Prediction Markets on Binance Smart Chain (BSC)

The prediction market on BSC has just established an important milestone with accumulated trading volume exceeding $10 billion and nominal volume reaching over $20 billion.

- Daily trading volume remains stable at the level of $200–300 million. Notably, on 10/01, a record level of $400 million/day was recorded, at the same time Open Interest (OI) peaked at $150 million.

*Leading protocols:

- Opinion (opinionlabsxyz): Currently leading with a market share ranging from 50-87%. This platform strengthens its position by integrating Chainlink Price Feeds for 24/5 stock markets. Annual revenue is estimated to reach $76 million with TVL/OI maintained at $154 million.

- Probable (0xProbable): Attracting attention with a 0% fee model and a points-based incentive program. Although the accumulated nominal volume exceeded $869 million on 22/01, on-chain data shows that caution is needed regarding the risk of Wash Trading - a systemic issue accounting for about 25% of volume on similar platforms like Polymarket.

- Predict Fun (predictdotfun): An optimal capital efficiency model when integrating the Venus protocol, allowing collateral assets to generate yield. Results achieved after the first month: $448 million nominal volume, 1.1 million bets placed, and 83 thousand active users.

- Niche platforms (Myriad, Zetarium, Xo Market): Account for about 5–10% of the remaining market share. Zetarium reports over 10 thousand participants across 453 different markets, showing diversification in prediction categories beyond Crypto.

=\u003e The sustainability of trading volume suggests that the prediction market is becoming an independent layer in DeFi.