A new Solana-based prediction market platform, World, has launched with the goal of competing directly against established players Polymarket and Kalshi, entering a rapidly expanding sector that blends crypto infrastructure with event-based trading.
World is built entirely on Solana’s high-speed blockchain and is integrated into the Phantom wallet, giving it immediate access to tens of millions of existing users without requiring additional downloads or separate account setups. This approach is designed to accelerate adoption by lowering entry barriers for traders already active in the Solana ecosystem.
Real-time settlements powered by Chainlink
The platform uses Chainlink’s oracle infrastructure to deliver real-time data and automate market outcomes. Once an event result is confirmed, trades can be settled instantly, enabling immediate payouts.
This model removes delays commonly seen in other prediction platforms and aims to provide a smoother experience for traders engaging in time-sensitive markets. Early offerings will include cryptocurrency price predictions and contracts tied to events such as the 2026 FIFA World Cup, with settlements handled using a stablecoin.
Established players maintain strong positions
Polymarket and Kalshi continue to dominate the sector, each taking different approaches. Polymarket operates primarily on Polygon and uses USDC for trading, gaining traction through global and political event markets. Kalshi, a regulated U.S.-based platform, supports assets like USDC, Solana, and Bitcoin, converting them into U.S. dollars for settlement while expanding through partnerships with mainstream platforms.
Both platforms have invested heavily in growth. Kalshi is reportedly seeking fresh funding at a $40 billion valuation, underlining the scale of interest in prediction markets. The sector itself has grown significantly, with monthly trading volumes surpassing $20 billion in early 2026.
Competition intensifies across crypto and traditional finance
World’s debut comes as competition accelerates across both decentralized and traditional platforms. Companies including Coinbase, Robinhood, and DraftKings are expanding into prediction-style markets, offering event-based trading to a broader audience.
Robinhood has highlighted prediction markets as one of its fastest-growing revenue segments, while DraftKings recently reported billions in annualized volume from its exchange product. Coinbase has also introduced prediction contracts as part of its wider trading ecosystem.
Focus on speed and user experience
World’s core advantage lies in Solana’s low latency and high throughput, which could allow for faster execution and lower fees compared with Ethereum-based platforms and layer-2 solutions. Its integration within Phantom may also serve as a key onboarding channel, simplifying access for retail traders.
As the platform rolls out its initial markets, its ability to attract liquidity and maintain performance will be closely watched in an increasingly crowded and competitive space.
Love fast, on-chain prediction markets? Explore how event contracts work on Toobit with this guide to Toobit Event Contracts.
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