Polymarket and Predict.fun are both crypto prediction markets, but they solve different problems. Polymarket has the depth, the biggest markets, and the most money moving through it. Predict.fun is smaller and newer, built around points and airdrop farming, so trading there now can earn you a future token. This guide breaks down where each one wins so you can pick without second guessing.
The short version
If you want the deepest liquidity and the widest set of markets, use Polymarket. If you want to farm an airdrop early on a smaller venue that is still handing out points, use Predict.fun. Plenty of traders do both.
Polymarket
Polymarket is the largest crypto prediction market by a wide margin. It runs on Polygon, settles in USDC, and asks for no KYC on the international platform. Around $4.84B in volume moved through it over the last 30 days, spread across thousands of markets covering politics, sports, crypto prices, and more. Effective fees land near 1 percent. The international site is geoblocked for US users, who have a separate regulated Polymarket US to trade on. A POLY token and airdrop have been confirmed by the company CMO, but no date has been set.
Predict.fun
Predict.fun is a newer prediction market on BNB chain, built around points and airdrop farming. Trading now earns points that are expected to convert into a future token, which is the main draw for most people using it today. Volume over the last 30 days sat around $381M, so it is smaller than Polymarket, but liquidity is still decent for the larger markets. It is open globally. If you like getting in early on a platform before its token exists, this is the one to watch.
| Polymarket | Predict.fun | |
|---|---|---|
| Chain | Polygon | BNB chain |
| 30d volume | $4.84B | $381M |
| Liquidity | Deepest in the category | Decent, smaller |
| Fees | About 1 percent | Low, points based incentives |
| Token/airdrop | POLY confirmed, no date | Points live, token expected |
| KYC | None (international) | None |
| Best for | Depth and biggest markets | Early airdrop farming |
Liquidity and markets
This is where the gap is clearest. Polymarket runs about $4.84B of volume every 30 days across thousands of markets. That depth means you can put real size into a position without moving the price much, and you can find a market on almost anything topical. Predict.fun moves around $381M over the same window. That is a healthy number for a newer platform, and the busy markets have enough liquidity to trade comfortably, but you will notice thinner order books once you step away from the headline events. If you trade large or need niche markets, Polymarket is the safer choice.
Fees
Polymarket's effective cost to trade sits around 1 percent, which is competitive for a market this deep. Predict.fun keeps fees low and layers points based incentives on top, so part of what you would normally think of as cost gets offset by the rewards you accrue for being active. Neither platform charges KYC friction on entry. For most traders the fee difference is small enough that liquidity and airdrop potential matter more than the headline rate.
Airdrops and rewards
This is the real split. Predict.fun's airdrop farming is live right now. You earn points as you trade, and those points are expected to translate into a token later, so the earlier you start the more you can accumulate before any snapshot. That is a concrete reason to use it today.
Polymarket's POLY token has been confirmed by its CMO, but there is no date and no live points program to farm. The upside is that Polymarket is the dominant platform, so any eventual distribution is worth paying attention to, and simply using the product is the most sensible way to stay eligible for whatever criteria it lands on. In short, Predict.fun rewards you for activity now, while Polymarket is a wait and see with a bigger name behind it. See our Polymarket airdrop page for the current status.
Which should you pick
- You want depth and the biggest markets. Use Polymarket. It has the liquidity, the volume, and the widest coverage.
- You want to farm an airdrop early on a smaller venue. Use Predict.fun. Points are live and the token is still ahead of you.
- You want both, plus better tools. Trade the Polymarket ecosystem through SmartX, which gives you a terminal on top of it with a flat 0.5 percent fee.
SmartX is a trading terminal built on the Polymarket ecosystem. It layers smart-money tracking, signals, and charts on top of Polymarket liquidity, at a flat 0.5 percent fee. If you plan to trade Polymarket seriously, it is worth a look.
Open SmartX →Want to go deeper? Compare more venues in our roundup of apps like Polymarket, read the full Polymarket airdrop breakdown, or see how everything ranks in our best prediction markets guide.
Frequently asked questions
Is Predict.fun legit?
Yes. Predict.fun is a real prediction market on BNB chain with around $381M in 30 day volume and decent liquidity on its larger markets. It is newer and smaller than Polymarket, and it is built around points and airdrop farming, so treat the token as an expectation rather than a guarantee until it ships.
Which has better liquidity?
Polymarket, clearly. It runs about $4.84B of volume every 30 days, the deepest in the category, versus roughly $381M for Predict.fun. If you trade in size or need niche markets, Polymarket gives you more room.
Does Predict.fun have an airdrop?
Predict.fun runs a live points program, and trading now is expected to earn a future token. There is no confirmed date or final terms yet, so the standard advice applies: stay active if you want to farm, but do not assume specifics that have not been announced.
Can I use both?
Yes, and many people do. A common approach is to run size on Polymarket for depth and the biggest markets, while trading on Predict.fun to farm its points ahead of a token. Neither platform requires KYC on entry, so it is easy to keep an account on each.