$PREDICT is the native token of Predict.fun, which Binance’s project note describes as a prediction market on $BNB Chain. Users take positions on future event outcomes; the futures contract, instead, lets traders take directional positions on the platform’s token.
How pricing, funding and margin work
The contract calculates its mark price from trades rather than from a spot-market index. Binance uses an average of transaction prices over the preceding ten seconds, updates it each second and limits each second’s movement to ±1%.
If that window contains fewer than 21 trades, the calculation uses the most recent 20 transaction prices instead.
During pre-market trading, the funding cap is +0.005% per four-hour interval. After the contract becomes a standard perpetual, the funding limits widen to +2.00% and −2.00% per interval.
The minimum order is 1 $PREDICT, subject to a minimum notional value of 5 $USDT, and the tick size is 0.0001. Binance also supports Multi-Assets Mode, allowing traders to provide assets such as BTC as margin.
A fixed token supply, but no completed public launch
$PREDICT’s total supply and maximum supply are each fixed at 1,000,000,000 tokens. Predict.fun has not completed its public token generation event.
The billion-token figure describes total supply, not circulating float. Multiplying a pre-market price by that supply produces an implied fully diluted valuation rather than a circulating market capitalization: a $0.01 price equates to $10 million on that basis.
A futures listing does not promise spot access
Binance says that listing a token on its futures platform does not guarantee a listing on Binance Spot. The Binance Futures contract for the $PREDICT token is a derivatives product, not an existing route to buy the token on a spot market.
The exchange says conversion to a standard perpetual will happen automatically and gradually once spot markets provide a stable index price. During that process, the mark-price calculation will move away from the ten-second trade average toward the median used in its standard three-price formula.
Predict.fun joins an active prediction-market sector
Predict.fun operates in the same sector as Polymarket and Kalshi. Its $BNB Chain platform focuses on event outcomes, while PREDICTUSDT adds a separate market for leveraged exposure to its native token.
Polymarket introduced perpetual trading in early September with leverage of up to 20x. Binance’s PREDICTUSDT contract launched with a 5x ceiling.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.