PancakeSwap Launches Zero-Fee Prediction Market “Probable” on BNB Chain

PancakeSwap has launched "Probable," an on-chain prediction market on the BNB Chain, incubated within its ecosystem and backed by YZi Labs. This initiative aims to expand beyond spot trading and liquid staking.

Probable offers zero trading fees at launch to attract users in a competitive sector.
Traders can speculate on outcomes related to crypto assets, global events, sports, and regional markets.
The platform uses UMA's Optimistic Oracle for on-chain market settlement and verification.

Positioning of Probable

Exclusive launch on BNB Chain with stablecoin-quoted markets and UMA-handled settlements to minimize disputes and ensure quick resolutions.
Integration with PancakeSwap’s existing interface, leveraging its large DeFi community on BNB Chain.
Competes with established prediction markets like Polymarket and Kalshi.

Growth of Prediction Markets in 2025

Crypto prediction markets have grown significantly, with new platforms challenging early leaders.
YZi Labs reports more than $28 billion in volume year-to-date for 2025, highlighting the sector's growth.
Traditional exchanges like Coinbase and Gemini are entering the market with licensed products.
Analysts project that on-chain prediction infrastructure could support a broader derivatives market, potentially reaching tens of billions in open interest over the next decade.