Seer

Decentralized prediction market wrapping conditional tokens into ERC-20s on Gnosis and Ethereum

Visit seer.pm
Our score
Fair

What is Seer?

Seer is an on-chain prediction market protocol operating primarily across Gnosis Chain and Ethereum. It enables participants to create custom markets, trade positions, and farm outcomes using the Conditional Tokens framework. Unlike conventional platforms that keep outcome shares inside proprietary balances, Seer wraps ERC-1155 outcome positions into standard ERC-20 tokens. Traders can then exchange them directly on external decentralized exchanges.

Architecture and dispute resolution

To determine real-world event results, the protocol connects to the Reality.eth crowd-sourced oracle. If an outcome is contested, the protocol escalates the question to Kleros, a decentralized arbitration system where juror pools rule on disputes according to preset market criteria.

Market creators choose from four structural formats: Categorical markets, which resolve to one choice out of several; Multi-Categorical markets, accommodating multiple valid answers; Scalar markets, resolving to a numeric value across a designated range; and Multi-Scalar markets, which track numeric outcomes across multiple dimensions.

Ecosystem context and scale

The project emerged within the Gnosis ecosystem and uses the network's low transaction overhead for trading and outcome token swaps. In October 2026, total value locked on the protocol stood at approximately $340,600.

Trade-offs and platform risks

Resolution workflows use Reality.eth and Kleros for contested outcomes.

Best for:DeFi traders exchanging outcome tokensGnosis ecosystem event tradersCreators needing custom scalar markets

Pros and cons

Pros

  • Outcome tokens are standard ERC-20s compatible with third-party DEXs
  • Uses Kleros decentralized arbitration for contested event resolution
  • Supports scalar and multi-categorical formats beyond simple binary bets

Cons

  • Modest total value locked of about $341,000 in October 2026
  • Thin liquidity can cause wider spreads on low-volume markets
  • Oracle disputes through Kleros can lengthen settlement turnaround times
  • Ambiguous market criteria carry risks of bonded resolution challenges

Our review

3.3/5
Fair

Seer enables flexible ERC-20 outcome token trading and multi-type markets across Gnosis and Ethereum, but total liquidity remains modest.

Market selection4.0
Liquidity2.0
Fees3.0
Resolution quality4.0
Ease of use3.5

Seer is a decentralized prediction market protocol deployed on Gnosis and Ethereum that integrates the Conditional Tokens framework. Its primary architectural distinction lies in how outcome shares are managed: instead of restricting trade to native contract balance sheets, Seer wraps conditional ERC-1155 tokens into fungible ERC-20 tokens. This makes position shares directly compatible with external decentralized exchanges and broader DeFi applications.

The platform supports four market structures: categorical, multi-categorical, scalar, and multi-scalar formats. This setup allows creators to move beyond basic binary questions into numeric intervals and multi-option predictions spanning political forecasting and financial markets. For market resolution, Seer relies on Reality.eth combined with Kleros dispute arbitration, establishing an on-chain, multi-tier escalation system that avoids centralized outcome reporting.

The protocol's total value locked stood at approximately $340,617 in October 2026.

Seer suits DeFi participants and Web3 communities seeking permissionless market creation and transferable ERC-20 outcome tokens on low-cost chains like Gnosis.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.
Sources (2)

Specs

Market types Politics, Sports, Crypto, Economics, Culture, Science · unverified
Chains Ethereum, Other
Resolution source Reality.eth and Kleros · unverified
Market topics Elections, Sports, Political Forecasting, Financial Markets, Disaster Management, Entertainment · unverified
Liquidity rewards Yes · unverified

Not disclosed by the provider: Settles in, Trading fees, Available in the US, KYC required, Regulated venue, Mobile app.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

Wrapped ERC-20 outcomes

Converts ERC-1155 Conditional Tokens into fungible ERC-20 tokens that trade across external decentralized exchanges.

Four contract formats

Supports Categorical, Multi Categorical, Scalar, and Multi Scalar configurations for complex numerical or multiple-choice events.

Kleros arbitration

Escalates contested Reality.eth answers to Kleros jurors to settle event disputes on-chain.

Permissionless market creation

Users can set resolution parameters, rules, and outcomes for custom real-world prediction events.

Dual-network settlement

Executes market contracts across Gnosis Chain and Ethereum, using Gnosis for reduced transaction costs.

Inside Seer

Create A Market

Lets users design custom prediction markets using categorical, multi-categorical, scalar, or multi-scalar structures with custom resolution rules.

Seer App

The primary trading interface for buying and selling outcome shares wrapped as standard ERC-20 tokens.

Ask Seer

Provides tools for exploring prediction markets.

Seer screenshots

Seer’s homepage presents a prediction marketplace with navigation, launch controls, and supported blockchain icons
Seer’s homepage presents a prediction marketplace with navigation, launch controls, and supported blockchain icons · Oct 20, 2026

What users say about Seer

There is no substantive feedback or discussion available regarding Seer.

Based on 1 Reddit posts and comments from the last 12 months, checked Oct 20, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

User reviews

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FAQ

Which blockchains does Seer support?

Seer runs on Gnosis and Ethereum. Gnosis is its core low-fee trading environment.

How does Seer resolve market outcomes?

Seer uses Reality.eth to post questions and answers on-chain. If an outcome is contested, the Kleros decentralized arbitration court decides the final resolution.

What types of prediction markets can be created on Seer?

Users can create four market types: categorical, multi-categorical, scalar, and multi-scalar. These cover single-choice selections, multi-choice outcomes, and defined numerical ranges.

What token format does Seer use for outcome shares?

Seer wraps standard conditional ERC-1155 outcome tokens into ERC-20 tokens. This allows positions to trade freely on external decentralized exchanges and integrate across DeFi protocols.

Latest from Seer on X

Seer
@seer_pm · 1.7K followers
Follow
A 0.01 ETH deposit gets you a committed spot at Truth Pays, an event hosted by Kleros that was organized using a decision market on Seer.

It's a Devcon Mumbai builder dinner, also co-hosted by @arkivnetwork and @weareWeb3Mumbai, at 18:00 on 4 November.

1/6 🧵👇 https://t.co/wPBMr4xYQT
Image attached to the post
6 5 27 622 View on X
The submission window for the Thélyson Orélien contest has officially closed.

Markets will be up soon.

Thank you to everyone who submitted.
17 4 41 1K View on X
Who's in Mumbai? 👀
1 0 13 365 View on X
Seerians like it when you follow, like and repost. 👆

Seerians see everything.
5 8 31 491 View on X
Markets are live!

Back the designs and names you think the Seer team will choose.
3 6 27 898 View on X

Recent public posts from @seer_pm, shown as published. Not reviewed or endorsed by CryptoReview.

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