Clutch Expands to Arbitrum One

Clutch has expanded its decentralized parlay betting protocol to Arbitrum One, leveraging its deep liquidity and scalable Layer 2 infrastructure. Originally a community-led initiative, Clutch merges prediction markets with DeFi mechanics to enable parlay betting and allowing users to combine multiple outcomes for compounded odds. Real-time data from Polymarket fuels the system, and its “Be the Bank” feature lets users provide liquidity in CLUTCH or USDC and earn yields, transforming betting into a two-sided, DeFi-native marketplace.

Key Ideas

Polymarket-Powered Parlays: Combines real-time market outcomes for higher betting multipliers using Polymarket data.
Liquidity-Yield Model: Users stake assets to support bets and earn yield, creating both demand and supply dynamics within Clutch’s protocol.

This creates possibilities to disrupt traditional gaming and betting verticals using blockchain-based prediction models.