How Prediction Market Fees Work
Last updated: July 31, 2026
Trading itself is gasless. Predict's Smart Wallet sponsors network fees, so you never pay gas when you trade.
There's still a small taker fee on trades, which scales with how close a market's price is to 50¢ (however, makers pay nothing).
You can lower what you pay two ways: maker rebates if you provide liquidity, and a 10% discount on taker fees if you joined via invite link.
Deposits and withdrawals carry no Predict platform fee (but they do have third-party or blockchain costs outside Predict's control).
Why Trading Fees Exist
Prediction market fees exist to fund liquidity: traders willing to sit on both sides of a price so others can get in and out easily. Predict funds that liquidity by charging a small fee on one side of each trade and routing part of it back to the traders providing that liquidity.
Only takers (traders who fill an existing order) pay this fee. Makers, who place the order that waits on the book, pay nothing and can even earn from it.
How the Taker Fee Is Calculated
The taker fee isn't a flat percentage of your trade size. It scales with how close the market's price is to 50¢: fees are highest near 50¢, where the outcome is most uncertain, and shrink toward close to zero as a price moves toward the extremes (near 1¢ or 99¢).
This mirrors how much genuine price discovery is happening. A trade at 50¢ is a genuine punt on an uncertain outcome, while a trade at 98¢ is just following what the market believes. Pricing the fee this way keeps confident, near-certain trades cheap (see bond markets for an example) while fairly pricing the risk on close calls.
Maker Rebates
If you place a limit order that sits on the book and gets filled by someone else, you're a maker, and instead of paying a fee, you can earn a rebate: a share of the taker fee paid by whoever filled your order.
This is what makes it worth someone's time to keep resting orders on the book at prices other traders can hit. More resting liquidity means tighter markets for everyone.
Fee Discounts
Sign up through an invite link and you get 10% off your taker fees, automatically, for as long as you trade on Predict.
The person who invited you also earns 10% of your trading fees, forever, on top of a share of your Predict Points. Neither of you pays extra for this; it's funded out of the standard fee split, not added on top.
Block Trades
Block Trade, Predict's venue for negotiating large trades directly with a counterparty, currently runs under a Zero Fee Promotion: takers pay no fee on block trades while the promotion is active.
Deposits and Withdrawals
Predict charges no platform fee to deposit. Depending on the path you use, third-party on-ramp providers may charge their own fee, and cross-chain deposits routed through the Smart Routing Address carry about 0.1% slippage from bridging, not a Predict fee, but worth knowing about.
Withdrawals also carry no Predict platform fee. You'll only ever pay standard blockchain gas to move funds out.
What About Yield?
If you hold a position on one of Predict's yield-bearing markets, there's a separate 10% management fee, taken only from the yield your position earns, never from your principal. That's a different mechanism from trading fees; see How Yield Works on Open Positions for the full breakdown.
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Let's GoFrequently Asked Questions
Do I pay gas to trade?
No, not if you're using the Predict Smart Wallet or trading through Binance Wallet, both are gasless. You'd only pay gas if you connect a traditional Web3 wallet like MetaMask instead.
Who actually pays the trading fee?
Takers do: traders who fill an existing order. Makers, who place the resting order, pay nothing and can earn a rebate instead.
How much is the taker fee?
It scales with the market price: highest near 50¢, and close to zero near the extremes (1¢ or 99¢). There's no single flat rate across all markets.
How do I get a fee discount?
Sign up through an invite link for an automatic 10% discount on your taker fees, for as long as you trade.
Do deposits or withdrawals cost anything?
Predict doesn't charge a platform fee for either. You may still owe a third-party on-ramp fee, cross-chain bridging slippage, or standard blockchain gas, depending on the path you use.
Is the yield management fee the same as the trading fee?
No, they're separate. The 10% yield management fee only applies to yield-bearing markets and is taken from yield earned, not from trades or your principal.
Fees Glossary
Taker
A trader who fills an existing order on the book, paying the trading fee.
Maker
A trader whose resting order gets filled by someone else, paying no fee and earning a rebate instead.
Maker rebate
A share of the taker fee paid back to the maker whose order was filled.
Gasless
Trading without paying a separate network fee per transaction.
Smart Routing Address (SRA)
A temporary address used for cross-chain deposits, which bridges funds to BNB Chain automatically with a small amount of slippage.
Management fee
The 10% cut Predict takes on yield generated by open positions, taken from the yield itself rather than your principal.
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