What is Totalis?
Totalis is the derivatives layer for prediction markets: you pick outcomes across multiple markets and venues, combine them into a single leveraged bet — a parlay — and market makers compete to give you the best payout odds. Trades run on Totalis infrastructure: a quote request system for price discovery, and non-custodial Solana vaults for settlement. Totalis supports Kalshi and Polymarket as underlying market venues today, with more prediction market platforms coming.What is a parlay?
A parlay combines multiple individual predictions, called legs, into one bet. Every leg has to win for the parlay to pay out — one loss loses the whole bet. Because each leg’s odds compound into a larger combined payout, parlays offer higher reward, but the requirement that every leg hits also makes them higher risk than betting on any single outcome on its own.What markets does Totalis offer?
Totalis lists markets that:- Are recurring
- Have reliable liquidity on the underlying platform
- Settle within one week
What chain are you on?
Totalis runs on Solana. Vaults, positions, and settlements all execute on-chain, and each participant has a persistent vault that holds their collateral across positions.What are the bet and leg limits?
How does trading work?
See How parlays work for a detailed walkthrough of the full flow from creation to settlement.How secure is it?
Totalis is non-custodial — funds sit in on-chain Solana vaults the protocol controls, not in a Totalis account. When a trade is matched, your stake and the maker’s collateral lock atomically in those vaults, and neither side can move locked collateral unilaterally; funds release only on the verified market outcome. Signing is delegated, not surrendered: you grant Totalis permission to sign your trades inside a secure enclave (Privy TEE) where your private key never leaves, and you can revoke it anytime. Collateral is locked only while the position is open and settles automatically on resolution. Makers get portfolio margining — collateral reflects their incremental worst-case exposure, so hedged positions require less. For the full model, see Vaults & custody.How does Totalis use its underlying markets?
Totalis uses underlying prediction market platforms as data and resolution layers — not execution venues. It ingests market data (prices, probabilities, metadata) from platforms like Kalshi and Polymarket, and references these markets as the source of truth for event definitions and final outcomes (oracles). When you place a parlay on Totalis, the trade doesn’t route to any underlying platform. Your position is synthetic and self-contained within Totalis, which handles execution, clearing, and settlement internally, then pays out based on the referenced markets’ final outcome. This design gives you:- Cross-market and cross-venue combinations in a single parlay
- No liquidity fragmentation across platforms
- Capital-efficient, portfolio-level risk management
How does collateral minimization work?
Without portfolio-level netting, each parlay would post collateral in isolation: a $12,000 max payout parlay needs $12,000 in the vault, an $8,000 max payout parlay needs another $8,000, and so on. That’s wasteful when positions are mutually exclusive (they can’t both come true) — the true worst case is only one parlay hitting, not both.
Is Totalis available to U.S. persons? What’s the path to U.S. regulation?
Totalis currently operates offshore and is not available to U.S. persons. Totalis intends to pursue the registrations required to operate as a regulated event derivatives platform in the U.S., including the appropriate CFTC licenses, as the product matures.What happens if a market gets cancelled on the underlying venue?
If a market on the underlying venue is cancelled or delisted before all legs in a parlay have resolved, Totalis detects the invalid leg, cancels the position, and unlocks your collateral and the market maker’s. No party loses funds to an external market cancellation.Will you add markets from other prediction markets? Can I make cross-platform parlays?
Yes. Totalis is built as a venue-agnostic derivatives layer designed to aggregate markets across prediction market platforms.Can’t I just do this on Kalshi?
Kalshi only offers combos on specific sports markets with limited options, because it has to create an orderbook for every combination — which doesn’t scale. Totalis takes a different approach, sitting on top of prediction markets as a derivatives layer and using a quote request system to price any combination of outcomes. You can construct parlays on markets across sports, crypto, weather, entertainment, and economic events, and eventually combine bets across multiple venues in a single parlay.How does Totalis make money?
Totalis charges two fees:- A 1% taker fee on your stake, charged upfront when you place the bet.
- A 1% fee on the profit earned by the winning side of each trade.
- Totalis takes $0.10 (1% of your $10 stake) when you place the bet.
- If you win the parlay, Totalis takes $0.90 (1% of your $90 profit).