Prediction market derivatives protocol Totalis has closed a $500K seed round from Y Combinator, becoming the first startup to receive YC's standard investment entirely in USDC. Funds were settled on Solana and hosted by Ramp, making good on YC's February announcement that Spring 2026 batch founders could opt for stablecoin payouts instead of wire transfers. Founded by Eric Liu and Pravesh Mansharamani, Totalis is building a derivatives layer for prediction markets — letting users construct cross-category combinations spanning geopolitical, crypto, and sports assets.

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