Opinions, major prediction markets BNB Chain, reached a new record for open interest. The new platform is gaining market share from Polymarket and Kalshi and expanding its activities through the most active prediction topics.
Opinion prediction market open interest accelerated in January, reaching a new record of more than $138 million. Opinion ranks among the top three prediction markets in terms of open interest, accounting for more than 60% of total prediction trading volume on some peak days.
Opinion Labs reached record open interest while holding nearly 60% of the prediction market volume. |Source: Dune Analytics
Weekly trading volume also peaked in January at over $1.6 billion, outpacing polymarket activity. Opinion’s rapid rise is also related to its aggressive promotion and connection to the Binance ecosystem. The market reached $147 million in total value locked and easily generated $1.74 million to $1 million in weekly fees.
Opinion serves a diverse market and relies on Brevis to do so. settlementaims to avoid conflicts when resolving prediction pairs.
Opinions grow about the use of social media
This opinion goes beyond the basic predictive design of Polymarket and Kalshi. Instead, the platform wanted engagement from day one.
Builder programs aggregate projects that add services, curation, analytics, and more to Opinion programs. most construction contractor has already launched operational products, bots, and services. Opinion team only aggregate is a construction company and does not endorse or recommend any investment. Nevertheless, the growth in the list indicates strong involvement in the project by third parties.
Opinion continues to prepare grants for builders and is expanding with new rounds of applications. Regarding round 2, 270 The project has been previewed and signed up for grants.
Points Opinions showing organic growth despite agriculture
Opinion has also started a points farming program and is increasing its level of activity. However, points of high difficulty have been set, and the market is growing organically.
Currently, users have to pay an average of $50 per point, but points are also allocated to connect idle wallets to the platform. whole, point farming This is just part of the opinion activity that follows general trends in prediction markets.
At Opinion, certain markets and topics take the lead in the most active prediction pairs. Macro predictions and crypto price action are the two most active categories on Opinion.
The launch of Opinion was seen as another attempt by the Binance ecosystem to catch up with trends in other networks. The rise in opinion was rapid, as was the influx of activism against the indigenous Asters. BNB Chain perpetual futures market.
The project, which was launched with support from Yzi Labs, is also preparing for the final token launch. Opinion Labs is targeting crypto-native users, while Polymarket and Kalshi are looking to pioneer mainstream adoption.
