Binance Co-founder Changpeng Zhao (Changpeng Zhao) announced the launch of Predict.fun, a new prediction market developed by a former employee of his company.
The platform operates on the BNB Chain network. Zhao claims it solves a key inefficiency: user funds locked in bets will now be able to earn yield. Traders can make wagers while simultaneously receiving passive income on the capital they commit.
This move aligns with the industry’s overall push to reduce the opportunity cost for participants in long-term markets. Traditionally, they were forced to take their funds out of circulation for weeks or even months while waiting for an event to resolve. Due to this, Polymarket and Kalshi already integrate staking programs, treasury rewards, or points systems to retain users and offset these losses.
Predict.fun is receiving key support from BNB Chain, which leads all blockchains in the number of active wallets. BNB Chain’s massive user base should provide Predict.fun with a significant initial boost in activity.
Read also:
- Google Integrates Kalshi and Polymarket Data Into Search Results
- Kalshi Launches Tokenized Bets on Solana
- Hidden Coinbase Code Hints at Upcoming Prediction Market Launch
This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.