Kalshi vs Opinion

How Kalshi vs Opinion compare on our ratings, prediction market specs, funding, pros and cons.

Kalshi4.3/5
VS
Opinion3.5/5
Feature
Ratings
Our score4.3/53.5/5
User ratingNo reviews yetNo reviews yet
Market selection4.54.0
Liquidity4.53.5
Fees4.03.0
Resolution quality4.53.0
Ease of use4.04.0
Specs
Market typesPolitics, Sports, Crypto, Economics, Culture, WeatherEconomics, Crypto
Settles inUSDNot disclosed
ChainsOtherBNB Chain
Trading feesModel fee rounded to $0.000001 precision with balance rounding feesNot disclosed
Resolution sourceOfficial government and industry statistics, primary source reportingDecentralized multi-agent AI oracle
Available in the US YesNot disclosed
KYC required YesNot disclosed
Regulated venue YesNot disclosed
Market topicsElections, Macroeconomics, Sports, Cryptocurrency, Weather, Financial IndicesMacroeconomics, Crypto prices, Politics, Sports, News
Company
Founded2018—
HeadquartersUnited States—
InvestorsBaillie Gifford, Layer Global, TCV, Coatue +9Hack VC, Jump Crypto, YZi Labs, Decasonic +4
Strengths and weaknesses
Pros
  • Registered Designated Contract Market status provides federal regulatory oversight for US-based traders
  • Deep liquidity exceeding $2B in weekly volume across major events in May 2026
  • Transparent dollar-denominated balances eliminate stablecoin depeg risks
  • Subpenny orderbook precision down to $0.0001 allows fine-grained execution
  • Over $8B in monthly trading volume recorded in January 2026
  • Smart contracts audited by both ScaleBit and Zellic
  • Trading through limit orders rather than standard AMMs
  • Backed by $25M in venture funding from firms including Hack VC and Jump Crypto
Cons
  • Requires full identity verification (KYC), preventing anonymous participation
  • Centralized custody of cash balances without on-chain asset withdrawals
  • Subject to regulatory exclusions, including a 2026 trading ban on US Senate staff
  • Unprofitable to profitable user ratio reached 2.9 to 1 in 2026
  • Reliance on AI oracles presents dispute risk for ambiguous news outcomes
  • TVL was about $3.1M in October 2026
Best forUS residents wanting regulated event contracts, Quantitative traders using FIX and REST APIs, Sports bettors preferring central orderbook pricingMacro data and news traders, DeFi users using limit orders, BNB Chain event speculators

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

More comparisons