The landscape

Deployed contest platforms, prediction markets, and the mechanisms they run, classified by what participants submit, how it settles, whether an aggregation stage exists, and what state threads between rounds. Surveyed July 2026; corrections and additions welcome by PR.

The classification follows the algebra paper: a stage consumes reports, threads a state (wealth, reputation, stake), and emits an aggregate plus transfers. Multi-stage below means one mechanism's output is the priced or scored object of another, not merely a repeated game. The Chaining column marks entries with that structure, and any column header can be clicked to sort. One further axis matters: whether the reused output is a point (a price, a projected winner), which is ordinary derivative structure, or probabilistic (a distribution, percentile, rank), which is rare; the closing section keeps the two apart. Statuses with (?) could not be fully verified.

Probability markets

PlatformSubmitsMechanismChainingAggregationStateStatusSince
Polymarkettradesorder book, on-chain settlementpricewealthlive2020
Kalshitradesregulated order book (CFTC DCM)pricewealthlive2021
PredictIttrades ($850 cap)order book (no-action letter)pricewealthlive2014
Iowa Electronic Marketstradesorder book (academic)pricewealthlive1988
Betfair Exchangeback/lay betsorder book on odds; Betfair SP reconciles the book parimutuel-styleoddswealthlive2000
Smarketstradesorder bookoddswealthlive2008
FutuurtradesAMM (LMSR family)pricewealthlive2017
Hypermindtrades (prizes)order book + curated panelsprice + panelreputationlive2014
Manifoldtrades (play money)AMM; derivative and self-referential markets on other markets existpriceplay wealthlive2021
Metaculusprobabilities, CDFsproper-score leaderboardscommunity aggregate + internal recalibrated modelreputationlive2015
Zeitgeisttradeson-chain AMM + dispute stakingpricewealth, stakelive (?)2021
Azurobetspeer-to-pool AMMpool oddswealth, LP stakelive2022
Insight Predictiontradesorder book (crypto)pricewealthlive, thin (?)~2022
Drift BETtradesorder book (Solana)pricewealthlaunched 2024 (?)2024
Hollywood Stock Exchangetrades (play money)dealer market makerpriceplay wealthlive1996
Augurtradeson-chain book + staked dispute rounds on the reported outcomepricewealth, REP stakedefunct2018–~2022
Intradetradesorder bookpricewealthdefunct2001–2013
SciCast / DAGGREtrades (play money)combinatorial LMSRpriceplay wealthdefunct2011–2015

Polymarket also lists markets whose subject is a named forecaster's output (the Nate Silver markets of 2024 onward): a real-money market on a forecast, which is a genuine two-stage structure. Dispute layers (UMA's optimistic oracle resolving Polymarket, Kleros appeals, Reality.eth bond escalation) are staged bonded games on a first-stage answer rather than second-stage markets.

Forecasting tournaments and polls

PlatformSubmitsMechanismChainingAggregationStateStatusSince
Good Judgment OpenprobabilitiesBrier leaderboardscommunity aggregate; feeds Superforecaster selectionreputationlive2015
Good Judgment Incprobabilities (vetted panel)paid panelproprietary weighted poolreputationlive2015
RAND Forecasting Initiativeprobabilitiesscore leaderboards (ex-INFER, ex-Foretell)algorithmic crowd aggregatereputationlive2020
IARPA ACE / GJPprobabilitiesmulti-team tournamentaggregation was the research objectreputationover2011–2015
IARPA HFChuman-machine probabilitieshybrid forecasting tournamenthybrid aggregationreputationover2017–2020
M-competitionspoints, intervals, quantiles; M6 added portfoliosone-off prize contestspost-hoc analysis onlynoneM6 complete; no M7 announced1982
Estimizepoint estimates (EPS, macro)leaderboardweighted consensus resold as a quant data productreputationlive2011
Kagglemodel predictionsleaderboard prizes, hidden test setnonereputationlive2010
Replication Marketsprobabilitiesplay-money LMSR + surveysmarket vs survey comparisonplay wealthover2019–2021

Quant and staked tournaments

PlatformSubmitsMechanismChainingAggregationStateStatusSince
Numeraiequity predictionsNMR staking, burns; paid CORR and marginal contributionstake-weighted meta-model trades a hedge fundstakelive2015
Numerai Signalsuser-sourced signalsNMR stakingSignals meta-model into the fundstakelive2020
Numerai Cryptotoken rankingsNMR stakingcrypto meta-modelstakelive2024
CrunchDAOmodel code on hidden dataprize pools, USDC payoutsensemble delivered to clients; crunchers also feed Bittensor SN6reputationlive2021
WorldQuant BRAINalphas (code)consultant contracts paid on out-of-sample alphaalphas combined into internal portfoliosreputationlive2016
Quantiacstrading systemslive out-of-sample contest, allocationsnone (selection, not pooling)track recordlive2014
QuantConnect Alpha Streamsalgorithm signal streamslicensing marketplacefund-side selectionreputationdefunct (~2022)2018
monteprediction220 joint scenarios, 11 sector ETFs, weeklydensity-proportional pot split; wealth threads across rounds, penalty for missing a weekcommunity joint distribution and momentswealthlive2024
microprediction225-sample distributional submissions on live streamsrepeated nearest-the-pin lotteriescommunity CDF per stream; z-streams and bivariate/trivariate dependence streams were themselves contestedwealthdefunct2019–2023

Crypto forecasting networks

NetworkSubmitsMechanismChainingAggregationStateStatusSince
Synth (SN50)Monte Carlo price-path ensemblesCRPS-scored, softmax emissionspooled into a synthetic-data product for DeFistakelive2025
Numinous (SN6)event probabilities, forecasting agentsBrier-scored emissionsconsensus model; targets and resolution are Polymarket marketsstakelive2024
Taoshi PTN / Vanta (SN8)trade signalsscored track records, emissionssignals packaged into productsstakelive2023
Ocean Predictoorstaked up/down predictions (5 and 60 min)parimutuel slash-and-redistributestake-weighted feed sold to botsstakelive2023
Allorainferences; a second tier forecasts the workers' lossesperformance-weighted emissions, EMA reputationon-chain synthesis of both tiersstake, reputationlive2025 mainnet
Zeus (SN18)gridded weather fieldserror-scored emissionsbest-miner selectionstakelive~2025
Precog (SN55), Sportstensor (SN41)price / sports forecastsscored emissionsaggregate predictionstakelive (?)~2024
PondML modelscompetition prizeswinning models deployed into agentspointslive~2024

Totes

OperatorSubmitsMechanismChainingAggregationStateStatusSince
Ellerslie — Julius Totalisatorbetsthe first automatic totalisator: George Julius's electromechanical machine computed and displayed parimutuel pool odds live (Ellerslie Racecourse, Auckland)pool oddswealthhistoric (first of its kind)1913
US racetrack totebetsseparate parimutuel pools per bet type: win/place/show carry the margins, exacta/trifecta/pick-6 the joint orders (daily double 1931, exacta 1960s, trifecta 1971)pool odds per pool; Harville map is the cross-pool consistency conditionwealthlive1870s
Hong Kong Jockey Clubbetsparimutuel at the largest per-race scalepool oddswealthlive1884
Japan Racing Associationbetslargest tote by handlepool oddswealthlive1954

The tote is the oldest margins-and-dependence market structure we know of, and it is parallel, not chained: marginal and joint pools run simultaneously on the same races, neither settling on the other's output, with consistency between them left to arbitrage. The documented win-versus-exotic strategies (Hausch–Ziemba–Rubinstein and successors) are that consistency trade.

Financial-market analogues

MarketSubmitsMechanismChainingAggregationStateStatusSince
Two-settlement electricityoffers, bidsday-ahead auction, then real-time settlement with deviations from day-ahead positions in the settlement formula; same commodity settled twice (PJM, CAISO, ERCOT, EU)locational priceswealth (collateralised)live1990s
Virtual / convergence bidspurely financial bidsinstruments written on the day-ahead stage's output: payoff is the day-ahead-to-real-time price spread, a bet on the first stage's pricing errorwealthlive2000s
FTR / CRR auctionsbids on congestion spreadsinstruments settled on day-ahead congestion prices, a derivative on the first market's published outputauction priceswealthlive1998
Index-vs-single-name dispersionoption tradesparallel books: single-name options carry the margins, index options the joint; implied correlation is the consistency variable, traded by arbitrageimplied correlationwealthlive~1999
CDO base correlationtranche tradesparallel books: single-name CDS carry the margins, tranches the dependence; the base-correlation curve is the consistency variablebase correlation curvewealthlargely historical2004–2008
CME weather derivativesfutures, options on degree-day indicesexchange order bookpriceswealthlive1999

The structures, kept distinct

Chained on point outputs (one market's price is the settled object of another): every derivative, and in electricity the virtual bids and FTRs written on day-ahead prices; Polymarket's markets on Nate Silver's projected winner; Numinous scoring against Polymarket resolutions; Allora's second tier predicting the first tier's losses; Numerai paying marginal contribution to its meta-model. These are translations of a point output, ordinary derivative structure, ubiquitous and old.

Chained on probabilistic outputs (one mechanism's distribution, percentile, or rank becomes the message or settlement transform of another): the retired microprediction platform's z-streams and dependence streams. Manifold's resolves-to-market markets settle one market at another's displayed probability, which for a binary event is its whole distribution, but with no exogenous outcome anywhere in the chain there is no proper scoring anchor: the equilibrium is indeterminate, and these run as play-money beauty contests. We know of nothing else.

Parallel factored (margins and dependence in separate simultaneous books, neither settling on the other, consistency left to arbitrage): the racetrack tote's win versus exotic pools; index versus single-name option books (dispersion); tranches versus single-name CDS (base correlation). Separate pools are not chaining; the books can disagree, and the documented strategies trade the disagreement.

Repeated with threaded wealth (one game, state carried across rounds): monteprediction, and the totes and exchanges round by round.

Nothing live chains probabilistic output, distributional elicitation into residual or dependence markets with wealth as the routed state. That gap is the subject of the algebra paper's open problems.

Know a platform that belongs here? Open an issue or PR on microprediction/mechanisms.