Binance, following the trend, launched its own prediction market. The platform is called Predict. The announcement of its launch appeared on X by the founder of the cryptocurrency exchange, Changpeng Zhao (CZ).
BeInCrypto's editorial team gathered 5 of the most interesting facts about the new platform.
What is Polymarket and how to work on the platform
Top 5 facts about the Binance prediction market.
In 2025, forecast markets are once again in the spotlight. Interest in on-chain betting has increased, discussions have become more frequent, and the format is gradually moving beyond niche communities. Against this backdrop, Binance introduced the Predict platform. Below are some interesting facts about the project.
The platform is built on BNB Chain, providing speed of operations and low fees. Users do not have to get used to a new environment: everything feels familiar to the Binance ecosystem.
Fact 2. YZi Labs supported the project.
CZ noted that Predict is developing with the support of YZi Labs.
YZi Labs is an investment fund that grew out of the former Binance Labs after rebranding in 2025. The fund's team partially overlaps with individuals who worked alongside Zhao, so the connection between the structures is maintained. The fund also mentioned Predict as a graduate of the EASY Residency S2 program.
Fact 3. The founder of Predict previously worked at Binance.
CZ clarified that the project's founder came from Binance. He left the company several years ago. This detail helps to understand why the team confidently operates within the BNB Chain ecosystem.
Fact 4. Predict has a unique earning model.
Capital in Predict does not stand still. Funds contributed under the forecast participate in the income mechanism and continue to work.
Fact 5. The emergence of Predict has expanded the functionality of the BNB Chain ecosystem.
The platform added a new type of activity to the network and attracted users who had not previously interacted with on-chain predictions.
Want access to expert insights? Subscribe to our Telegram channel, get access to trading signals and market news, and communicate with our analyst. Stay one step ahead of the market every day!
