Yzi Labs-Backed Prediction Market Set to Launch on BNB Chain - Here’s Why It Matters

A new prediction market platform, backed by Yzi Labs, is gearing up for launch on BNB Chain. This move signals a strategic push to bring speculative finance directly onto one of crypto's most active networks.
Decentralized Betting on Everything
Forget sportsbooks. This platform lets users create and trade on the outcome of real-world events—elections, stock prices, even the weather. It cuts out traditional bookmakers entirely, using smart contracts to automate payouts. The logic is simple: if data can be verified, it can be wagered on.
Why BNB Chain? Speed and Scale.
The choice of BNB Chain isn't random. The network offers lower transaction fees and faster finality than Ethereum mainnet—critical for a platform where market sentiment can shift in seconds. It's a play for mainstream accessibility, targeting the chain's massive existing user base tired of gas fee roulette.
The Information Arbitrage Play
Prediction markets often act as eerily accurate forecasting tools. When money's on the line, collective intelligence surfaces. This platform could become a real-time sentiment gauge for everything from crypto volatility to geopolitical risk, potentially bypassing lagging traditional indicators. Of course, it also creates a shiny new casino for the degen crowd—because what's finance without a little gambling dressed up as innovation?
The launch taps into a growing appetite to monetize foresight. Whether it becomes a vital oracle for the crypto economy or just another venue for leveraged guesswork remains to be seen. One thing's certain: it puts the 'fun' in dysfunctional financial markets.
Probable targets Web3 traders
Probable launches as crypto traders are seeking out the newest liquidity hubs. After abandoning meme tokens and the riskier perpetual futures DEXs, traders have focused on prediction pairs.
Probable aims to become a user-first platform, with a large section of predictions based on crypto-native risks and Web3 activity. Probable was incubated by PancakeSwap and Yzi Labs, with special knowledge of Web3 structure and liquidity.
The platform will launch with zero-fee predictions, with no additional platform fees. Just like Polymarket, Probable will use the UMA oracle for its resolutions.
The new platform will allow for multi-token predictions, allowing deposits in all types of assets. The prediction pairs themselves will use USDT, the most widely circulated stablecoin.
There will be no need to bridge or swap the tokens before using the prediction market, saving some of the extra steps for other platforms. Currently, Polymarket still relies on Polygon, requiring the bridged FORM of USDC for making predictions.
Older prediction markets lag behind the 2025 trend
Prediction markets and prediction tokens are not a new idea in the crypto space. In the past decade, multiple projects launched with the goal of carrying some forms of predictions.
Most of the projects failed due to unfavorable clashes with regulators, as the projects were classified as forms of gambling. Only after Kalshi and Polymarket gained acceptance did a new wave of projects emerge.
Currently, the tokens of legacy prediction projects are still underperforming, with a total valuation of just $2.9B. Instead of reviving old platforms, new launches aim to gain attention from the latest cohorts of predictors.
The improved infrastructure and trading tools are also in favor of the new projects. Wallet integrations and stablecoin usage are boosting on-chain predictions.
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