A permissioned venue for event risk.
Parimutuel markets on clearly specified real-world events — on a permissioned instance of the Canton Network, already in production at Goldman Sachs, BNP Paribas, and other global financial institutions.
Parimutuel by design
All stakes flow to a shared pool. Payouts are deterministic, on-ledger, and eliminate bilateral counterparty exposure.
Permissioned access
Onboarded institutions only, with full KYC/AML controls and attributable participation.
Sub-transaction privacy
Positions, margin, and collateral are private at the ledger level. Only aggregate depth is public.
Atomic settlement
Sub-two-second ledger finality. Automated payout typically under 60 seconds of resolution.
Will the Fed cut rates by at least 50bps at the next meeting?
Live market preview
Private positions. Public prices.
Canton's sub-transaction privacy is architectural, not retrofittable. Only you and the venue see your positions, margin, and collateral.
Deploy size without revealing direction. Build strategy without telegraphing thesis.
Built on Canton.
Parallax runs on the Canton Network — the enterprise ledger already operated across major banks, asset managers, and exchanges. Byzantine fault tolerance, deterministic finality, and sub-transaction privacy are what make this venue possible.