SX Bet Purchases 90,067 $SX Tokens in Latest Revenue Buyback
SX Bet Purchases 90,067 $SX Tokens in Latest Revenue Buyback
💰 SX buyback continues
SX Bet continues token buyback program with latest purchase of 90,067 $SX tokens using parlay revenue from October 27 - November 3.
Key details:
- All purchased tokens added to SX community fund
- Part of ongoing buyback initiative launched October 1st
- Revenue generated from platform's parlay betting activity
Recent momentum:
- Platform hit $0.8B all-time betting volume milestone
- Record weekly volume of $12.2M achieved
- Daily volume peaked at $2.7M+
The buybacks demonstrate SX's commitment to value creation through platform usage, with 100% of parlay revenue funding these token purchases that benefit the community fund.
This weeks stats on SX Bet.👇 Close to 27,000 bets and $3M in parlay volume with the tournament kicking off. Prediction market supercycle.
gParlay. Tournament is LIVE. Who's taking the $10,000 USDC first prize?
Buyback alert! 90,067 $SX purchased with parlay revenue generated Oct. 27th through November 3rd.
Buyback alert! Bettors wagered over $1.2M on peer-to-peer parlays this past weekend. We've purchased 135,811 $SX using the revenue generated through parlays and added it to the community fund.
Another record-breaking weekend in the books for SX Bet. > All-time high weekly betting volume ($12.2M) > All-time high daily betting volume ($2.7M+)
Buyback alert! Users bet $4.5M+ on parlays from Oct 23rd - Oct 27th. 112,084 $SX has been purchased with the revenue generated and added to the SX community fund.
Almost $2.2M traded on our sports markets yesterday, a new all-time high for daily betting volume on SX!
This bettor cooked up a 2 leg CFB underdog parlay that will turn $331 into $14K if these upsets happen. Prediction market leverage, only on SX Bet.
Buyback alert! We've bought back 138,446 $SX using parlay revenue. 100% of SX purchased through buybacks is added to the community fund.
SX has now cleared $0.8 billion in all-time betting volume. The next $0.8B will come much, much faster. Don't believe me? Check the chart.
Another record-breaking weekend in the books for SX Bet. > All-time high weekly betting volume ($12.2M) > All-time high daily betting volume ($2.7M+)
One week into the Parlay Launch Tournament: - $3.4M+ Matched parlay volume - $2.7M+ Potential profit - 205K+ $SX purchased with parlay revenue Three weeks left to climb the leaderboard!
The first buyback has been made: 12,112 $SX purchased using 100% parlay revenue generated over the last ~24 hours. I wonder what's going to happen when our $50,000 parlay competition begins next week...
x.com/i/article/1973…
The Parlay Launch Tournament kicks off tomorrow with 50,000 USDC on the line. Need a refresher on parlays? We’ve got you covered.
Buyback #2 is complete: we've purchased an additional 30,998 $SX using this weekend's parlay revenue. Spin sxwheel, spin.🛞
SX Bet NFL Orderbooks Show Strong Activity
**SX Bet's NFL orderbooks are experiencing significant trading volume** as the platform continues to attract users with its web3 betting infrastructure. Key features: - **Quick account setup** - users can start trading in under 90 seconds - **USDC integration** for seamless transactions - Focus on NFL game lines and betting markets The platform has been consistently promoting its NFL offerings, highlighting competitive odds and fast onboarding compared to traditional sportsbooks. [Check NFL markets](sx.bet/football/nfl/game-lin)
🎯 SX Buybacks Hit 407K Tokens
**SX Network continues aggressive token buyback program** The platform purchased **26,410 $SX tokens** using parlay revenue from October 6-7, bringing total buybacks to **407,519 $SX** since the program launched October 1st. **Key developments:** - All parlay revenue now funds token buybacks - Cross-chain betting revenue also allocated to monthly buybacks - Community fund grows with each purchase - Platform commits to value creation through usage-driven buybacks The buyback strategy demonstrates SX's commitment to token holders by converting platform revenue directly into token purchases. Transaction details available on [SX Explorer](https://explorerl2.sx.technology/tx/0xc481fd0c085c6d4bc6e97ccdbca81d6c35afa87361cf5b24d631b48c6cb54f4a).
SX Networks Q2 2025: $60.6M in Bets, Up 38% YoY
SX Networks reports strong growth in Q2 2025: - Betting volume reached $60.6M, up 38% from Q2 2024 - Surpassed $700M in all-time betting volume - Launched Orderbook V2, reducing failed bets - Introduced Bet Boosts feature for odds comparison - SX Rollup TVL hit ATH of $97M in July - 15 consecutive months of YoY growth, averaging +70% Key improvements include enhanced order matching and in-play betting capabilities. Platform growth driven by product strength rather than incentives. [Read full report](https://sxweekly.substack.com/p/sx-79-2025-q2-review)
SX Bet Offers Competitive Sports Betting Odds vs Pinnacle
SX Bet continues to position itself as a competitive alternative to Pinnacle Sports for betting odds. The platform allows users to: - Place limit orders through the UI - Request custom odds - Get fills above market rates The platform's homepage at [sx.bet](https://sx.bet) showcases these features, enabling bettors to potentially secure more favorable odds compared to traditional sportsbooks. *Key Advantage*: Users can set their own odds parameters rather than accepting preset offerings.