Underdog’s UDX Hits $1.2M Day, About 5% of Estimated Companywide Flow

AI Summary Underdog’s in-house UDX exchange recorded a reported $1.2 million in July 27 trading volume, reaching its first million-dollar day ten days after initial test trades. The result suggests Underdog avoided the usual cold-start problem for a new exchange, but UDX appears to be handling only a small fraction of the company’s broader prediction-market activity. Existing […] fulltext: 389 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/igaming/underdogs-udx-hits-1-2m-day-about-5-of-estimated-companywide-flow/ Source: Bitcoin.com News