All duels

Polymarket US vs Predict.fun

Same lines, side by side: fee at 50¢, custody, KYC, excluded countries, resolution and volume, from official pages and DefiLlama.

See the 18 differences
DegenBench#01Polymarket US
DegenBench#04Predict.fun

18 of 24 lines differ

LinePolymarket USPredict.fun
TypeVenueLists, matches and settles its own marketsVenueLists, matches and settles its own markets
Taker fee3.48% at 50¢Since 19 October 2026, takers pay 0.0695 × contracts × p × (1 − p): 100 contracts at 50¢ cost $1.74. Table tennis uses 0.10. Makers pay nothing and earn a rebate from $10M of monthly maker volume; takers get 3% to 30% back from $250,000 of monthly volume.Edge2% at 50¢Takers pay 2% × min(p, 1 − p) × shares: 100 contracts at 50¢ cost $1.00, or $0.90 with an invite code. Makers pay nothing. Minimum order 1 USDT. Open positions earn Venus yield, minus a 10% management fee.
30-day volumeEdge$3.14B$380M
New-user perk$25 trading credit after signing up with a referral code and depositing at least $1010% off trading fees with an invite code
CustodyCustodial dollar accountEdgeSmart wallet in your name; Predict never holds the keys
Identity check (KYC)KYC requiredEvery account is verified: name, address, Social Security number and a photo ID, with a selfie when needed.Not documentedNo KYC policy is published: you sign up with an email, a Google or X account, or your own wallet, and declare that you are not in an excluded country.
Excluded countriesOpen only to residents of United StatesOpen to US residents only, and trading is not available in Nevada, although its App Store page claims all 50 states.13Terms dated 18 November 2025: the US, the UK, France, Ontario, Singapore, Poland, Thailand and Taiwan, plus sanctioned Iran, Syria, Cuba, North Korea, Crimea, Donetsk and Luhansk. Australia and Belgium appear in the terms' capitalised notice but not in their definition of restricted jurisdictions.
ResolutionDecided by the exchangeMarkets settle under the exchange's rulebook. Polymarket US publishes rule clarifications and can cancel resting orders when it clarifies a market.Optimistic oracleUMA's optimistic oracle settles markets created since March 2026: a bonded proposal, a challenge window, then a UMA token-holder vote if disputed. Recurring up/down crypto markets settle from Chainlink Data Streams. Its technical overview describes a simplified adapter with no bond or dispute, which contradicts the help pages.
Settles onPolymarket ClearingBNB Chain
CollateralUSDUSDT, USDC
OperatorQCX LLC (Polymarket US)CFTC (DCM, DCO)PDF Labs Limited
TokenNo tokenNo token
Where it runsWeb, iOS, AndroidWeb
Chains—EdgeEVMBNB Chain
Documented featuresEdge5 of 104 of 10
Order bookYesYes
Anyone can create a marketNoNo
Combos / parlaysYesNot documented
Maker rebatesYesNot documented
Yield on collateralNot documentedYes
Trading APIYesYes
Mobile appYesNot documented
Telegram botNot documentedNot documented
Own tokenNot documentedNo
Points programNot documentedYes

Which one should you pick?

Pick Polymarket US if

You live in the US outside Nevada and want Polymarket in a regulated app with dollar deposits.

Polymarket's regulated twin for Americans: same brand, but a separate CFTC-regulated exchange with dollar accounts, identity checks and its own fee formula. Since 19 October 2026 its taker fee is almost exactly Kalshi's, and it serves no one outside the US.

Read the Polymarket US review

polymarket.us

Pick Predict.fun if

You trade on BNB Chain and want a low fee at 50¢ with yield on your open positions.

The second-largest on-chain venue after Polymarket on DefiLlama: a central order book on BNB Chain, a taker fee that peaks at 2% at 50¢, and Venus yield on open positions. Its terms name the operator, PDF Labs, under British Virgin Islands law, and exclude the US, the UK and France.

Read the Predict.fun review

predict.fun

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