CZ Launches Predict.fun Prediction Market on BNB Chain

Binance founder Changpeng Zhao (CZ) has launched a new prediction market called predict.fun, built on the BNB Chain. The platform allows users to earn yield by placing bets on various events, with funds that are not idle generating yield through DeFi integrations. Currently, Predict.fun lists around $300,000 worth of bets across two markets. While CZ’s YZi Labs incubator and former Binance researcher founded the platform, it utilizes a traditional order book model and offers instant trades or limit orders. 40% of users are from the US.