Trueo, a prediction market platform, is migrating its smart contracts and operations from Base to Ethereum mainnet, the company announced on September 22. Co-founder Lumberg cited the move as essential for building the next iteration of Trueo’s oracle system and accessing broader integration opportunities.
Trueo launched on Base in March 2025, when Ethereum gas fees were elevated and several app features remained experimental. Base, an Ethereum layer-2 blockchain, offered a lower-cost environment for the nascent platform. Now, with the protocol more mature, Trueo is repositioning for wider adoption.
“Ethereum is the best chain for the most credibly neutral and truthful oracle system and prediction markets,” Lumberg said.
According to DefiLlama, Trueo currently holds $795,687 in total value locked and ranks 14th among onchain prediction markets. On Base, integrations have remained limited to the immediate ecosystem, constraining the platform’s reach.
Trueo framed the migration as a natural evolution. “As a new app and experiment, an L2 like Base was the right choice for many reasons. At the time, Mainnet gas costs were still elevated and some features of our app were experimental,” the platform said in a statement.
The company outlined its long-term vision: “The final form of Trueo is to be a platform that is widely adopted, broadly integrated, fully permissionless, mostly immutable, and highly credible. Ethereum is the best fit for this combination of properties.”
The migration priority centers on attracting liquidity and deploying Trueo’s next-generation oracle system. The company did not specify a completion timeline for the move to mainnet.
