MEXC launches prediction market platform amid surge in event-based trading

Crypto exchange MEXC announced the launch of its new Prediction Market platform, allowing users to trade contracts tied to real-world outcomes such as geopolitical developments, macroeconomic events, and crypto industry milestones.

The product turns global news events into tradable probability markets where traders can speculate on outcomes and adjust risk exposure in real time. MEXC said the platform will offer zero trading fees and millisecond-level execution speeds.

Prediction markets have gained rapid traction over the past year. According to data cited by MEXC, leading platforms Polymarket and Kalshi processed more than $18 billion in trading volume in February alone, a more than ninefold increase compared with August 2025 levels.

The sector has expanded far beyond standalone platforms. Several major crypto exchanges and fintech companies are now integrating prediction markets directly into their products.

Coinbase entered the space through a partnership with the regulated event contract exchange Kalshi, enabling access to prediction markets within its app.

Kraken has also explored launching its own prediction market services following the acquisition of a licensed derivatives exchange in the United States, positioning it to compete with existing players such as Polymarket and Kalshi.

Other platforms including Crypto.com and Gemini have also rolled out prediction market products, signaling a broader industry shift toward event-based trading markets.

MEXC says the platform is designed to combine forecasting and trading within a single account. Chief Operating Officer Vugar Usi said prediction markets turn uncertainty into price, adding that the next frontier of trading is not just assets but outcomes.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.