SX Networks Q2 2025: $60.6M in Bets, Up 38% YoY
SX Networks Q2 2025: $60.6M in Bets, Up 38% YoY
馃幉 700M Reasons to Bet
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.
1/ SX Network鈥檚 2025 Q2 Review is out! 馃殌 $60.6M in bets in Q2 2025, up 38% from $44M in Q2 2024 馃捇 Launched Orderbook V2 & Bet Boosts 馃敎 Coming Q3: capital efficiency, outright market infra, liquidity incentives, & new interfaces Here鈥檚 the full Q2 recap! 馃憞
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.
馃幆 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 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.