predict.fun is a decentralized prediction market platform backed by YZi Labs for the BNB Chain. The project was designed to allow users to speculate on the outcomes of real-world events through a platform emphasizing a mobile-first user experience and high capital efficiency. The platform's stated goal is to become one of the most liquid on-chain prediction markets and establish the BNB Chain as a leading hub for the sector. ^{[3] [2]}​

Overview

predict.fun is positioned within the Decentralized Finance (DeFi) sector as a prediction market. The project is backed by YZi Labs and is a graduate of the EASY Residency S2 cohort, an incubator program for emerging projects. The platform's architecture is described as "DeFi-native," with a core design focus on achieving greater capital efficiency than competing platforms. ^{[1] [4]}​

The project was built exclusively on the BNB Chain, a choice intended to provide users with lower transaction fees and faster settlement times compared to platforms on other blockchains. Before its official launch, predict.fun initiated a marketing and user acquisition campaign titled "Skip the Queue," which allowed prospective users to join a waitlist for early access. Its public materials promoted a seamless mobile user experience as a primary differentiator, claiming an estimated "Mobile UX Perfection Score" of 99.2%. ^[3]​

The platform was announced to host markets across multiple categories, including sports, politics, and cryptocurrency price movements. The project's development and launch were part of a stated shared goal between predict.fun and its backer, YZi Labs, to establish the BNB Chain as a leading hub for prediction markets globally. ^[2]​

Platform Mechanics

predict.fun operates as a decentralized application where users trade shares tied to the outcome of future events. The platform aggregates collective belief to determine the probability of an event occurring, reflected in the share price. ^[5]

Trading and Shares

The core mechanism involves users buying and selling shares that represent a specific outcome of an event (e.g., "YES" or "NO"). The trading price of a share reflects the market's perceived probability of that outcome. For example, a "YES" share trading at $0.75 implies a 75% chance of the event happening. When the event's outcome is determined, shares for the correct outcome become redeemable for $1 each, while all other shares for that market become worthless. The platform uses an order book system for matching buy and sell orders. ^[5]

Order Types

Users can trade shares using two main order types:

• Market Orders: Execute immediately at the best available price on the order book.
• Limit Orders: Allow users to set a specific price at which they want to buy or sell. The order only executes when the market price reaches the specified level. Users are limited to a maximum of 10 open limit orders per market. ^[6]

Market Resolution

The platform uses an on-chain oracle to determine and verify the outcomes of real-world events. Its documentation specifies the use of UMA's "optimistic oracle," which assumes proposed outcomes are true unless disputed. In late 2025, the platform's FAQ stated that markets were being resolved manually by an internal team using trusted sources like reputable news websites and official data. ^{[5] [6]}

Market Categories

The platform supports several market categories upon launch, with plans to expand based on user demand.

• Sports: Allowing users to speculate on the outcomes of various sporting events and matches.
• Politics: Hosting markets related to election results, policy changes, and other significant political events.
• Cryptocurrency: Enabling users to predict price movements of digital assets, network updates, and other crypto-related outcomes. ^[3]

predict.fun also supports different market structures, including binary (YES/NO) markets and multi-outcome markets. It features a special category called "Bond Markets" for events with a highly probable outcome, allowing users to purchase the high-probability share to earn a small, fixed-yield-like return upon resolution. ^[5]