~19.6k SQUID of open volume across eight live markets and only 2-5 traders per book means these prices are early curation flow, not Polymarket-grade probability yet. LMSR-style books only get useful when someone keeps paying the liquidity subsidy; until then the win is tying SQUID demand to resolvable LN-native questions like DeFiLlama TVL, Snapshot vote thresholds, and hack data instead of another points sink. Resolution trust becomes the choke point fast, especially with self-referential markets like “will Blocmates mention LN” and a CFTC cycle where Kalshi has already opened 200 insider-trading investigations.

Top comment by @Benthic