Ethereum co-founder Vitalik Buterin has welcomed prediction market platform Trueo's planned migration from Base to Ethereum mainnet, describing the project as dedicated to decentralization and ethical design.
In a post on X, Buterin praised Trueo for pursuing "interesting and meaningful things" with prediction markets. Trueo announced the move on September 21, explaining that it first launched on Base in March 2025 as an experimental environment when Ethereum mainnet gas costs were higher.
Strategic Rationale for Migration
Trueo stated that Ethereum mainnet is a better fit for its long-term vision of building a platform that is "widely adopted, broadly integrated, fully permissionless, mostly immutable, and highly credible." The team emphasized that the decision reflects Ethereum's network effects and global integrations, as well as alignment with the project's philosophy, rather than dissatisfaction with Base.
The company noted that migration will not interrupt trading on Base, and its TYD asset will continue accruing yield. Existing Base markets that expire after migration will remain accessible through the official app using the current resolution system.
Focus on Dispute Resolution and Oracles
Trueo's immediate priorities after migration include attracting liquidity in major market categories and releasing the next generation of its oracle. The platform argues that prediction markets depend heavily on outcome resolution and that existing systems lack adequate due process when disputes arise.
Trueo's oracle is designed to process evidence from multiple legitimate data sources to reach outcomes. According to the team, user feedback has identified this system as a primary attraction for traders.
Market Response and Competitive Landscape
TRUE, the protocol's native token, saw significant price movement following Buterin's endorsement. The token's market cap increased from approximately $1.7 million to over $12 million in the hours after the announcement. At the time of reporting, the token was trading around $0.15, though this represents a decline from its August 2025 all-time high of $0.26.
The migration comes as rival prediction market operators face legal challenges. Kalshi and Polymarket have been sued over alleged unlicensed sports betting, with Baltimore officials filing suit in one case and the New York attorney general arguing in another that event contracts violated state gambling laws.
