MEXC Launches Institutionally Priced Multi-Event Prediction Contracts

MEXC has launched Combo, a new prediction market product that allows users to combine up to 20 event outcomes into a single position.

Unlike traditional prediction market contracts that rely on order-book pricing, Combo uses quotes provided by institutional liquidity partners, introducing an RFQ-style model for multi-event prediction trading.

MEXC Brings Multi-Event Trading to Prediction Markets

Available initially for sports and selected cryptocurrency markets, the product lets traders build a single contract around multiple events rather than opening separate positions for each prediction.

For example, a user could combine a prediction on a World Cup match outcome with a cryptocurrency price target and settle both within the same trade.

The trade pays out only if all selected predictions prove correct, while a single incorrect outcome results in no payout. Most prediction market platforms today focus on individual event contracts.

Combo allows users to combine multiple outcomes across sports and crypto markets into a single position, giving traders a way to express broader views across multiple events and asset classes.

The exchange entered the sector with a zero-fee prediction market platform, joining a growing number of trading venues seeking to compete with specialised operators such as Kalshi and Polymarket.

Institutional Liquidity Providers Power the Pricing Model

Unlike traditional prediction markets, Combo positions are not matched directly between retail users. Instead, MEXC relies on third-party institutional liquidity providers to support trading and execution.

The pricing model also differs from that used by most prediction market platforms. According to MEXC, Combo operates through an independent request-for-quote (RFQ) mechanism rather than relying on order book-based supply and demand.

While pricing is informed by the probabilities implied by the underlying prediction markets, MEXC said the final quote also takes into account factors such as portfolio risk across multiple events and available liquidity.

“Traditional prediction market platforms are primarily priced through order book-based supply and demand,” Usi said. “In contrast, Combo allows users to combine multiple event outcomes into a single package and relies on institutional quotation mechanisms.”

MEXC did not disclose the identities of the liquidity providers supporting the product, describing them only as professional quantitative trading and liquidity institutions responsible for pricing and market-making functions within the prediction market ecosystem.