PredictFun Aims to Solve Capital Lock-in Issue in Prediction Markets
Former Binance CEO Changpeng Zhao has unveiled PredictFun, a native prediction market designed specifically for BNB Chain. In an announcement on X, CZ said the platform aims to address one of the long-standing challenges of prediction markets: users locking capital without earning yield while markets remain open.
PredictFun is incubated and financially supported by YZiLabs.
Leveraging BNB Chain's User Base
The project is built around BNB Chain’s large and active ecosystem, which consistently ranks among the busiest networks by number of addresses. The platform allows users to make predictions while continuing to earn staking rewards on the funds they commit, reducing the opportunity cost typically associated with long-running markets.
However, the network’s limited stablecoin liquidity remains an obstacle. BNB Chain currently has fewer stablecoin options compared to competing ecosystems, which could restrict liquidity and slow the platform’s growth.
Current Metrics and Future Challenges
According to publicly available data, PredictFun has more than 12,000 users and a total market volume of roughly $300,000. Despite the traction, the platform remains significantly smaller than major competitors such as Polymarket and Kalshi.
The main challenge in the coming months will be sustaining user activity and deepening liquidity rather than relying solely on initial hype.
The Growing Prediction Market Sector
The launch comes during a period of rapid expansion for prediction markets. In November, the sector recorded a new all-time high with $14.3 billion in combined trading volume: Kalshi — $5.8B, Polymarket — $4.3B, Opinion Labs — $4.2B.
Major platforms are also experimenting with new incentive structures. Both Polymarket and Kalshi have introduced staking rewards, treasury-backed incentives, or point-based systems to keep participants engaged and compensate for the capital tied up in unresolved markets.
One of the major developments in the sector is Polymarket’s official return to the United States after four years — a shift that could reshape the competitive landscape.
PredictFun's Potential Position on BNB Chain
Despite early challenges, PredictFun may benefit from the size and engagement of the BNB Chain ecosystem. With thousands of active users and high transaction volumes, the chain could help the platform secure a meaningful position among leading prediction markets if liquidity grows and user retention stabilizes.