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.
#FirmSub-SegmentHQScale SignalCore ProductRepresentative Work
1PolymarketOn-chain venueNew York, USA$10B+ monthly volume

$1.6B ICE commitment
On-chain event contractsICE data distribution agreement

Largest on-chain prediction market
2KalshiCFTC-regulated DCMNew York, USA$22B valuation

$10B+ monthly volume
Event contract exchangeFirst regulated US prediction market

Launched crypto perpetuals (2026)
3Robinhood PredictionsBroker distributionMenlo Park, USA12B+ contracts traded

26.8M funded accounts
In-app prediction hubLargest retail distribution layer

MIAXdx acquisition (2026)
4Coinbase PredictBroker distributionUnited States100M+ users

Nationwide rollout (2026)
App-based event contractsIntegrated with Kalshi backend

Regulatory litigation strategy
5Backpack PredictionsExchange integrationUnited States$363B lifetime exchange volume

Unified portfolio launched
Cross-margined predictionsOne-account system across spot and perps

MiFID II access via FTX EU
6Crypto.com DerivativesCFTC-regulated DCMSingapore / USA100M+ users

40x prediction growth
Event contract exchangeWhite-label backend for multiple platforms

Sports and finance markets
7LimitlessOn-chain venueCayman Islands$1B+ monthly volume

$2B+ cumulative
CLOB prediction marketsFastest growth among on-chain platforms

BNB Chain expansion
8OpinionOn-chain venueBNB ecosystem$158M TVL

$14M+ fees generated
Decentralized predictionsSecond-largest DeFi prediction market

AI-generated market rules
9Fanatics MarketsSports specialistUnited States200M+ users (parent)

Live in 24 states
Sports prediction marketsCrypto.com backend integration

Multi-category expansion planned
10Manifold MarketsReputation-basedUnited StatesThousands of markets

Strong calibration metrics
Play-money predictionsWidely used in research communities

Open API forecasting
11MetaculusReputation-basedUnited States3.5M+ predictions

20K+ active questions
Scientific forecastingUsed by research institutions

High calibration accuracy
12AzuroDEX infrastructureDecentralized30+ frontend platforms

Multi-chain deployment
Liquidity infrastructureLiquidity Tree model

Protocol-as-infrastructure design
13Thales MarketsDEX protocolDecentralizedMulti-chain deployment

Synthetix integration
Binary options + sportsLongest-running Optimism protocol

Overtime sports vertical
14DraftKings PredictionsSports specialistUnited States$14B market cap (parent)

38-state launch
Event contract platformCME settlement infrastructure

Railbird acquisition
15Raven TradingLiquidity infrastructureBulgariaBacked by Wintermute, Coinbase Ventures

$2.7M seed round
Market making, liquidityProvides 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.


To read the latest cryptocurrency market analysis from BeInCrypto, click here.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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