Crypto.com Launches OG as Standalone Prediction Market App in Time for Super Bowl
Alex Smith
8 hours ago
Crypto.com launched OG today, a dedicated prediction markets platform spun off from its main app, marking another escalation in the race to capture the rising demand for event contract trading in the U.S. The timing is intentional: Super Bowl LX between the Seattle Seahawks and New England Patriots kicks off February 8, and itâs the biggest betting event of the year.
OG prediction market app is powered by Crypto.com | Derivatives North America (CDNA), the CFTC-registered exchange Crypto.com acquired in 2022 in what was then the largest acquisition in crypto industry history. The company claims 40x weekly growth in its prediction markets business over the past six months, prompting the decision to build a standalone platform rather than keeping event contracts as a feature within the main Crypto.com app.
âWe pioneered the first ever federally regulated Sports Prediction Market platform back in 2024 and are doubling down in this space by bringing OG to the masses,â said Nick Lundgren, who has been named CEO of OG while continuing as Crypto.comâs Chief Legal Officer. Lundgren led CDNAâs December 2024 launch of the nationâs first CFTC-regulated sports event contracts.
Available markets at OG prediction market app
OG launches with an extensive category lineup that rivals Kalshiâs breadth:
Sports: The Big Game (Super Bowl), Pro Football, Pro Basketball, College Basketball, Hockey, Golf, Baseball, F1, EPL, Serie A, Bundesliga, Ligue 1, Champions League, World Cup, Winter Olympics, and World Baseball Classic.
Non-Sports: Politics, Economics, Financials, Companies, Culture, Crypto, and Climate.
The platform prominently features Super Bowl markets at launch. Current pricing shows Seattle at 68% implied probability ($100 â $140 payout) against New England at 34% ($100 â $285). Big Game MVP markets are also live, with Sam Darnold leading at 44% implied odds. The site also offers parlays (notably, not following the âcombosâ terminology of other exchanges), game props, novelty props, scoring props, TD and defense props.
Novelty props include: Songs to be played at halftime, first song of halftime show, coin flip result, team to win coin flip, gatorade shower color, who will perform during halftime show, and length of national anthem.
What sets OG apart
Various features distinguish OG from competitors:
Margin Trading: OG plans to become the first U.S. prediction market to offer leverage. Once CFTC-certified, traders will access margin-based contracts through Crypto.comâs federally licensed futures commission merchant. This could fundamentally change position sizing and capital efficiency for serious traders.
No User Limits: OGâs homepage explicitly states âSharps, VIPs, analytical thinkers are all encouraged and winners wonât be banned.â This directly addresses a pain point from traditional sportsbooks, which routinely limit or ban profitable bettors. Whether OG can maintain this policy at scale remains to be seen. This is not unique to this prediction exchange, but itâs a key selling point for sports bettor crossovers.
Social Features: The platform includes leaderboards, trader following, and opinion sharing. The company is positioning OG as part trading venue, part social layer, borrowing from Polymarketâs community engagement playbook while adding gamification elements.
VIP Program: OG will leverage Crypto.comâs sports partnerships including Crypto.com Arena, UFC, Formula 1, and UEFA Champions League for exclusive experiences.
Parlays: OG introduces âparlayâ functionality, allowing traders to combine multiple event contracts. The company notes this is a âterm unique to OG wherein a Customer requests a trade composed of a combination of specified events.â At other exchanges like Kalshi, Polymarket and Robinhood, they call them âcombos.â
What new OG traders should know
Important information for new customers:
- Launch Bonus: First million users receive up to $500 in rewards.
- Sign-up Requirements: Full KYC including government ID, address verification, and banking information.
- Deposit Methods: USD via bank transfer or crypto conversion (350+ supported tokens through the Crypto.com ecosystem).
- Position Limits: 2.5 million contracts for $1-value markets; 250,000 for $10-value markets.
- Trading Hours: 24/7 except Saturday maintenance from 4:00-5:00 AM ET.Fee Structure
Fee breakdown
OG inherits CDNAâs fee structure, which varies by contract size:
Contract ValueExchange FeeTechnology FeeTotal FeeFee on Winning Settlement$1$0.01$0.01$0.02$0.02$10$0.10$0.10$0.20$0.10 (tech fee waived)The technology fee waiver on winning trades is a notable benefitâit effectively cuts your fee in half when youâre right. On 100 winning $10 contracts, thatâs $10 saved compared to losing trades.
For casual traders buying small positions, flat per-contract fees are predictable and the differences compared to other top exchanges are minimal. For high-volume traders, Polymarketâs 0.01% rate and Kalshiâs probability-weighted formula offer significant savings over OGâs flat structure.
Funding your account
OG accepts both fiat and crypto:
- USD: ACH bank transfer, wire transfer
- Crypto: Convert 350+ supported tokens to USD through the Crypto.com ecosystem
There are no deposit fees for bank transfers, though processing times vary. If youâre already a Crypto.com user, your existing wallet integrates directly.
Whatâs not available yet
- Margin trading: Announced but pending CFTC certification
- Volume data: Unlike Kalshi, you canât see trading volume or order book depth on individual markets at launch
- Financial and cultural markets: Listed as âcoming soonâ in some categories
State availability
OG operates in 49 states plus Washington, D.C. New York is excluded due to state regulatory requirements. Sports contracts may face additional restrictions in states that have issued cease-and-desist orders to CFTC-regulated platforms (including Nevada, New Jersey, and Connecticut).
Responsible trading features
OG includes deposit limits, deposit alerts, and self-exclusion options. Mental health services are provided through Kindbridge Behavioral Health. Unlike sportsbooks, prediction markets donât have standardized responsible gambling frameworks, so setting your own limits matters.
First look at OG.com
Testing OGâs web interface reveals a clean, mobile-first design that should feel familiar to DraftKings or FanDuel users. The homepage opens directly to markets rather than requiring account creation to browse. The markets are slick and the design is visually appealing.
Navigation: Horizontal category tabs (The Big Game, Trending, Pro Basketball, etc.) provide quick filtering. The UI avoids the overwhelming market lists that plague some competitors.
Market Display: Prices are shown as percentages with immediate payout calculations. A Seattle win at 68% displays â$100 â $142â directly on the card, removing mental math from the trading experience.
Regulatory Disclosure: A persistent footer reminds users that contracts are derivatives products offered by CDNA, a CFTC-regulated exchangeâa transparency requirement that reinforces OGâs regulated status.
Availability: OG operates in 49 states plus Washington D.C. (New York excluded due to state regulatory requirements).
The interface prioritizes simplicity over depth. Experienced traders may find the order book visibility and position management tools less sophisticated than Kalshiâs platform, but casual users will appreciate the reduced friction.
OG joins a crowded market
OG represents Crypto.comâs bet that prediction markets deserve dedicated infrastructure rather than app-feature treatment. The margin trading roadmap could differentiate OG among serious traders, while social features and VIP experiences target casual engagement.
The platform launches into a crowded field where fee compression and liquidity depth will determine winners. But interest in prediction markets trading is peaking, and the Super Bowl will provide an even greater boost for customer acquisition, especially in states without legal sports betting apps.
The post Crypto.com Launches OG as Standalone Prediction Market App in Time for Super Bowl appeared first on DeFi Rate.
Related Articles
Deadline Set to Resolve Stablecoin Dispute Holding Up Crypto Bill
CLARITY Act passage hinges on crypto companies and central banks aligning on sta...
Trading on Super Bowl Ad Predictions: What Could Go Wrong?
Super Bowl advertising markets are prone to information leaks. Don't get caught...
Prediction Markets Log Third $6B+ Week as Polymarket Surges Without NFL
Prediction markets set record volume for a 5th consecutive week as Polymarket cl...
Trump Taps Kevin Warsh for Fed Chair as Markets React
Warsh was trading at 31% to be the next Fed chair nominee before spiking Thursda...