building prediction markets around specific, local questions that large global platforms tend to overlook, starting with Spanish-speaking users. The platform combines its own liquidity with liquidity from external venues and settles trades on-chain on Base, an Ethereum layer-2 network.
The company argues that prediction markets have grown quickly into a mainstream way to put a number on uncertain events, yet the product on offer across the largest venues is remarkably uniform: broadly the same questions, written in English, framed around US and global headlines.
A Spanish-first starting point
Spanish is spoken natively by close to 500 million people across Spain, Latin America and the United States, but prediction markets in the language are almost non-existent, according to Pronostyx. The platform writes its markets natively in Spanish rather than machine-translating them, with questions reflecting local politics, local football leagues, economic data releases and cultural events. It also offers an English interface for users who prefer it.
The stated thesis is that people trade on what they know. A user in Madrid or Mexico City has an information edge on a question about their own league or parliament, and little edge on a distant election, the company says. Niche markets reward that local knowledge and produce price signals that do not exist elsewhere.
How the platform works
- Hybrid liquidity. Markets draw on the platform's own liquidity and on liquidity from external venues, giving users depth on widely traded questions while allowing Pronostyx to list local markets that external venues do not carry.
- Automated pricing. For its own markets, Pronostyx uses automated market maker pricing, which keeps a market tradeable even when few participants are active.
- On-chain settlement. Trades are executed and settled on Base, with settlement rules described as transparent and verifiable rather than dependent on an internal ledger.
- Named resolution sources. Every market states before trading opens the exact public source that will decide the outcome, and that source is locked. For Spanish markets this means official bodies such as the Boletín Oficial del Estado or Spain's national statistics institute, INE.
- Crypto and card access. Users can fund accounts with crypto wallets, standard payment cards and local payment options.
The case for niche markets
Pronostyx argues that the value of a prediction market lies in the information its price carries, and that a market on a question nobody else covers is a new data point rather than a smaller version of a big market. Local markets, in this view, can aggregate knowledge that polls, analysts and global platforms miss by inviting the people closest to an event to express a view.
The company also frames niche markets as a way to broaden participation, since many Spanish speakers have never used a prediction market not out of lack of interest but because nothing was built for them. For the crypto ecosystem, it says, that means more on-chain activity coming from users and regions that are currently underrepresented.
What's next
The Pronostyx web platform has been live since June 2026 and currently lists hundreds of active markets across politics, sports, economics, crypto and culture. A mobile app is next on the roadmap, starting with Android.
The team plans to keep expanding its catalogue of local markets in Spanish-speaking countries, then apply the same niche-market model to other European markets underserved by the large platforms.
Pronostyx states that it does not offer investment advice and that trading on prediction markets carries the risk of losing the full amount staked. Availability depends on local regulations, and users are responsible for checking the rules that apply where they live.
