CZ Unveils New BNB Chain Prediction Market Aiming to Rival Kalshi and Polymarket

• Changpeng Zhao introduces Predict, a new prediction market platform on BNB Chain that allows users to generate yield from their staked funds.
• Predict rivals’ top prediction market platforms, Kalshi and Polymarket, amid new partnerships and tool releases.

Binance founder and former CEO Changpeng ‘CZ’ Zhao has introduced a new BNB Chain prediction market. The new platform, known as Predict, aims to rival top prediction markets, Kalshi and Polymarket.

How is Predict Different from Rival Prediction Market?

CZ confirmed the new development in an X post, noting a unique feature offered by Predict. Unlike models like Kalshi and Polymarket, Predict allows users to generate yield from their staked funds via Decentralized Finance (DeFi) integrations.

Put simply, Predict is like a decentralized version of betting apps. However, the platform is powered by smart contracts on a blockchain for transparency and a central authority.

The new prediction platform is built exclusively on BNB Chain, a high-speed, low-cost blockchain ecosystem tied to the BNB token. Predict aims to leverage BNB’s user base for quick, cheap transactions.

According to CZ, the new prediction is backed by Yzi Labs, which officially rebranded from Binance Labs in early 2025. YZi Labs, linked to CZ, is focused on Web3, artificial intelligence (AI), and biotech projects.

The support from YZi Labs goes beyond funding to incubation. It also gives the platform credibility, resources, and visibility in the crypto space. 

As highlighted in our previous article, YZi Labs launched a $1 billion fund for BNB Chain projects focused on DeFi, AI, and RWA. Now, the support for Predict fits right in as one of more than 65 supported initiatives.

In his post, CZ highlighted that a former Binance employee founded the Predict platform, which adds to the insider appeal. He, however, clarified that his shoutout is not an official endorsement.

Tough Competition Between Predict, Kalshi, and Polymarket

Nonetheless, both Predict and YZi Labs are teaming up to make BNB Chain the go-to blockchain for prediction markets globally. The goal is ambitious, and positions BNB as a rival to platforms like Kalshi and Polymarket.

Predict aims for high liquidity, mobile-first design, and categories like politics, sports, and crypto events. For everyday users, they can use Predict to speculate on events with crypto. At the same time, they can earn passive income on their bets while positions are still open.

Rather than placing simple bets, users buy and sell event-based shares whose prices move depending on the crowd’s expectations. 

While Predict entices users with its yield function, prediction platforms like Kalshi and Polymarket continue to adopt new tools to remain relevant.

In our last update, we examined how Kalshi partnered with the Solana blockchain to attract users in the crypto market. Kalshi aims to bridge its traditional off-chain order book with on-chain liquidity.

The partnership with Solana comes just a few months after Kalshi permitted Bitcoin (BTC) deposits through Zero Hash.

Polymarket, on the other hand, recently received approval from the Commodity Futures Trading Commission (CFTC) to operate in the U.S. As we discussed earlier, the approval allows Polymarket to begin onboarding U.S. users.