ASCEND Price, Liquidity & Market Data
About ASCEND
Ascend Market is a fully verifiable perpetual prediction market built on Midnight, enabling leveraged trading on the probability of real-world and crypto events rather than traditional asset prices. Ascend combines prediction markets, perpetual futures, and zero-knowledge infrastructure into a new trading model where probability itself becomes the tradable asset. Ascend Spot DEX became the first decentralized application deployed on the Midnight Mainnet, establishing Ascend as one of the flagship applications within the Midnight ecosystem.
ASCEND is currently priced at $0.2377. Against USD, ASCEND is down 0.3% over 24 hours and up 16.0% over 30 days. Against ADA, ASCEND is down 0.9% over 24 hours and up 19.0% over 30 days. It has 824 holders, about $446K in DEX liquidity and a market cap of about $3.66M.
More about ASCEND
How it works
Markets on Ascend represent probabilities of real-world and crypto events rather than asset prices, and traders open LONG or SHORT positions on those changing probabilities. Markets operate continuously until settlement, and orders are matched through an order book. Matching, risk management, accounts, and settlement are verified using zero-knowledge proofs on Midnight, while users access the protocol from Cardano, EVM, and Solana with Midnight securing execution. ASCEND holders stake tokens without leaving their wallets and receive protocol revenue, making Ascend function as prediction trading infrastructure rather than simply a perpetual exchange.
What it solves
Conventional prediction markets generally require users to lock capital and wait until an event is resolved before realizing gains, offering limited tools for active risk management. Ascend introduces perpetual trading mechanics to prediction markets, allowing traders to continuously speculate on changing probabilities with leverage, order books, and active risk management long before an event concludes — extending prediction markets from binary settlement products into a full derivatives trading environment.
Who it is for
Ascend serves prediction market traders looking for continuous exposure to event probabilities, perpetual futures traders seeking new markets beyond price-based assets, Cardano users, Midnight ecosystem participants, EVM and Solana users accessing the protocol from other chains, ASCEND stakers participating in protocol revenue sharing, and governance participants shaping protocol direction.
Key features
- Perpetual prediction markets
- Event probability trading
- Up to 1001× leverage (where officially documented)
- Zero-knowledge settlement
- Midnight infrastructure
- Multi-chain access from Cardano, EVM, and Solana
- Order book trading
- Non-custodial liquid staking
- Protocol revenue sharing
- First dApp deployed on Midnight Mainnet
- Category
- Perpetuals
- Website
- https://ascend.market/
- Supply
- Circulating supply is about 15.4M ASCEND out of a total supply of 22M
- Policy ID
- eb7a93ebc321647673490810f618b548d7c24aa64d30ae342dba7076
- Asset unit
- eb7a93ebc321647673490810f618b548d7c24aa64d30ae342dba70760014df10415343454e44