Phantom Prediction Market New Positions Migrate to World Protocol
On June 24, the prominent Solana ecosystem wallet application Phantom issued a prediction market disclosure statement, clarifying that as of June 1, 2026, all new positions in its prediction market have been supported by World Prediction Markets (World). The statement aims to transparently inform users about the underlying architecture change of its prediction market product.
World: A Non-Custodial Prediction Market Protocol on Solana
According to Phantom's disclosure, World is a non-custodial prediction market protocol running on the Solana blockchain. The protocol is responsible for order routing, matching, and automated settlement upon expiration. When users initiate prediction market trades through the Phantom front-end, orders are processed directly on-chain by the World protocol, without any centralized intermediary. This design ensures that funds always remain under the user's own wallet control, and the protocol cannot unilaterally move user assets.
Phantom as a Front-End Only: No Custody or Counterparty Risk
Phantom emphasized in the statement that it only provides a front-end interface service, does not hold user funds, does not take opposing positions against users, and does not participate in market making. This means Phantom's role in prediction markets is limited to the user experience layer; all trading and counterparty risks are managed by on-chain protocols and smart contracts between users. For ordinary users, this change is largely imperceptible—they can still participate in prediction markets through the Phantom wallet's built-in feature, but the underlying clearing now relies on the World protocol.
This disclosure comes amid rising interest in cryptocurrency prediction markets. Phantom's decision to place a non-custodial protocol at the core reinforces its product positioning of not touching user assets, aligning with the industry's expectation for decentralized wallets.