CZ introduces new BNB Chain native prediction market Predict.Fun
Binance CEO Changpeng Zhao (CZ) has unveiled Predict.Fun, a new prediction market on the BNB Chain that enables users to earn yield on their funds while their positions remain open. This innovation aims to address a major inefficiency in traditional prediction markets where user funds often sit idle for extended periods without generating returns.
Source Coindesk
Currently, Predict.Fun counts over 12,000 users with a total market volume of approximately $300,000, though it remains smaller compared to leading platforms such as Polymarket and Kalshi. The platform leverages the sizable BNB Chain userbase to enhance capital efficiency within prediction markets.
Looking ahead, the launch of Predict.Fun could reshape trading dynamics in prediction markets, making them more profitable and appealing to a broader blockchain audience.
