Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
A Polymarket trader exploited a UFC broadcast mistake, arbitraging $676 in under a minute to $67,000, achieving nearly 100x profit.
Deep Tide TechFlow message, March 30, according to CoinDesk, on the decentralized prediction market platform Polymarket, a trader used a mistake in the UFC event broadcast to convert approximately $676 into approximately $67,000 within less than one minute, earning nearly a 100x profit.
In this UFC heavyweight bout, Tyrell Fortune defeated Marcin Tybura to win. However, the arena announcer, Bruce Buffer, initially misread the result and reported Tybura as the winner. As a result, on Polymarket, the share price of Tybura surged to as high as $0.99, while Fortune’s share fell to about $0.01.
After the false report, the trader LlamaEnjoyer (X account Verrissimus) noticed something unusual, abandoned the plan to buy $100,000 worth of Tybura shares at $0.99, and instead bought Fortune shares worth $676 at $0.01. A few seconds later, the UFC corrected the broadcast; the price of Fortune’s shares immediately rebounded to $1. The trader therefore profited about $67,000.