YC-backed prediction market derivatives platform Totalis has officially launched, supporting parlay trading.

According to Odaily, yesterday YC's official X account announced that the prediction market derivatives layer Totalis has officially launched. This market allows users to make parlay trades on anything by combining multiple event markets (such as politics, cryptocurrency, stocks, sports, weather, and macro) into a single trade. Starting from parlay betting, it expands into structured products.

Previous reports stated that in April, Totalis completed a $500,000 seed round of financing with participation from Y Combinator. It is also the first company to receive investment from Y Combinator entirely in USDC. The funds were settled via the Solana network and custody was provided by Ramp.