Documentation
A prediction market platform where anyone can launch a market on any verifiable outcome. Trade YES/NO contracts on a bonding curve; graduate to a deeper order book at $10,000 in volume.
What is Llatria?
Llatria is a two-tier prediction market. New markets bootstrap liquidity through an automated market maker (the “bonding curve”) so they trade from the moment they’re created — no waiting for counterparties, no empty order book. When a market crosses $10,000 in cumulative trading volume it graduates to a central limit order book where it trades alongside Kalshi’s curated catalog of 30,000+ markets.
Why this design
Most prediction market startups die at the cold-start problem: you can’t attract traders without liquidity, and you can’t get liquidity without traders. The bonding curve breaks that loop — markets are tradeable from day one, with prices driven by real buying and selling.
The graduation step solves the other half: once a market proves demand, it gets the deeper liquidity and tighter spreads of a regulated CFTC-licensed exchange. Llatria is the discovery and launch layer; Kalshi is the institutional venue.
The two tabs
New on Llatria
Creator-launched markets still trading on the bonding curve. Five categories: politics, sports, finance, culture, local.
Graduated
Markets on a central limit order book — Llatria-graduated markets plus Kalshi’s 30,000+ live markets across politics, sports, finance, climate, world, culture.
Status
Llatria is in alpha. The site is live, the trading engine works, the auth flow is real, but trading uses play money ($500 demo balance per account) and graduation to Kalshi’s order book is not yet wired (pending partnership). All architecture and code is production-ready.
Llatria is built by Carbonaro Media. Event contracts on outcomes that matter — regulated under the CFTC as derivatives, not securities, not gambling.