Underdog taps zerohash to bring crypto deposits to prediction markets
The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.
Asanat Analysis — Why it matters
Underdog's integration with ZeroHash signals a structural shift in how prediction market platforms handle on-ramp friction. ZeroHash specializes in institutional-grade crypto settlement infrastructure, suggesting Underdog is moving beyond retail-native deposit flows toward professional market maker liquidity. The 24/7 deposit window is operationally significant—traditional prediction markets often bottleneck on settlement windows, creating arbitrage opportunities and limiting participation during off-hours trading.
For the prediction market sector, this represents a competitive pressure point. Platforms like Polymarket and Hyperliquid have thrived partly on frictionless entry; Underdog's move to match that UX with institutional-grade backend infrastructure indicates the category is maturing beyond 'fun contracts' into venues where serious capital allocation occurs. ZeroHash's involvement also signals fintech infrastructure providers are betting prediction markets become material volume drivers—a recognition of regulatory clarity potentially emerging around event markets.