Crypto.com Prediction Markets Overview
Crypto.com entered U.S. prediction markets through Crypto.com Derivatives North America (CDNA), a CDNA is a CFTC-designated contract market and derivatives clearing organization; OG is a consumer app built on that infrastructure. In February 3, 2026, the company launched OG — a standalone prediction market app for sports, politics, and financial event contracts.
Open Fee
$0.02 per contract
Close Fee
$0.02 per contract
Regulation
CDNA DCM + DCO
Launch market
U.S. users
Our Take
Key Strengths
CFTC-Regulated Exchange
Crypto.com Derivatives North America (CDNA) is a CDNA DCM + DCO — fully regulated exchange and clearinghouse.
Simple Flat Fees
$0.02/contract ($1 markets), $0.20/contract ($10 markets); tech fee waived on wins — easy to calculate, no formula math required.
Broad Market Coverage
Markets cover Sports, politics, economics, entertainment, financial indicators, crypto.
U.S. Launch
OG launched for U.S. users in February 2026. Crypto.com’s launch announcement did not publish a complete state-by-state availability list.
Crypto Funding
Fund via Cash or crypto via Crypto.com app — an advantage for crypto-native users.
Partner Ecosystem
Platform powers 6 partner apps including Fanatics Markets, Underdog Predictions, Truth Social.
Key Considerations
Higher Fees Than Kalshi on Cheap Contracts
At low probabilities, Kalshi's formula-based fee (e.g., ~0.63¢ at 10¢ price — the fee scales with odds, so longshots are nearly free) is far cheaper than $0.02 per contract per contract. CDNA's flat fee becomes costly for small-probability trades.
New Standalone App
OG launched February 2026 — newer than Kalshi or Polymarket with less trading history and liquidity data available.
State coverage not fully published
OG launched for U.S. users in February 2026. Crypto.com’s launch announcement did not publish a complete state-by-state availability list.
Margin Trading Not Yet Live
Planned margin trading was announced at launch but described as subject to CFTC certification — not yet available at time of writing.
What is Crypto.com's Prediction Market?
Platform Overview
Crypto.com built its prediction market business around Crypto.com Derivatives North America (CDNA), a CDNA is a CFTC-designated contract market and derivatives clearing organization; OG is a consumer app built on that infrastructure. CDNA provides the regulatory backbone — handling contract listing, clearing, and settlement — while consumer-facing apps sit on top of it.
For most of 2025, prediction markets were a feature inside the main Crypto.com app alongside crypto trading. In February 3, 2026, the company spun out a dedicated app: OG. The standalone platform combines event contract trading with social features — leaderboards, community sharing, and a VIP program tied to Crypto.com's sports and entertainment partnerships.
OG offers contracts across Sports, politics, economics, entertainment, financial indicators, crypto. Sports are the primary focus at launch, but the platform positions itself as a broader event contract destination.
How OG Works
Core Mechanics
Funding Your Account
You can fund via Cash or crypto via Crypto.com app. The crypto funding option is a differentiator versus Kalshi (USD only) — relevant if your capital is already on the Crypto.com platform.
Trading Mechanics
Like other CFTC-regulated prediction markets, contracts are priced between 1¢ and 99¢ and pay $1 if the event resolves in your favor. Buy "Yes" to profit if it happens; buy "No" to profit if it doesn't. Contracts settle automatically through CDNA's clearinghouse once the event resolves.
Settlement
Settlement is handled by Crypto.com Derivatives North America (CDNA) as the CFTC-registered clearinghouse. Winning contracts pay out $1 per contract; losing contracts expire worthless. As a regulated DCO, CDNA is responsible for guaranteeing contract performance. How prediction market settlement works →
Fees Breakdown
Cost Structure
| Fee Type | Crypto.com | Kalshi | Polymarket |
|---|---|---|---|
| Open / Entry | $0.02 per contract | ≤1.75¢/contract (formula-based) | Sports 0.75% peak; Crypto 1.80% peak; Politics/Finance/Tech 1.00%; most fee-free at extremes |
| Close / Exit | $0.02 per contract | Free | Free (most markets) |
| Fee model | Flat per contract Same fee regardless of odds — simple to predict. | Formula: 0.07 × P × (1 − P) Fee varies by odds: max 1.75¢ at 50/50, near-zero for longshots. | Category-based Sports 0.75% peak; Crypto 1.80% peak; Politics/Finance/Tech 1.00% peak; Geopolitics free. |
Available Markets
Market Coverage
OG offers event contracts across: Sports, politics, economics, entertainment, financial indicators, crypto.
Sports are the primary entry point — major U.S. leagues, championship events, and international sports are the core focus. Political and economic contracts sit alongside them, with financial indicator contracts covering economic data and crypto price outcomes. How prediction market contracts work →
State Availability
Geographic Access
OG launched for U.S. users in February 2026. Crypto.com’s launch announcement did not publish a complete state-by-state availability list.
Official launch materials did not publish a complete state-by-state availability list. Treat any exclusion list as provisional unless confirmed by the product itself.
State availability can change as the regulatory landscape evolves. Use our State Checker to verify current access in your state.
Margin Trading: Planned, Not Yet Live
Advanced Features
Status as of April 2026: Announced, not active
Planned — first prediction market platform to offer margin trading. Per the official press release: "OG also plans to provide access to CDNA's margin prediction contracts offering through Crypto.com's federally licensed futures commission merchant. This will be the first prediction markets platform to offer margin trading." [Margined trading is] "subject to the certification of such products with the CFTC."
If launched, margin trading would allow users to trade more than their deposited balance — a first for any CFTC-regulated prediction market. The feature requires CFTC product certification before going live. Verify current status at OG.com .
Growth: What the Numbers Said at Launch
Platform Metrics
Point-in-time data — as of February 3, 2026
"40x weekly growth over 6 months (as of Feb 2026)"
— Kris Marszalek, Co-Founder and CEO of Crypto.com, in the OG launch press release (February 3, 2026). This figure reflects internal growth metrics reported at the time of the OG app launch. Current growth metrics are not independently verifiable.
Regulatory & Corporate Structure
Legal Framework
Crypto.com's prediction market operations are supported by a multi-entity regulatory structure under CFTC oversight.
NFA-registered Futures Commission Merchant (FCM). Registered September 19, 2025. Serves asCrypto.com's licensed FCM for handling customer funds and submitting trades to CDNA's exchange infrastructure.
NFA BASIC: Foris DAX FCM LLCPartner Platforms
Ecosystem Partners
Crypto.com Derivatives North America (CDNA)'s exchange infrastructure powers prediction markets for multiple consumer apps beyond OG, giving the platform broader distribution across different audiences:
Strategic Partnerships & Integrations
Key Alliances
Crypto.com has expanded its prediction market ecosystem through data, media, and distribution partnerships.
LSports — Data Integration
Sports data integration powering real-time feeds and market resolution for CDNA's sports event contracts.
LinkedIn AnnouncementHollywood.com — Operational Partner
Operational partnership supporting Crypto.com's prediction market operations and distribution.
Hollywood.com Partnership DetailsMyPrize — Social Gaming Partner
The first social gaming business to offer prediction markets, in strategic partnership with Crypto.com.
Crypto.com AnnouncementTrump Media & Technology Group
Partnership with Trump Media & Technology Group for prediction market distribution and integration.
S-3/A FilingPlatform Comparison
Competitive Analysis
All data sourced from our verified platform database. Verify current figures at each platform's official site.
| Feature | Crypto.com | Kalshi | Polymarket | FanDuel Predicts |
|---|---|---|---|---|
| Regulation | CDNA DCM + DCO | CFTC DCM + DCO | CFTC DCM (via QCX LLC) | CFTC via CME Group |
| Entry Fee | $0.02 per contract | ≤1.75¢/contract (formula-based) | Sports 0.75% peak; Crypto 1.80% peak; Politics/Finance/Tech 1.00%; most fee-free at extremes | 2% of potential payout at checkout |
| Exit Fee | $0.02 per contract | Free | Free (most markets) | Same 2% fee re-applied if cashing out early |
| Market Types | Sports, politics, economics, entertainment, financial indicators, crypto | Economics, politics, weather, finance, sports | Politics, crypto, sports, finance | Sports |
| Crypto Funding | Yes | USD + USDC | Yes (USDC) | No |
| Margin Trading | Planned (not yet live) | No | No | No |
Who Should Use Crypto.com Prediction Markets?
Target Audience
Good fit if you...
- - Already use Crypto.com and want to fund with crypto
- - Want a sports-first experience with a social layer
- - Prefer flat, predictable per-contract fees over a formula
- - Trade mid-to-high probability contracts (where flat fees are competitive)
- - Want access to 6+ platforms on CDNA's infrastructure
Consider alternatives if you...
- - Trade low-probability contracts at high volume (Kalshi's formula is cheaper)
- - Need the deepest liquidity (Kalshi and Polymarket have longer track records)
- - Live in New York (Available in 48 states + DC; not available in New York or Arizona. Sports contracts additionally restricted in NV, OH, MI, MD, MA, NJ, IL.)
- - Want market breadth beyond sports (Kalshi has 300+ markets)
Frequently Asked Questions
5 common questions answered
Related Resources
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