Binance founder Changpeng “CZ” Zhao announced a new BNB chain prediction market this week in a post on X highlighting predict.fun, a platform built by a former Binance employee that allows users’ funds to earn returns while positions remain open.
The new market allows users to place bets while earning passive income with idle funds.
The setup aligns with industry efforts to resolve a key inefficiency that traders must lock up capital without earning anything while waiting for events to resolve.
Both Polymarket and Kalshi now combine staking rewards, treasury incentives or points systems on top of picks to keep users engaged and offset the opportunity cost of long-running markets.
Charging…
Predict.fun currently includes two markets with a combined volume of around $300,000.
The site claims to have more than 12,000 users with almost 300,000 bets placed.
That scale gap remains wide. Polymarket has generated more than $3 billion in total trading volume, far ahead of Kalshi’s roughly $587 million. Smaller platforms like Limitless have raised around $10.9 million, according to Polymarket Analytics.
The concentration reflects a liquidity dynamic that favors established venues. New entrants often see spikes in activity during reward campaigns, but struggle to retain users once the incentives fade.
Predict.fun, however, is supported by BNB Chain, which leads all chains in the number of active wallets (users) and has seen active addresses almost double in the last year, according to on-chain analysis, with Token Terminal estimating a 25% market share.
While this looks promising, BNB Chain has a significant gap in stablecoin issuance, limiting the liquidity available to Predict.fun.
For now, the most immediate test is whether Predict.fun can catch up to smaller competitors like Limitless and generate consistent volume, something BNB Chain’s large user base can help but won’t guarantee in a market where liquidity advantages add up quickly.
