• Pricing: Premium
• Categories: DeFi Development Tool, Betting, DeFi, Protocol,

Monaco Protocol Summary:

Monaco Protocol is a decentralized liquidity network for predictive and betting exchange-based applications on Solana, providing global liquidity, non-custodial security, and in-play betting support.

Monaco Protocol Description:

The Monaco Protocol offers a decentralized liquidity network tailored for predictive and betting exchange-based applications on the Solana blockchain.

It serves as a key infrastructure for prediction markets, enabling operators to provide superior user experiences without relying on traditional black-box iGaming platforms.

The protocol ensures global liquidity, allowing predictive and betting platform operators to share liquidity rather than competing for fragments.

Monaco Protocol focuses on three main areas:

1. Global Liquidity:

Operators share a unified liquidity pool, enhancing market efficiency and depth.

2. Non-Custodial and Secure:

Fully non-custodial with smart risk management and best-price matching.

3. In-Play Betting and Settlement:

Supports in-play betting with order delays and direct wallet settlements.

4. Other notable features include open-source transparency, partial order matching, and regular protocol improvements audited by sec3.

Regularly audited and open-source, it empowers operators and developers to build advanced prediction markets.

Monaco Protocol Pros:

1. Global Liquidity: Offers a shared liquidity pool for operators, enhancing market depth.

2. Fully Audited: Regularly audited by sec3, ensuring security and reliability.

3. Non-Custodial: Users maintain control over their funds, reducing counter-party risks.

Monaco Protocol Cons:

1. Complexity: May require technical expertise to fully leverage its features.

2. Market Dependent: Success relies heavily on the adoption and performance of integrated markets.

3. In-Play Constraints: In-play betting involves delays and off-chain cranking.

Monaco Protocol Use Case:

1. Prediction Market Operators: Utilize Monaco Protocol for creating and managing decentralized prediction markets with robust liquidity.

2. Developers: Integrate the protocol’s features to build innovative betting applications.

3. Traders: Engage in secure, non-custodial betting with transparent and efficient market operations.