Opinion Prediction Market Thwarts Kalshi and Polymarket With $1.5 Billion Weekly Volume

Opinion.Trade has achieved a historic launch in the prediction market space, securing a 40.4% weekly market share and $1.5 billion in volume shortly after launching on BNB Chain, positioning it as a major competitor to Kalshi and Polymarket. Data from October 24 to November 17 showed Opinion averaged $132.5 million in daily notional volume, with open interest ranking third behind Kalshi and Polymarket. This surge was fueled by an aggressive OPN Points program rewarding liquidity provision and trading, accessible with just $200 in weekly volume. Structural advantages include backing from YZi Labs (formerly Binance Labs) and an advanced AI architecture that uses a multi-model jury (OpenAI, Claude, Gemini) for contract creation and resolution. The platform's success was also accelerated by BNB Chain's low fees and high throughput, which supported high transaction volumes. The key challenge ahead for Opinion is demonstrating the durability of this growth beyond initial incentives.

(Source：BeInCrypto)