Gensyn, a company building distributed AI infrastructure on Ethereum, has officially launched Delphi, its flagship decentralized platform for information markets settled by artificial intelligence. The platform, which operates as a Layer 2 network using the OP Stack, opened trading to all users on April 22, 2026, while market creation remains invite-only at launch.
The core innovation of Delphi is its AI-based settlement mechanism, designed to eliminate human intervention and centralized manipulation. Market creators select an AI model before launch, and its weights are fixed at that point. Gensyn employs a proprietary "reproducible execution environment" (REE) to ensure the AI's decision-making process is fully auditable and yields identical results across different hardware systems.
Financially, the platform introduces a novel creator-centric model. Creators who successfully launch a market earn a fee of 1.5% of the total trading volume, paid in USDC upon settlement. The protocol itself charges a 0.5% fee on all volume. According to CEO Ben Fielding, these protocol fees will be used to buy and burn a portion of Gensyn's yet-to-launch native AI token, creating a deflationary mechanism intended to link platform activity to token value.
Gensyn positions Delphi not as a direct competitor to established prediction markets like Polymarket or Kalshi, but as a pioneer for "niche, creator-owned markets that those platforms would never build." The company reported "millions" in trading volume during its testnet phase, which began in December 2025, with a mainnet launch expected in the coming weeks.
The project is backed by significant venture capital. Gensyn has raised over $78 million since 2020 from investors including a16z crypto, Galaxy Digital, and CoinFund. A $16.7 million round led by a16z crypto in October 2025 valued the network at $1 billion on a fully diluted basis.
