SX Network Reports Record Q4 Betting Volume with Zero Incentives

🎲 Zero Incentives, Record Gains

By SX Bet
Jan 23, 2025, 5:41 PM
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SX Network achieved significant milestones in Q4 2023:

  • Highest quarterly betting volume to date, achieved without incentives
  • SX Rollup reached $20M Total Value Locked (TVL)
  • Record weekly betting activity reported

Technical improvements include:

  • Enhanced cashout functionality
  • Upgraded Glide bridge integration
  • API optimization improvements

Key Timeline: $SX token reaches 100% vesting in February 2024

2023 Annual Highlights:

  • $176M+ total betting volume
  • 568K+ bets placed
  • 50K+ active bettors
Sources
Read more about SX Bet

SX Bet Integrates with PickTheOdds Platform for Enhanced Betting Tools

SX Bet Integrates with PickTheOdds Platform for Enhanced Betting Tools

**SX Bet has integrated its odds with PickTheOdds**, a betting comparison platform that helps users find value bets and arbitrage opportunities. **Key features available through the integration:** - Compare odds across multiple platforms - Identify positive expected value (+EV) bets - Spot arbitrage opportunities - Access comprehensive betting analytics Users can now access SX Bet's pricing alongside other sportsbooks on the PickTheOdds platform at [picktheodds.app/en](https://picktheodds.app/en). The integration expands SX Bet's reach within the betting tools ecosystem, making their odds more accessible to bettors who use comparison platforms to optimize their wagering strategies. *Read the full announcement on the [SX Bet blog](https://blog.sx.bet/news/sx-bet-odds-listed-on-picktheodds/).*

SX Prediction Market Reaches $1 Billion Trading Milestone

SX Prediction Market Reaches $1 Billion Trading Milestone

SX, a sports prediction market platform, has crossed $1 billion in total trading volume. The platform anticipates accelerated growth moving forward, building on momentum from reaching $800 million in October 2025. **Key Points:** - Total trading volume: $1 billion - Platform focus: Sports prediction markets - Growth trajectory showing acceleration The milestone represents a significant marker for decentralized prediction markets in the sports betting sector.

SX Network Launches Capital Efficiency Upgrade for Instant Position Hedging

SX Network has rolled out a **capital efficiency upgrade** to its contracts, enabling traders to move in and out of positions without locking additional capital each time. **Key features:** - Capital is **refunded instantly** when hedging out of positions - Functions similar to margin trading mechanics - Traders can enter, exit, hedge, and re-trade using the same bankroll - Only requirement: worst-case loss must remain covered The upgrade provides **greater flexibility** for both traders and market makers, allowing them to deploy the same capital repeatedly across multiple positions rather than having funds locked in individual trades.

SX Bet NFL Orderbooks Show Strong Activity

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 Bet Purchases 90,067 $SX Tokens in Latest Revenue Buyback

**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.

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