Mecone provides infrastructure that enables cryptocurrency exchanges to broaden their perpetual (Perp) derivatives offerings, allowing users to take leveraged directional positions on a wider range of assets. By aggregating real-time data from leading prediction markets, the platform treats each event contract as a synthetic spot market, creating a consensus view of future values. This service helps exchanges expand tradable assets and supports the growth of the derivatives market one asset at a time.
Funding
Funding not disclosed
Founders
Product
Problem
Exchanges offering perpetual (Perp) derivatives often lack reliable, real-time pricing for a wide variety of underlying assets, limiting the range of markets they can provide to traders. Traditional data sources may be slow, fragmented, or not reflective of forward‑looking market expectations.
Solution
Mecone provides an infrastructure layer that aggregates real‑time data from leading prediction markets, treating each event contract as a synthetic spot market. By cleaning, standardizing, and reconciling these forward‑looking expectations with the last known asset values, Mecone continuously generates consensus prices for future outcomes. These prices are delivered via APIs that exchanges can integrate to expand their Perp offerings, enabling leveraged directional trading on a broader set of assets. The platform updates prices continuously, ensuring that traders receive up‑to‑date market signals without needing to build their own forecasting pipelines.
Target Audience
Primary customers are cryptocurrency and digital‑asset exchanges that want to broaden their perpetual derivatives catalog with reliable, on‑chain price feeds for emerging and niche assets.
Features
- Real‑time aggregation of event contracts from multiple prediction markets to form a synthetic spot market for each index
- Data cleaning and standardization pipeline that normalizes disparate market feeds
- Consensus pricing algorithm that reconciles forward expectations with last known values to produce continuously updating asset prices
- API endpoints for exchanges to retrieve live price feeds and integrate them into perpetual derivative contracts
- Modular architecture allowing rapid addition of new indices and asset classes as prediction market data becomes available