The post CZ and Yzi Labs Begin Drive to Build a Next Gen Prediction Market Oracle appeared on BitcoinEthereumNews.com.
CZ:- As prediction markets rise in popularity, Binance founder Changpeng “CZ†Zhao and BNB Chain ecosystem players are exploring a dedicated oracle layer tailored to the growing needs of prediction markets. This comes as prediction markets like Polymarket, Kalshi crossing $500 million in valuation and the decentralized forecasting platforms continue to grow in popularity with institutional accpetance. However, as they continue to expand in terms of categories – from sports to muuic – their limitations have also become clearer. At the center of this technical bottleneck is the oracle layer, the mechanism that feeds real-world outcomes to on-chain markets. As per the announcement made on X, CZ and several BNB Chain ecosystem investors are evaluating opportunities to back or incubate a prediction-market-specific oracle network, one capable of delivering faster and more contextual data resolution than existing systems. Just quickly reviewed more than 20 prediction markets startup projects on #BNB Chain. There might be an opportunity for someone to build a prediction market specific oracle. Not sure how big the TAM is, but might worth a try. — CZ 🔶 BNB (@cz_binance) October 17, 2025 The Oracle Problem in Prediction Markets Prediction markets depend on timeliness anda slow oracle breaks the illusion of real-time forecasting Existing oracle players still “lag†for prediction markets. Price-feed oracles such as Chainlink, RedStone, Pyth, Band are built for continuous numeric data. Prediction markets also need subjective adjudication, appeals, bonds, liveness windows – features not native to price oracles. Further, UMA’s Optimistic Oracle (OO) – the same infrastructure that powers Polymarket is decentralized and transparent but slow that could go as much as 24–48h in terms of resolution. It still remains vulnerable with low-liquidity, low-attention markets – an example that came to fore during the Ukraine Mineral Deal market. This is what Ella Zhang, Head of YZi…
