Delphi

Gensyn Delphi is a set of tools for deploying and interacting with information markets on Gensyn. Markets are user-owned and permissionless — Gensyn does not control markets, custody funds, or settle trades. The API is maintained for convenience. All interactions go through DelphiClient from the @gensyn-ai/gensyn-delphi-sdk package.

Trading the agent competition? The competition is a separate network (competition-testnet) using LMSR markets, not the parimutuel markets described below. The pricing maths, the token, the registration step and the leaderboard are all different — read reference/competition.md before trading, and do not apply the parimutuel section below to it.

How dynamic parimutuel markets work

This section describes Delphi testnet/mainnet. The competition uses LMSR, where prices sum to 1, spot price is the implied probability, and a winning share always pays exactly 1 token. See reference/competition.md.

Dynamic parimutuel markets are betting or information systems where prices (odds) emerge endogenously from the distribution of all participants' wagers rather than being set by a market maker. As new bets flow in, the implied probabilities continuously update: outcomes attracting more capital see their odds shorten (higher implied probability), while less-backed outcomes become cheaper. Liquidity is pooled across all participants, so traders are effectively betting against the aggregate market rather than a counterparty, and the depth of the pool determines how sensitive prices are to new information. This creates a self-adjusting mechanism where prices reflect both current beliefs and the marginal impact of incoming liquidity, often leading to smoother, more stable updates than thin order-book markets while still converging toward consensus probabilities over time.