Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Limitless

Limitless Labs

3.9/5 4.2/5 · Data verified on

An on-chain prediction market built on Base, known for very short-dated markets (hourly and daily) on crypto prices, stocks and real-world events. Non-custodial — funds stay in your wallet, settled in USDC — with a hybrid AMM + order book (CLOB) model. Most markets resolve automatically via a decentralized oracle (Pyth Network), while custom events are resolved by the team. Launched in 2024, it is backed by Coinbase Ventures and launched the LMTS token in 2025.

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

Trading fee 0.4%
Maker fee Free
Fund custody Self-custody (funds in your control)
Market resolution Decentralized oracle
Oracle Pyth Network (+ Chainlink Data Streams); team per eventi custom
Liquidity model Hybrid
Market categories Crypto, Economy, Sports, Politics
Leverage available No
Settlement token USDC
Chains Base
Native token LMTS
Fiat on-ramp No
Audits Trail of Bits (riportato, report non pubblico), Quantstamp (riportato, report non pubblico)
KYC No KYC
Supported countries US, EEA, UK, APAC, LATAM, MENA, AFRICA
Regulator None
Segment B2C
MiCA / License status Protocollo on-chain (nessuna licenza diretta) N/A (on-chain protocol)

Strengths

  • Non-custodial on Base: funds in your wallet, settled in USDC.
  • Zero maker fee and competitive taker fees (0.40% on AMM markets).
  • Hourly and daily markets, resolved via the Pyth oracle.
  • Backed by solid VCs (Coinbase Ventures, 1confirmation, DCG).
  • Self-custody: funds stay in your wallet — the platform cannot touch them.
  • No KYC: usable without identity verification.
  • Funds cannot be frozen: no authority can block your balance.
  • Public security audits.

Weaknesses

  • Custom events depend on manual team resolution.
  • Audits reported (Trail of Bits, Quantstamp) but reports not public.
  • Geo restrictions undocumented; CFTC scrutiny on US prediction markets.
  • No fiat on-ramp: you need USDC on Base.
  • Subject to regulation (N/A (on-chain protocol)): reporting to authorities and freezes on order.

Verdict

B A ★ 3.9/5 ★ 4.2/5

Limitless is a well-funded, technically mature on-chain venue, with competitive fees and Pyth-based resolution for objective-data markets. On protection the usual DeFi caveats remain: no formal fund protection, audits claimed but not public, and manual resolution on custom events introducing a trust point in the team.

From a crypto-native angle Limitless holds up well: non-custodial on Base, no KYC, USDC settlement and decentralized-oracle resolution for most markets. The limits to sovereignty are the team's manual resolution on custom events and the opacity of the audits.

Privacy & anonymity 30% 5.0
Fund control 20% 5.0
Censorship resistance 20% 4.0
Trustless / auditability 20% 3.8
Costs 10% 1.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is Limitless custodial?

No. Limitless is non-custodial and fully on-chain on Base: you connect your wallet and funds (USDC) stay under your control; orders are signed on-chain.

How much are Limitless's fees?

Makers pay 0%. Takers pay 0.40% on AMM markets; on order book (CLOB) markets the fee varies with probability (about 0.40%–3.00% to buy, 0.42%–1.50% to sell).

How are markets resolved on Limitless?

Most markets (crypto, stocks, data feeds) resolve automatically via the Pyth Network decentralized oracle (with Chainlink Data Streams for some data). Custom events are resolved by the team within 24–72 hours.

Sources

Update history

✓ Terms unchanged since Jun 23, 2026

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