According to a Foresight News report, Opinion Labs, a prediction market platform launched last October, achieved a nominal trading volume comparable to Polymarket and Kalshi within weeks of its launch. Data shows that in the week ending January 25, Opinion's trading volume approached $2 billion, surpassing Polymarket and only slightly below Kalshi's during the same period. Opinion's geographical advantage in Asia is a key strength; according to Similarweb data, in January, approximately 42% of Opinion's website traffic came from Asia, compared to only 19% for Polymarket and 7% for Kalshi.
Opinion previously received investment from YZi Labs. Kaviish Sethi, a data engineer at Artemis Analytics, stated that Opinion has unique advantages in content operation and localization in the Asia-Pacific region, and the high-quality and active user community within the Binance ecosystem was also a key reason for Opinion's early rapid growth.
