BeInCrypto Institutional Research: 15 Growing Prediction Market Platforms

2026-04-30, 1:47 AM Institutional 0

Best Market Predictions Solution is an award category within The , 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 — 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 appeared first on .