In the previous article, we introduced the essence of prediction markets, the turning point in 2025, the dual-core structure of Kalshi and Polymarket, and the potential structural changes that may occur in 2026.
This article summarizes several popular platforms with currently high trading volumes and user activity, including mainstream platforms and Binance-related projects. The data comes from Dune Analytics, official platform websites, and public reports, as of January 2026.
If you are interested in the actual operation of these platforms, user experience, or point mechanisms, here is a compilation of relevant information that may provide you with some reference.
Recent news across the internet shows that the prediction market continues to grow at the beginning of 2026. The highest daily trading volume recorded was $701.7 million, with Kalshi contributing $465.9 million, and platforms like Polymarket and Opinion Labs contributing approximately $100 million in total. The weekly trading volume ranged from $500 million to $557 million. Kalshi mentioned an annualized trading volume reaching $10 billion, which is an estimated figure based on recent weekly data; the actual cumulative trading volume for 2025 is approximately $23.8 billion. No public data confirms that daily trading volume reached $10 billion, and this figure is more likely an annualized estimate or a prediction of the total market size.
Below is an overview of currently mainstream platforms and several notable projects within the Binance ecosystem.
Mainstream prediction market platforms
#Polymarket (@Polymarket)
Polymarket was established in 2020 and operates on the Polygon chain. By 2025, the total trading volume is approximately $21 billion, with weekly active addresses at 270K, trading volume at $1.8 billion, and per capita trading volume at $6,666.
The platform supports predictions for political, sports, crypto, and other events, with a high degree of decentralization and complete on-chain settlement. A large user base and mature ecosystem.
The platform has raised over $2.3 billion, emphasizing crypto-native design and offering standardized contracts.
In 2026, Polymarket's trading volume in sports events is high, with the Super Bowl championship market reaching $683 million. It aggregates global liquidity, suitable for internet users to participate.
Kalshi (@Kalshi)
Kalshi was established in 2018 and is regulated by the CFTC. By 2025, the trading volume is approximately $17 billion, with a daily peak of $465.9 million and open interest at $189 million. The platform covers economic, financial, and social events, with standardized contracts, suitable for institutional participation. The compliance path is clear, and settlements are reliable. At the beginning of 2026, Kalshi launched a VIP program and Combos feature, boosting daily trading volume. The platform accounts for 90% in sports betting, with NFL bets reaching $720 million. It attracts institutional funds and offers a mixed settlement model.
Opinion Labs (@opinionlabsxyz)
Opinion Labs launched in October 2025, primarily operating on the Monad and BSC chains, founded by a Hong Kong financial institution team. Weekly active addresses at 46K, trading volume at $1.9 billion, with a per capita trading volume of $41,304. The platform supports opinion markets and optimistic oracles, MetaPool unifies liquidity, and supports limit orders. It has raised $5 million, led by YZi Labs. The platform's points system attracts users and performs strongly in macro predictions. In 2026, #Opinion Labs has about 86% market share in the BNB Chain prediction market, and the trading experience is suitable for professional users.
Binance-related prediction market platform
These projects received support or incubation from YZi Labs (formerly Binance Labs) and operate on the BNB Chain. They focus on yield routing and zero-fee design, forming internal competition.
Opinion Labs (@opinionlabsxyz)
Financing $5 million, led by YZi Labs. The TVL and market share are relatively high in the BNB Chain prediction market, supporting BSC USDT deposits, and the points system attracts users. The platform proposed the MetaPool concept, supporting cross-market transactions. Founder Forrest Liu has a background in financial institutions, and the team focuses on security. X fans 185,000, potential airdrop program is active.
Advantages: Better liquidity, high trading depth, suitable for professional traders. The trading experience is leading, and it covers a wide range of macro events.
Disadvantages: Higher fees, limited deposit channels, and a limited number of prediction events (approximately 200). Does not support self-created markets.
PredictFun (@predictdotfun)
Founded by the former head of Binance Research, launched in April 2025, incubated by YZi Labs. TVL exceeds $11 million, monthly growth of 392%, weekly active addresses at 9K, trading volume at $110 million. The platform deploys idle funds to on-chain protocols to earn yields, supporting multi-chain deposits. Partnered with Venus Protocol to provide DeFi integration. The point program is fixed with no inflation, and community building is active. X fans 44,000, covering crypto, politics, sports events (approximately 100).
Advantages: High capital utilization efficiency, users can earn interest passively, simple UI. Suitable for beginners, mobile-first design.
Disadvantages: Lower trading volume and activity, controversial founder background, community feedback is polarized. Does not support self-created markets.
Probable (@0xProbable)
Incubated by the PancakeSwap team, launched in December 2025, supported by YZi Labs and PancakeSwap. Approximately 7,000 users, weekly active addresses at 11K, trading volume at $260 million. The platform has zero fees, gas-free trading, supports 8-chain deposits, and uses a CLOB order book. Settled securely by UMA Optimistic Oracle. Points Season 0 rewards are based on trading volume and PnL, with retroactive rewards from day one. X fans 13,000, supports Chinese events (approximately 200), integrated with Binance Wallet.
Advantages: Low fees, simple user experience, consistent with PancakeSwap style, direct point rewards. The community grows quickly, suitable for Chinese users.
Disadvantages: The platform is relatively new, trading depth is insufficient, and independent branding is weak. Does not support traditional payments or self-created markets.
Binance-related projects have formed a competitive landscape on the BNB Chain. Opinion Labs launched early, leading in liquidity; PredictFun focuses on revenue mechanisms; Probable emphasizes zero fees and ecosystem integration. Future observation can focus on user growth, point redemption, and changes in event coverage for these platforms.
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The prediction market is still rapidly developing, and competition between platforms will become increasingly apparent. Currently, mainstream platforms offer broader liquidity and stability, while Binance-related projects focus on fee optimization and ecosystem integration.
We will continue to track these platforms' user growth, point redemption status, performance of major events, as well as potential regulatory changes and the entry of new players.
If there are specific platforms you'd like to learn more about, or if you are interested in the market performance of a certain event, feel free to leave a message, and see you in the next issueヾ(•ω•`)o
