CZ introduces Predict.fun: a BNB Chain prediction market with DeFi yield

CZ introduces Predict.fun: a BNB Chain prediction market with DeFi yield - GNcrypto

Binance founder Changpeng Zhao (CZ) has drawn attention to a new prediction market built on BNB Chain. He announced the launch of Predict.fun, a platform where users can bet on real-world events while their funds continue to earn yield in DeFi protocols.

CZ stressed that his post was not a personal endorsement of the service. He noted that the project’s founder previously worked at Binance and that the platform went through incubation at YZi Labs. According to CZ, his message is meant to share news about the BNB Chain ecosystem rather than urge followers to use a specific product or invest in it.

Predict.fun describes itself as a “native” prediction market for BNB Chain. Users lock funds in stablecoins or other supported assets and open positions on specific outcomes — for example, a macroeconomic decision, a sports result or a crypto price move. While a bet remains open, the deposited funds are deployed into external DeFi tools. Part of the yield goes to the user, while the rest supports the protocol’s operations and its liquidity pools.

According to the team, the platform has already attracted more than 12,000 users and processed hundreds of thousands of bets. The total value locked in markets is still in the hundreds of thousands of dollars, and the number of active markets remains limited. Even so, the service is trying to secure a spot in a growing on-chain prediction niche and competes with larger players such as Polymarket and Kalshi, which are also experimenting with different reward models and gamified mechanics.

The rise of Predict.fun comes as regulators pay closer attention to prediction venues, especially in the United States, the biggest market for such products. Firms that offer derivatives tied to real-world events face questions around licensing and how these contracts should be classified. Developers in the BNB Chain ecosystem are betting that decentralized infrastructure and access via self-custodial wallets can appeal to users who want more transparent and accessible tools for event-based wagering.For BNB Chain, the launch of a new prediction market reflects an effort to broaden its on-chain services beyond traditional DeFi and gaming apps.

For now, Predict.fun is still an early-stage experiment with modest volumes, but CZ’s interest and the involvement of YZi Labs signal that the ecosystem is actively looking for more capital-efficient ways to run prediction markets and attract liquidity by building yield directly into the product.

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