Polymarket 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 16 differences
| Line | Polymarket | Predict.fun |
|---|---|---|
| Type | VenueLists, matches and settles its own markets | VenueLists, matches and settles its own markets |
| Taker fee | 0–3.5% at 50¢Takers pay contracts × rate × p × (1 − p): 0.07 in crypto, 0.05 in sports, economics, culture and weather, 0.04 in politics, finance, tech and mentions, 0 in geopolitics; combos 0.05. 100 contracts at 50¢ cost $1.75 in crypto, $1.25 in sports and $1.00 in politics. Makers pay nothing and share 15% to 25% of taker fees; deposits and withdrawals carry no Polymarket fee. | 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 volume | Edge$2.31B | $380M |
| New-user perk | None documented | Edge10% off trading fees with an invite code |
| Custody | Self-custody: your keys, collateral in a smart contract | Smart wallet in your name; Predict never holds the keys |
| Identity check (KYC) | Above a thresholdSign up with an email or a self-custody wallet; Polymarket asks its top-volume traders for more information. Its terms forbid using a VPN to get around a block. | 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 countries | 41Polymarket's API docs block Iran, Syria, Cuba, North Korea, Crimea, Donetsk and Luhansk outright. In 37 other countries, including the US, the UK, France, Germany, Italy, Australia and Brazil, plus British Columbia, Ontario, Alberta and Quebec, you can only close positions you already hold; Ireland, Japan, the Netherlands and South Korea are close-only on the website only, and Malta for sports only. The help center (14 August 2026) calls most of them fully blocked. US residents are sent to Polymarket US. | 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. |
| Resolution | Optimistic oracleUMA's optimistic oracle: anyone proposes an outcome against a bond, typically $750 pUSD, then a two-hour challenge window opens. A second dispute goes to a vote of UMA token holders. Crypto up/down markets settle from Chainlink instead. | 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 on | Polygon | BNB Chain |
| Collateral | pUSD | USDT, USDC |
| Operator | Adventure One QSS Inc. | PDF Labs Limited |
| Token | No token | No token |
| Where it runs | Web | Web |
| Chains | EVMPolygon | EVMBNB Chain |
| Documented features | 4 of 10 | 4 of 10 |
| Order book | Yes | Yes |
| Anyone can create a market | No | No |
| Combos / parlays | Yes | Not documented |
| Maker rebates | Yes | Not documented |
| Yield on collateral | Not documented | Yes |
| Trading API | Yes | Yes |
| Mobile app | No | Not documented |
| Telegram bot | Not documented | Not documented |
| Own token | No | No |
| Points program | Not documented | Yes |
Which one should you pick?
Pick Polymarket if
You want to trade from your own wallet, without a document check, in a country Polymarket serves.
The crypto-native venue: a central order book settled on Polygon, collateral that stays in your wallet, and a fee that depends on the market's category, from nothing in geopolitics to 3.5% at 50¢ in crypto. Access is the catch: 41 countries are blocked or close-only, the US, the UK and France among them, and France's regulator has ordered internet providers to block the site.
Read the Polymarket reviewpolymarket.com
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 reviewpredict.fun
