The prediction market is indeed becoming increasingly crowded. Previously, the early team of PancakeSwap launched a new project, and now both former and current teams are involved in prediction markets, which also indicates the market's optimistic outlook on this direction.
Currently, Polymarket and Kalshi have established leading positions. New entrants face significant pressure to differentiate themselves in this track. From an ecosystem perspective, PancakeSwap's community base is so large that if a new project can leverage ecosystem advantages, there are still opportunities in liquidity and user onboarding.
But the key still depends on product design and operational strategy. Prediction markets fundamentally test user base, liquidity depth, and interactive experience. As market competition intensifies, more innovative gameplay or stronger network effects are needed to stand out. The reshuffling in this track has just begun.
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DevChive
· 2025-12-19 07:28
Another prediction market project? Poly and Kalshi haven't even won yet, and a bunch of people want a piece of the pie...
Really, projects without network effects can't survive here; liquidity is too hard to accumulate.
Wait, are the PancakeSwap folks about to cut the leeks again? Let's first see if they can improve the product experience.
With so many people entering the field, it feels like another round of death race...
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GasFeeCrier
· 2025-12-19 02:01
It's another prediction market, with new wheels being invented every day...
Polymarket and Kalshi have already paved the way. Can the latecomers really turn things around?
Relying on PancakeSwap traffic? Sounds good, but will LPs really come?
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StableNomad
· 2025-12-16 12:21
ngl, prediction markets feeling like 2017 alt season energy rn... everyone and their ex is launching one. statistically speaking, winner-take-most dynamics usually mean 80% of these die quietly. polymarket's already got the liquidity moat, so good luck differentiating there lol
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MemeEchoer
· 2025-12-16 08:19
It's deadlocked. Poly and Kalshi have already raised the bar so high; newcomers might struggle unless they come up with some real innovation.
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GasFeeCryer
· 2025-12-16 08:15
The prediction market has become a red sea, and only those who can innovate are worth paying attention to.
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Polymarket is already so competitive, why should new projects win? Ecosystem traffic can't save trash products either.
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It's both about the ecosystem and network effects, but it sounds nice... in the end, it's still about operations and fundraising.
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The PancakeSwap team has started their own ventures, which shows there's definitely an opportunity, but it could also just be a quick grab and then leave.
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Shuffling the deck is not wrong, but the problem is whether users will stay. What can be used to build liquidity depth? Throw money at it?
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I'm tired of hearing the word differentiation. True differentiation is when the early participants make money.
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It feels like Polymarket has already gone down this road to death. Later entrants really need to find a new way.
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gas_guzzler
· 2025-12-16 08:08
The prediction market has really become a mess now. Poly and Kalshi finish their meals and still have to clear their plates. How hard is it for newcomers to break through the crowd?
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OnChainSleuth
· 2025-12-16 08:00
Wow, this wave of prediction markets really is getting competitive. Both the former and current officials are stepping into the game, which is just ridiculous.
Wait, the key still depends on who can deepen the liquidity. A good product experience is the true key, right?
To be honest, Polymarket still feels like it's relying a bit on its old reputation.
The prediction market is indeed becoming increasingly crowded. Previously, the early team of PancakeSwap launched a new project, and now both former and current teams are involved in prediction markets, which also indicates the market's optimistic outlook on this direction.
Currently, Polymarket and Kalshi have established leading positions. New entrants face significant pressure to differentiate themselves in this track. From an ecosystem perspective, PancakeSwap's community base is so large that if a new project can leverage ecosystem advantages, there are still opportunities in liquidity and user onboarding.
But the key still depends on product design and operational strategy. Prediction markets fundamentally test user base, liquidity depth, and interactive experience. As market competition intensifies, more innovative gameplay or stronger network effects are needed to stand out. The reshuffling in this track has just begun.