Pascal is a decentralized prediction market platform engineered specifically for professional traders and institutional clients. Headquartered in New York, the protocol offers high-throughput, low-latency financial tools modeled closely after perpetual futures. By focusing on real commercial risks, the platform enables enterprises to hedge exposure and manage risk efficiently while enjoying lower transaction fees compared to traditional prediction markets.The infrastructure utilizes advanced smart contracts to support deep order book liquidity and sophisticated trading mechanisms without relying on centralized intermediaries. Backed by prominent venture capital firms including Union Square Ventures, the ecosystem provides a robust trading environment for diverse real-world events. Through its high-performance design, the network aims to redefine the prediction market landscape by merging high-frequency trading capabilities with decentralized financial design.

July 16, 2026 Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket.

Pascal

Pascal is a decentralized prediction market platform for traders.

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New York-based prediction market platform Pascal has raised a $9 million Series A led by Union Square Ventures, following a $6 million seed round in August backed by Wintermute Ventures and DBA. The firm aims to build a low-fee, high-liquidity venue modeled on perps for professional and institutional traders, competing with Kalshi and Polymarket.

Pascal

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Prediction market startup Pascal raises $9M Series A led by USV to target pro traders