The exchange is launching predict.fun, a platform built on BNB Chain by a former Binance employee
Binance founder Changpeng “CZ” Zhao is drawing new attention to prediction markets after spotlighting predict.fun, a platform built on BNB Chain by a former Binance employee. The site allows users to wager on outcomes while earning yield on the funds they stake, addressing a longstanding issue in the prediction market space: locked capital that usually sits idle until results are settled.
The project enters a crowded field dominated by heavyweights like Polymarket and Kalshi. While predict.fun reports more than 12,000 users and a market volume near $300,000, that figure is tiny compared to Polymarket’s multibillion-dollar trading history and Kalshi’s hundreds of millions in activity. Still, predict.fun is hoping that BNB Chain’s massive user base — the largest in active wallets according to recent analytics — will help it scale quickly.
Earning yield while positions are open has become a core feature for modern prediction platforms. Competitors have introduced staking rewards, points systems, and treasury incentives to keep traders engaged. Predict.fun aligns with that trend, letting users collect passive income even while waiting on long-duration political, economic, or crypto-related outcomes.
The platform, however, still faces structural challenges. BNB Chain lags significantly in stablecoin issuance, limiting the liquidity available for markets. Deep liquidity is crucial for tight bid-ask spreads and large-volume trading, areas where established platforms currently hold a major advantage.
For now, the key question is whether predict.fun can build enough momentum to compete with mid-sized platforms like Limitless, which has already generated more than $10 million in trading volume. BNB Chain’s growing activity may help drive adoption, but history shows user retention is difficult once incentive campaigns taper off.
