Author: momo, ChainCatcher
Prediction markets have recently surged in popularity, becoming a focal point for both the crypto and regulated financial markets. Following Polymarket's $ 2 billion investment from ICE , the parent company of the New York Stock Exchange , which soared its post-money valuation to $ 9 billion, Kalshi , another compliant prediction platform , announced the completion of a $ 300 million funding round. According to Bloomberg, Kalshi is in talks with multiple venture capital firms, and its valuation is expected to exceed $ 10 billion.
Currently, neither Polymarket nor Kalshi has launched a TGE, making them two hottest projects in the crypto community, focusing on potential interactions. Furthermore, a number of earlier-stage prediction market projects are also gaining attention . This article will briefly review these noteworthy emerging projects.
Opinion
Opinion ( formerly known as O.LAB ) is a prediction market backed by YZi Labs . In March, YZi Labs led a $ 5 million seed round, with participation from Amber Group , Manifold Trading , echo , and Animoca Ventures . YZi Labs had previously invested in a previous round.
Opinion's product portfolio includes decentralized prediction markets, dynamic opinion markets, and AI oracles. It recently announced the upcoming mainnet launch of BNB Chain and the introduction of a points system.
Ventuals
Deployed on Hyperliquid ( HIP-3 standard), Ventuals focuses on the pre-IPO perpetual futures market, allowing users to long or short the valuations of private companies (such as OpenAI and SpaceX ) using USDC . The platform addresses the liquidity and speed issues of traditional prediction markets by seamlessly integrating on-chain valuation data with the Privy wallet .
Ventuals has launched on the testnet and plans to launch the mainnet and TGE in Q4 2025 .
Recommended reading: Paradigm incubates Ventuals, attempting to bridge the “last mile” of private equity on-chain transactions | CryptoSeed
TradeFox
TradeFox (formerly FactCheck ), incubated by AllianceDAO , initially focused on being a Polymarket for news fraud , allowing users to bet on the truth of past events. However, it later transitioned to become a prediction market aggregator, integrating decentralized prediction markets like Polymarket , Kalshi , and Limitless into a seamless trading platform . It allows users to leverage real-world events like political elections, sporting events, and cryptocurrency price fluctuations, with a trading interface very similar to Hyperliquid .
TradeFox is currently in early testing phase.
Melee
Melee is a prediction market on Solana , positioned as a " viral market ," allowing users to permissionlessly create factual or opinion markets (e.g., pop culture, sports). Its creator economy model rewards early and accurate predictors with a 20% share of transaction fees, eliminating the need for traditional market makers. The platform enhances user engagement through social integration, such as one-click sharing on X/Discord .
It completed a $ 3.5 million pre- seed round of financing led by Variant , with participation from DBA and several angel investors including CoinShares Chief Strategy Officer Meltem Demirors , Solana Labs co-founder Anatoly Yakovenko and Web3 investor Santiago Roel Santos .
Melee is currently in beta and requires an invitation code.
Recommended reading: "Learn about Melee, a newcomer in the prediction market : focusing on socialization and deep integration with the creator economy"
Myriad
Myriad, incubated by DASTAN , the parent company of Decrypt and Rug Radio , seamlessly integrates blockchain-based prediction markets into news and social media platforms like Twitter, YouTube , and Decrypt via a browser extension. Users can conveniently participate in predictions using USDC or platform credits while browsing content, placing orders with one click. Predictions cover a wide range of topics, including cryptocurrency, politics, sports, and culture. The platform is built on blockchains including Abstract , Linea , and Celo .
Myriad is expecting TGE this year and is currently in the Pre-TGE points activity stage, where points can be earned by participating in social tasks and prediction markets.
The Clearing Company
The Clearing Company, founded by Toni Gemayel, previously served as Head of Growth at Kalshi and Polymarket . Its goal is to combine the openness of decentralization with the credibility of regulatory compliance to create a new generation of prediction markets that are both accessible to retail investors and favored by regulators.
In August this year , The Clearing Company announced the completion of a $ 15 million seed round of financing, led by USV and followed by well-known institutions such as Coinbase Ventures .
The Clearing Company is still in the early stages of development.
Recommended reading: The Clearing Company debuts, are the prediction market's " Big Three " here ?
Buzzing
Buzzing's unique goal is to become a personalized prediction market tailored to each individual. By reducing creation costs to zero, enabling unlimited supply, and leveraging algorithmic recommendations to drive daily discovery, Buzzing transforms the prediction market from one driven by hits to one driven by mechanisms.
Buzzing recently launched a testnet on Fluent , and the platform has opened a playground (testing environment), where users can use the fUSD faucet for free for simulation.
Buzzing co-founder Luke previously worked as a product manager at Alibaba and Cobo .
Noise
Unlike Polymarket, which offers binary bets on event outcomes , Noise allows users to make leveraged long and short trades on an event . Built on MegaETH , it aims to capture the "noise" of the crypto community and convert it into an on-chain market.
Noise is currently in early testing.
Rumour
Developed by the AltLayer team , Rumour focuses on turning “ rumors ” in the crypto community into tradable assets , allowing users to bet on unconfirmed rumors such as exchange listings, partnerships, and narrative shifts .
Rumour is currently in early development.
worm.wtf
worm.wtf , a prediction market within the Solana ecosystem , recently launched mainnet. It supports AIGC and allows users to simply enter a prompt word, which instantly generates a prediction market.
