2026-01-14 04:27:07

The competitive landscape of the prediction market track has been quite interesting lately. Currently, among on-chain prediction platforms, Opinion has accumulated over ten million USD in revenue, ranking third in this vertical. However, the leader remains firmly held by Polymarket, followed closely by Kalshi— a platform that operates offline with a US-compliant approach. The profits of these two leading players are only going to increase, and their ceiling has yet to be reached. The key is that other platforms now need to find ways to break the existing pattern and discover differentiated breakthroughs. The overall potential of the prediction market track has yet to be fully unleashed.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

SandwichTrader

· 18h ago

Polymarket is really dominant, it's hard to beat... --- Kalshi's compliance strategy is quite clever. --- Opinion has already reached tens of millions? This sector isn't as competitive as I imagined. --- Wait, where's the differentiation breakthrough... they all seem similar. --- The leading ones are making money, do latecomers still have a chance... --- I've heard too many times that potential is yet to be unleashed, haha. --- Compliance vs. decentralization, how will this game be broken? --- Tens of millions in revenue look impressive, but what about profit? --- The prediction market game isn't over yet, let's keep watching.

View OriginalReply0

LightningHarvester

· 18h ago

Polymarket is so strong, Opinion surpassing 10 million can only rank third, the gap is quite large --- Kalshi taking the compliant route still results in being top 2, it seems the mainstream players still have an advantage --- Breaking the existing pattern is easy to say, but platforms with truly differentiated strategies are rare --- A revenue of over 10 million sounds substantial, but within the entire industry, it may not be enough --- The ceiling for prediction markets has not been reached, but the ceiling for new entrants might already be at the limit --- The dominance of the leading players is so fierce, latecomers need to have real skills to break through

View OriginalReply0

HashBrownies

· 18h ago

Polymarket is so popular, but it also depends on how far Kalshi's compliance strategy can go... It seems that the next step is to see who can find a new breakthrough angle.

View OriginalReply0

SleepyValidator

· 18h ago

Polymarket is so competitive, how can other projects compete... You need to find true differentiation. Opinion has surpassed ten million? That's not enough to watch, it needs to multiply ten times to be interesting. Although compliance is a boring path, Kalshi has obviously made money, showing that rule-based players can also win. Prediction markets are just getting started, don’t be scared by the current landscape. The top players are eating the meat, the mid-tier are drinking the broth, and newcomers haven't even had a sip... This game is really hard to break.

View OriginalReply0

OvertimeSquid

· 18h ago

Polymarket is so competitive, other small platforms really need to think about how to survive --- Millions of dollars? The number for opinion is okay, but it's being squeezed by poly to death --- Differentiation breakthrough... easier said than done, they have already formed an ecosystem --- Kalshi, which operates off-chain, hasn't been eliminated, which really says something --- Not fully unleashed yet? They always say that, let's wait and see --- Three platforms with three different strategies, this race is indeed interesting, and the competition has just begun --- Reaching over ten million for opinion isn't easy, but it's still far behind poly

View OriginalReply0

ProofOfNothing

· 18h ago

Polymarket is so popular it's really unbelievable, it even makes me want to give it a try haha --- Tens of millions in revenue still rank third, how high must the ceiling be in this track --- Kalshi's compliance route is quite steady; if Poly weren't so aggressive, it would have already been blown up --- Honestly, just copying Poly's model has no future; I need to think of some crooked ideas --- I really haven't figured out prediction markets; has anyone made money? --- Opinion has surpassed 10 million but still ranks third, the pattern is set, brothers --- What's the breakthrough for differentiation? It seems like just burning money to buy users --- Kalshi's off-chain operation has bypassed how many troubles --- Is there still a chance, or have Poly and Kalshi already locked down the entire market? --- Right now, these two are eating the meat, others are just drinking the soup

View OriginalReply0