Predict.fun
Predict.fun, also called Predict or Predict Fun, is an on-chain prediction market on BNB ChainBNB ChainBNB Chain is a multichain blockchain ecosystem with BNB as its native asset. Its core includes the Ethereum Virtual Machine-compatible BNB Smart Chain, the opBNB layer-2 network and the decentralized storage network BNB Greenfield; its history traces to Binance Chain, launched in 2019.Open the full entry that launched in December 2025. It was founded by Dingaling and is backed by YZi Labs. The platform can route USDT collateral behind open positions to earn yield. It acquired Probable in March 2026, and in October 2026 it disclosed unauthorized transfers of about 400,000 USDT from user wallets and pledged full reimbursement.
Contents7 sections
Key facts
December 2025Launch on BNB Chain
Predict.fun launched on BNB Chain in December 2025 as a BNB-native prediction market.[1]
March 4, 2026Acquisition of Probable
Predict.fun announced the acquisition of Probable, an on-chain prediction platform incubated by PancakeSwap and YZi Labs, bringing its team in-house. The company said it had processed $1.5 billion in cumulative volume for more than 120,000 users since launch.[1]
March 31, 2026Investment by YZi Labs and Susquehanna Crypto
Predict.fun announced a strategic funding round with YZi Labs and Susquehanna Crypto, without disclosing the amount. YZi Labs, which first backed the platform during EASY Residency Season 2, made a follow-on investment, and Susquehanna Crypto was to help with market quality and liquidity.[2]
April–July 2026: Binance Wallet Access and Yield Mechanism
On April 9, 2026, BinanceBinanceBinance is a global digital asset trading and multi-asset financial platform launched in 2017 and co-founded by Changpeng Zhao and Yi He. Its business has expanded from spot trading to derivatives, wallets, payments, a public blockchain ecosystem, market data, traditional securities, and artificial intelligence interfaces; its history also includes security incidents, regulatory enforcement across multiple jurisdictions, a 2023 U.S. criminal settlement, and subsequent compliance restructuring.Open the full entry Wallet announced in-app access to prediction markets through Predict.fun’s smart contracts. On July 15, Predict.fun explained that eligible markets route USDT collateral to Venus Protocol for variable yield, with the platform taking 10% of earned yield as a management fee.[3]
October 27, 2026Unauthorized Transfers from User Wallets
The on-chain analysis account Onchain Lens issued an alert saying Predict.fun was likely exploited, with about $300,000 in suspected funds moving from multiple contracts through intermediary wallets and a cross-chain bridge service to Tornado CashTornado CashTornado Cash is open-source, non-custodial crypto-asset mixing software deployed on Ethereum in 2019: users deposit assets into shared pools and later withdraw them to new addresses with a cryptographic proof, breaking the on-chain link between deposit and withdrawal addresses. The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned it in August 2022, citing its use to launder funds stolen by the North Korean hacking group Lazarus Group and others; the US Court of Appeals for the Fifth Circuit ruled in November 2024 that its immutable smart contracts are not sanctionable “property,” and OFAC delisted it in March 2025. Developer Alexey Pertsev was convicted of money laundering in the Netherlands, and Roman Storm was convicted in the United States of conspiring to operate an unlicensed money transmitting business; as of October 2026, a retrial on his two remaining charges was still pending.Open the full entry.[4]
Predict.fun then confirmed in a statement that a small number of users had experienced unauthorized transfers from their wallets totaling about 400,000 USDT. Its preliminary investigation pointed to a possible compromise of its API documentation site, hosted by a third-party provider, which it took offline. The company pledged to fully reimburse funds lost as a direct result and to publish a full post-mortem after its investigation.[5]
October 27–30, 2026PREDICT Token Announced and TGE Delayed
Predict.fun announced its native token PREDICT, with a fixed supply of 1 billion: 51.95% for ecosystem and community and 26.05% for early backers, with 16% unlocked at TGE and 70 million tokens allocated to the Season 1 airdrop.[6]
The platform then said the PREDICT TGE and Season 1 airdrop claim were delayed in line with the postponement of Binance Alpha and spot trading, with a new time to be announced.[7]
Sources
- Predict.fun Completes Strategic Acquisition of Probable (opens in a new window)
- Predict.fun Announces Strategic Funding Round with YZi Labs and Susquehanna Crypto (opens in a new window)
- Predict.fun confirms 400,000 USDT theft, promises full refunds (opens in a new window)
- ALERT: PREDICT FUN ON BSC LIKELY EXPLOITED (opens in a new window)
- We are aware of a small number of users who have experienced unauthorized transfers of funds from their wallets (opens in a new window)
- Introducing $PREDICT, the native token of the Predict Protocol (opens in a new window)
- The $PREDICT TGE and Season 1 airdrop claim has been delayed (opens in a new window)