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BeInCrypto Institutional Research: 15 Growing Prediction Market Platforms
Best Market Predictions Solution is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence across 26 categories and six pillars.
This category sits in Pillar 1: Retail to Crypto Bridge. The 15 firms below are its longlist, drawn from venues, broker-and-wallet integrations, decentralised protocols, and specialist liquidity infrastructure that powered institutional and retail participation in event-contract and prediction markets between April 2025 and March 2026.
During this period, the prediction market sector grew from roughly $1.2 billion in monthly notional volume to over $25 billion. A shortlist will be named in May 2026, and the winner will be announced at Proof of Talk in Paris on June 2–3, 2026.
- Longlist: 15 firms, covering CFTC-regulated DCM exchanges, broker and wallet-distributed event contract platforms, on-chain crypto-native prediction markets, DEX-integrated prediction protocols, sports-and-reputation specialists, and specialist prediction-market liquidity infrastructure
- Candidates screened: Starting pool of 34 prediction-market platforms and infrastructure providers across the institutional event-contract stack; 15 advanced to this longlist, with 5 additional firms held in the outreach pool.
- Scoring (Track B): Editorial quantitative 30% | Expert Council 50% | Disclosed 20%
- Criteria assessed: Market depth, liquidity, resolution quality, user base, regulatory standing, institutional relevance, technical infrastructure
- Sources: Regulator filings (CFTC Designated Contract Market and Derivatives Clearing Organization registers, CFTC Futures Commission Merchant and Introducing Broker rolls, ESMA event-contract guidance, FCA temporary registrations), on-chain volume data via Dune Analytics and DefiLlama, firm-published transparency reports, exchange listing disclosures, audited financial filings of public-listed parent companies, and private-market data platforms including PitchBook, Tracxn, and Crunchbase, supplemented by mainstream financial press.
| # | Firm | Sub-Segment | HQ | Scale Signal | Core Product | Representative Work |
|---|---|---|---|---|---|---|
| 1 | Polymarket | On-chain venue | New York, USA | $10B+ monthly volume $1.6B ICE commitment |
On-chain event contracts | ICE data distribution agreement Largest on-chain prediction market |
| 2 | Kalshi | CFTC-regulated DCM | New York, USA | $22B valuation $10B+ monthly volume |
Event contract exchange | First regulated US prediction market Launched crypto perpetuals (2026) |
| 3 | Robinhood Predictions | Broker distribution | Menlo Park, USA | 12B+ contracts traded 26.8M funded accounts |
In-app prediction hub | Largest retail distribution layer MIAXdx acquisition (2026) |
| 4 | Coinbase Predict | Broker distribution | United States | 100M+ users Nationwide rollout (2026) |
App-based event contracts | Integrated with Kalshi backend Regulatory litigation strategy |
| 5 | Backpack Predictions | Exchange integration | United States | $363B lifetime exchange volume Unified portfolio launched |
Cross-margined predictions | One-account system across spot and perps MiFID II access via FTX EU |
| 6 | Crypto.com Derivatives | CFTC-regulated DCM | Singapore / USA | 100M+ users 40x prediction growth |
Event contract exchange | White-label backend for multiple platforms Sports and finance markets |
| 7 | Limitless | On-chain venue | Cayman Islands | $1B+ monthly volume $2B+ cumulative |
CLOB prediction markets | Fastest growth among on-chain platforms BNB Chain expansion |
| 8 | Opinion | On-chain venue | BNB ecosystem | $158M TVL $14M+ fees generated |
Decentralized predictions | Second-largest DeFi prediction market AI-generated market rules |
| 9 | Fanatics Markets | Sports specialist | United States | 200M+ users (parent) Live in 24 states |
Sports prediction markets | Crypto.com backend integration Multi-category expansion planned |
| 10 | Manifold Markets | Reputation-based | United States | Thousands of markets Strong calibration metrics |
Play-money predictions | Widely used in research communities Open API forecasting |
| 11 | Metaculus | Reputation-based | United States | 3.5M+ predictions 20K+ active questions |
Scientific forecasting | Used by research institutions High calibration accuracy |
| 12 | Azuro | DEX infrastructure | Decentralized | 30+ frontend platforms Multi-chain deployment |
Liquidity infrastructure | Liquidity Tree model Protocol-as-infrastructure design |
| 13 | Thales Markets | DEX protocol | Decentralized | Multi-chain deployment Synthetix integration |
Binary options + sports | Longest-running Optimism protocol Overtime sports vertical |
| 14 | DraftKings Predictions | Sports specialist | United States | $14B market cap (parent) 38-state launch |
Event contract platform | CME settlement infrastructure Railbird acquisition |
| 15 | Raven Trading | Liquidity infrastructure | Bulgaria | Backed by Wintermute, Coinbase Ventures $2.7M seed round |
Market making, liquidity | Provides institutional liquidity layer Supports multi-venue depth |
About This List
The BeInCrypto Institutional 100 — Prediction Markets (2026 Long List) identifies the platforms and infrastructure enabling institutional and retail participation in event-contract markets. This includes regulated exchanges, broker integrations, on-chain venues, and supporting liquidity providers.
Methodology
This category is evaluated under Track B of the BIC 100 methodology: 30% quantitative metrics, 50% Expert Council scoring, and 20% disclosed data.
Assessment spans seven criteria: market depth, liquidity, resolution quality, user base, regulatory standing, institutional relevance, and technical infrastructure.
Data was verified using regulatory filings, on-chain analytics platforms, and private-market sources, including PitchBook and Tracxn. Figures reflect the most recent available data at publication.
The post BeInCrypto Institutional Research: 15 Growing Prediction Market Platforms appeared first on BeInCrypto.
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