Solana Prediction Market World Goes Live: Can It Take on Polymarket and Kalshi?
World launched on July 1 as an onchain prediction market on Solana (SOL), dwell in Phantom Wallet and utilizing Chainlink oracles to routinely settle trades within the CASH stablecoin.
Its debut provides a Solana-native challenger to a sector Polymarket and Kalshi already lead, the place volumes have hit data.
How World Works Inside Phantom
World operates as a non-custodial protocol quite than a standard change. It routes orders to liquidity suppliers on Solana and doesn’t maintain consumer funds or run the markets itself. Traders preserve positions in their very own wallets as tokens till they select to money out.
Settlement runs by Chainlink Data Streams and its runtime surroundings, which feed costs and resolve outcomes with restricted human involvement. Winning positions redeem routinely in CASH, a Solana stablecoin.
At launch, World lists short-duration Bitcoin (BTC) up-or-down contracts and markets on the 2026 FIFA World Cup. The debut lands as Solana runs sizzling.
Solana’s SOL token rose greater than 5% on the day and about 16% over the week, based on BeInCrypto information.
The group plans so as to add sports activities, politics, and macro markets by July.
World Replaces Kalshi within the Wallet
The launch is the general public reveal of infrastructure that has quietly run for weeks. Phantom supplied Kalshi-powered markets by a DFlow integration from December 2025. It then switched to World for all positions opened on or after June 1.
Under the outdated setup, merchants redeemed profitable positions themselves, whereas World settles them routinely as soon as an occasion ends.
That change issues as a result of Phantom reaches roughly 20 million customers, giving World fast distribution and not using a separate app. Kalshi, in the meantime, stays a formidable rival and is reportedly weighing a $40 billion valuation.
Before the reveal, the venture ran a stealth marketing campaign constructed round a glowing globe and the tagline “Trade Everything.” It even informed followers there was “no product.”
“Prediction markets are one of the vital highly effective functions you may construct on a high-performance blockchain. World is designed to indicate what Solana makes attainable: real-time markets, onchain settlement, and a consumer expertise that meets folks the place they’re,” Pedro Miranda, Head of Consumer on the Solana Foundation, stated within the launch announcement.
Follow us on X to get the most recent information because it occurs
Can World take on Polymarket and Kalshi?
The incumbents carry moats World has not constructed. Polymarket proved the mannequin in 2024, when greater than $3 billion traded on its US presidential market. It has since expanded onto Solana by a February integration with Jupiter, contesting the identical turf World now claims.
Their regulatory paths diverge sharply. Kalshi is a US-regulated change that beat the CFTC in court in 2024 to listing election contracts. Polymarket took the alternative route, paying a $1.4 million CFTC penalty in 2022 that pressured it offshore for years.
World sidesteps each, operating as a permissionless onchain protocol with no license and no gatekeeper.
That freedom cuts two methods. The non-custodial mannequin removes intermediaries, nevertheless it additionally forgoes the oversight and protections that anchor a regulated venue like Kalshi.
World has not printed quantity or liquidity figures, so its buying and selling energy stays unproven. Prediction markets reward deep books, which produce tighter spreads and steadier pricing. Distribution can pull in customers quick, however that form of depth takes time to construct.
Sector momentum nonetheless helps, with prediction market open interest hitting a document $1.48 billion in June.
An unaffiliated memecoin utilizing the World identify sparked hypothesis on Pump.enjoyable, although the group confirmed there is no such thing as a hyperlink to it.
World’s case rests on distribution and prompt onchain settlement, not confirmed scale. The World Cup turns into the primary actual take a look at of whether or not embedded entry inside Phantom turns into lasting liquidity.
The publish Solana Prediction Market World Goes Live: Can It Take on Polymarket and Kalshi? appeared first on BeInCrypto.