Binance to Launch In-App Prediction Markets via Predict.Fun

• Binance is currently beta testing an integrated prediction market feature within its wallet app through a partnership with Predict.fun.
• Users will be able to trade on the outcome of real-world events, including sports and elections, using shares priced between $0.01 and $0.99.
• The move follows a massive surge in the sector, with monthly trading volumes across major platforms exceeding $20 billion.

Integration and Functionality

Binance has confirmed it is aggregating prediction market services from third-party providers, starting with Predict.fun, a protocol based on the BNB Smart Chain. This new feature will be accessible directly via the Binance Wallet. To participate, users will need to establish a dedicated prediction account that remains distinct from their standard spot trading accounts.

The mechanics of the platform involve event contracts where participants buy "yes" or "no" shares. These shares are priced to reflect the collective probability of an event's outcome. If a user believes an event is likely to happen, they buy shares at a price determined by market sentiment.

A Growing Competitive Landscape

Binance joins several other major exchanges that have recently moved into the prediction market space. Coinbase expanded its offerings earlier this year through a partnership with Kalshi, while Crypto.com debuted a standalone platform named OG just before Super Bowl LX. This expansion comes amid explosive growth in market activity:

• Monthly trading volume rose from $1.2 billion in early 2025 to over $20 billion by March.
• Kalshi reported $10.98 billion in volume for March, a slight increase from $10.44 billion in February.
• Polymarket reached $10.04 billion in March, up from $7.94 billion the previous month.

Regulatory Scrutiny and Market Integrity

As the popularity of these platforms grows, they are facing increased attention from lawmakers. In the United States, Senators Adam Schiff and John Curtis introduced the Prediction Markets Are Gambling Act. This legislation aims to prohibit the trading of contracts related to sports or casino-style games on registered platforms.

In response to these pressures and concerns over market integrity, leading platforms are taking proactive steps. Both Kalshi and Polymarket have implemented new screening tools and stricter restrictions to prevent insider trading and curb potential market manipulation.