Ethereum co-founder Vitalik Buterin has welcomed Trueo’s planned migration from Base to Ethereum mainnet, describing it as a new prediction-market contender focused on decentralization and ethical design.
The move puts Trueo’s dispute-resolution system and plans for wider DeFi integration at the center of its pitch as prediction markets face legal scrutiny and competition.
Trueo Says Ethereum Fits Its Long-Term Plans
In a post on X, Buterin praised the project for being “dedicated to decentralization, and being ethical and not corposlop,” adding that he was glad to see a team trying to do “interesting and meaningful things” with prediction markets.
Trueo announced the move on September 21, explaining that it first launched on Base in March 2025. The team described the Layer 2 network as a useful environment for early experimentation, when the Ethereum mainnet gas costs were higher and parts of the application were still experimental.
But Trueo now wants to build a platform that is “widely adopted, broadly integrated, fully permissionless, mostly immutable, and highly credible.” It believes Ethereum is a better fit for that goal because of its network effects and global integrations, as well as alignment with the project’s philosophy.
The team’s immediate priorities after migration are to attract liquidity in major market categories and release the next generation of its oracle. Trueo argues that prediction markets depend heavily on how outcomes are resolved, and that existing systems lack adequate due process when disputes arise.
Its oracle is designed to process evidence from a broad range of legitimate data sources to reach outcomes. Trueo says user feedback has reinforced its view that this system is one of the application’s main attractions for traders.
The project also sees Ethereum as a route to integrations involving oracle services and yield opportunities for its TYD asset. According to Trueo, the migration will not interrupt trading on Base, and TYD will continue accruing yield.
Existing Base markets that expire after migration will still be accessible through the official app and will use the current resolution system. However, the team advised Base users not to create additional markets expiring after January 31, 2027, and instead to create them on Ethereum once its mainnet instance goes live.
TRUE Skyrockets Following Buterin’s Endorsement
TRUE, which will remain the protocol’s native token, saw its market cap jump from around $1.7 million to more than $12 million in the hours after Buterin’s post.
At the time of writing, CoinGecko data put it around $0.15, up 699% over the past day and nearly 750% across one week, although it is still nearly 50% below the $0.26 all-time high it hit in August 2025.
The announcement has come at a time when rival prediction market operators are facing legal disputes and uneven trading activity, with well-known trader Machi Big Brother declaring “Kalshi dead. Long live $TRUE.”
As CryptoPotato reported in August, Baltimore officials sued Kalshi and Polymarket over alleged unlicensed sports betting. Meanwhile, the former is also facing a separate lawsuit by the New York attorney general, who argued its event contracts violated state gambling laws.
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