Polymarket vs PredictIt

How Polymarket vs PredictIt compare on our ratings, prediction market specs, funding, pros and cons.

VS
Feature
Ratings
Our score4.0/53.2/5
User ratingNo reviews yetNo reviews yet
Market selection4.53.5
Liquidity4.53.5
Fees3.02.0
Resolution quality4.03.5
Ease of use4.03.5
Specs
Market typesPolitics, Sports, Crypto, Economics, CulturePolitics, Economics
Settles inpUSD, a crypto collateral token backed by USDCUSD
ChainsPolygonNot disclosed
Trading feesNot disclosed10% fee on profits and 5% fee on withdrawals
Resolution sourceUMA Optimistic OracleNot disclosed
Available in the US No Yes
KYC requiredNot disclosed Yes
Regulated venue No Yes
Market topicsPolitics, Elections, Sports, Crypto, Finance, Geopolitics, Technology, Culture, Weather, EconomicsUS Elections, Congressional Votes, Presidency, Financial Indicators
Liquidity rewards YesNot disclosed
Company
Founded20202014
HeadquartersUnited StatesUnited States
Investors1789 Capital, Intercontinental Exchange, Founders Fund, General Catalyst +26Not disclosed
Strengths and weaknesses
Pros
  • Broad markets across politics, sports, crypto and current events
  • Non-custodial trading with onchain positions
  • Polygon supports pUSD collateral and ERC-1155 outcome tokens
  • UMA provides a defined challenge process for supported markets
  • Operates as a CFTC-approved derivatives exchange and clearinghouse
  • Deep liquidity on United States political and election markets
  • Direct bank account deposits and fiat settlement in US dollars
  • Track record spanning over a decade since November 2014
Cons
  • International trading is blocked for US residents
  • Country restrictions include the United Kingdom, France, Germany and Japan
  • Thin liquidity can increase entry and exit costs
  • Resolution disputes can delay or change settlement outcomes
  • Charges a 10% fee on profits plus a 5% fee on all withdrawals
  • Single-contract positions are restricted to a maximum of $3,500
  • Strictly limited to US citizens with mandatory identity verification
  • Custodial structure exposes user funds to centralized platform counterparty risk
Best forEvent probability traders, Onchain prediction market users, Politics and sports marketsUS political election traders, Traders requiring regulated US venues, Retail fiat 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.

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