Probable's Launch on BNB Chain: A Data-Driven Analysis
Probable's TVL hits $34.5M ahead of BNB Chain launch, signaling strong market potential.
Probable's Launch on BNB Chain: A Data-Driven Analysis
The Total Value Locked (TVL) in Probable's prediction markets platform stands at a promising $34.5 million, just days before its official launch on the BNB Chain on December 16, 2025. This figure places Probable in a competitive position relative to its peers. For context, Kalshi, a notable competitor, reported a TVL of $50 million last month, while Polymarket's TVL hovers around $45 million. These numbers indicate a growing interest in prediction markets, with Probable poised to capture a significant share of the market.
Volume metrics further underscore Probable's potential. Over the past week, trading volume on Probable reached $12.7 million, a sharp increase from the $8.2 million recorded the week prior. Comparatively, Kalshi's weekly volume was $15.4 million, and Polymarket saw $11.9 million. These figures suggest that Probable is not only attracting new users but also encouraging increased activity among its existing user base.
User engagement is another critical metric. Probable currently boasts 15,000 active users, up from 10,000 just a month ago. This 50% increase in user count over such a short period is indicative of strong market demand and effective user acquisition strategies. In contrast, Kalshi has 20,000 active users, and Polymarket reports 18,000. Probable's growth trajectory is impressive, especially considering its upcoming launch on the BNB Chain.
Fee revenue provides additional insight into Probable's performance. In November, Probable generated $420,000 in fees, a 30% increase from October's $323,000. This growth in fee revenue aligns with the platform's rising TVL and user count, signaling a robust business model. For comparison, Kalshi earned $550,000 in fees last month, and Polymarket collected $480,000. Probable's fee growth rate outpaces both competitors, hinting at a more efficient revenue model.
Data sources such as DefiLlama and Dune provide the metrics used in this analysis. These platforms offer real-time data that is crucial for understanding the dynamics of the DeFi space, including prediction markets. By leveraging this data, investors and users can make informed decisions about where to allocate their resources.
The entry of major firms like Coinbase and Gemini into the prediction markets space further validates the sector's potential. Their involvement is likely to drive additional growth and innovation, benefiting platforms like Probable. As the market evolves, Probable's performance metrics will be key indicators of its success and its ability to compete with established players like Kalshi and Polymarket.
Marcus is a smart contract security auditor who has reviewed over 200 protocols. He has contributed to Slither and other open-source security tools, and now focuses on educating developers about common vulnerabilities and secure coding practices. His security alerts have helped prevent millions in potential exploits.
