Catenaa, Wednesday, December 24, 2025- PancakeSwap announced Probable, a new prediction market platform incubated by the decentralized exchange and supported by YZi Labs, will launch on BNB Chain, the company said Tuesday.
Probable will allow users to predict crypto price movements, global events, sports outcomes, and regional markets. At launch, the platform will charge no fees and will automatically convert deposited tokens into USDT on BNB Chain, eliminating the need for swaps or bridges.
Event verification and settlement will use UMA’s Optimistic Oracle.
Although PancakeSwap is aiding Probable’s early growth, the platform operates independently. No specific launch date was provided, though the blog post confirmed it is “coming soon.”
Prediction markets have gained traction in 2025, with platforms such as Kalshi and Polymarket seeing billions in monthly trading volumes. Major crypto and finance firms, including Coinbase, Gemini, Robinhood, and MetaMask, have also announced ventures or investments in the sector.
Regulatory uncertainty remains a concern. Prediction markets are sometimes classified as gambling or sports betting, creating compliance risks.
Federally licensed platform Kalshi has faced enforcement actions in multiple states over similar contracts, highlighting the challenges for new entrants in the space.
Probable’s launch aims to simplify user access to prediction markets while providing secure and transparent event settlement, positioning it to capitalize on growing demand for decentralized forecasting tools.
