• CZ’s YZi Labs is expanding its prediction market footprint with new platforms on BNB Chain.
• YZi-backed Opinion posted $1.5B weekly volume, surpassing Kalshi and Polymarket.
• Opinion captured 40% of the entire prediction market, just weeks after launching.
• Analysts call its growth “too fast and too clean” to be fully organic.
• Prediction markets hit a record $13B cumulative volume, attracting major industry players.

YZi Labs — the venture capital firm launched by Binance co-founder Changpeng “CZ” Zhao — is heavily increasing its presence in the prediction market sector as its backed platforms experience explosive growth. On Wednesday, CZ welcomed the launch of Predict.fun on BNB Chain, emphasizing that users earn yield on idle prediction funds, while noting the post was not an endorsement.

The announcement follows a breakout performance from Opinion, another YZi-backed prediction platform that has stunned industry observers by surpassing established competitors within weeks of going live. Opinion Labs, the platform’s developer, secured $5 million in seed funding in March 2025 led by YZi (formerly Binance Labs), with participation from Animoca Ventures, Manifold Trading, Amber Group and others.

Opinion officially launched in October as a BNB Chain–exclusive platform, with CZ confirming YZi holds a minority stake and provides strategic support. Despite its quiet debut, the platform has quickly become the most discussed prediction market of the year.

Within just four weeks of going live, Opinion’s weekly trading volume surged to nearly $1.5 billion, according to Dune Analytics data. This pushed it ahead of Kalshi ($1.2B) and Polymarket ($1B), giving Opinion roughly 40% of the total $3.7B prediction market volume — shattering industry records, including Polymarket’s 2024 US election peak.

The sudden rise has raised eyebrows. TEN Protocol co-founder Cais Manai called the growth “extreme,” suggesting the speed and consistency of the spike appear engineered rather than purely organic. Other market watchers have echoed concerns that much of the current prediction market activity may be inflated across platforms.

The surge comes during a broader boom in prediction markets, which reached $13 billion in cumulative volume last month despite weaker macro crypto sentiment. Traditional giants like Fanatics are entering the space, launching Fanatics Markets across 24 US states. Meanwhile, Coinbase has partnered with Kalshi to introduce its own regulated prediction market site, and MetaMask has integrated Polymarket directly into its wallet.

While major crypto platforms are expanding aggressively into prediction markets, Binance itself has stayed quiet. However, CZ-owned Trust Wallet recently introduced a new Predictions hub, aggregating markets from Myriad and soon from Kalshi and Polymarket. Binance has not yet announced its own prediction market strategy and did not respond to requests for comment.

Final Thought

Opinion’s meteoric rise shows how fast prediction markets can scale when paired with major backing and ecosystem demand — though its sudden dominance also raises questions about what’s fueling the surge.