The first binary options trading dapp on blockchain. Powered by PYTH oracle-backed price attestations and minimal-trust settlement. Live over 7 chains, supporting 300+ Crypto, 100+ Stocks, 5+ Metals, 10+Forex, Commodities, Bonds, every single thing tradable in real-time over lightning speed at 5s,10s,15s,30s,1m timeframes chart. The objective is simple: To be the next PolyMarket for Binary Options Predictions. Just getting started.
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Maker
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Story / Inspiration:
- In 2021, I saw an advertisement of a forex option trading app called Binomo. It was a mobile app that was promoted by many big influencers.
- One day, I decided to use it in free mode, which is paper trading mode. Within a week, I made 10x the initial money.
- Then I decided to use real mode and put 3 months of my income into it, and lost it all.
- Later, I realised on Reddit that the company was running on algorithms, backdoor manipulators, and completely fake, making the user win in trial mode and lose in real mode. This didn't happen only with me; 99% users who were using the options trading platform, and the entire Reddit was flooded with it.
- That day, I decided to build an options trading platform to solve the problem of mine with other millions of traders, but in Web3 the <1s data feeds/ Pyth oracles did not exist back then, and it was impossible to build a high-frequency options trading/ prediction dapp as the tools were limited. But waited for 5 years and executed it this year, 2026.
The Problem:
Today, Binary options trading in the Web3 world does not exist at all, and apps in the web2 world are broken, fraudulent and algorithmic baised.
Why?
- Coz there were no real-time data oracles existed that can deliver price feeds in less than 1 second.
- We have 590 Million Crypto Users and 400 million transactions happen EVERY SINGLE DAY on the top 200 blockchains.
- One Big News/ One Big Move/ One Big Crash ~ Oracle's Crash.
This caused a huge gap in the existence and reality for a high-demand dapp like Bynomo
The Solution:
Bynomo
- Where every millisecond is tracked by Pyth oracles to pull real-time data
- Traders can Trade over 300+ Crypto, 100+ Stocks, 5+ Metals, 10+Forex, Commodities, Bonds every single thing on Real-time price chart
- Users can bet unlimited times without signing txn
- Every user can trade binary options at lightning speed at 5s,10s,15s,30s,1m timeframes
- Infinite txns, no cap amounts and One Single Treasury
- Plan is to introduce 1-10x leverage, trade in open crypto markets freely
And Settlement in <0.001 ms, like Binomo of Web2 but 10x better than any other dapp in existence.