ProphetX Prediction Markets Now Available Throughout U.S.

• ProphetX today announced the launch of its prediction market contracts throughout the U.S.
• The launch comes just one week after ProphetX received its DCM and DCO approval from the Commodity Futures Trading Commission
• ProphetX touts itself as the first federally regulated sports-native prediction market

ProphetX prediction market contracts are now available throughout the U.S., just one week after receiving approval from the Commodity Futures Trading Commission to do so.

ProphetX, which touts itself as America’s first federally regulated sports-native prediction market, today announced the nationwide launch of its sports event contract platform. The Commodity Futures Trading Commission (CFTC) approved ProphetX’s applications on June 11 to register as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO).

“At one of the most exciting moments in the sports calendar, ProphetX is now available nationwide for more American sports fans to trade on our faster, transparent, and fully regulated exchange where the market sets the price — not the house,” ProphetX CEO and Co-Founder Dean Sisun said in a company press release. “ProphetX puts customers first, delivering deeply liquid, competitively priced markets and the best user experience in the sports prediction market space.”

First Sports-Native Direct-Clearing Prediction Market

ProphetX submitted applications to the CFTC in November 2025. It also submitted a comment letter responding to the CFTC’s Advance Notice of Proposed Rulemaking on prediction markets in April 2026.

By obtaining dual registration as a DCM and DCO, ProphetX will operate a vertically integrated marketplace that allows users to directly trade, clear, and settle event-based contracts under CFTC regulations.

ProphetX also noted its regulated market structure includes a proprietary request for quote parlay mechanism, which will allow users to construct and price multi-event combinations.

“This week marked a major milestone for the ProphetX team. After 8+ years of late nights and regulatory grinds, Jake and I could not be more excited to bring the future of sports predictions nationwide. There is a lot of work left to do, but this is a huge win for the good guys. We know sports, and we are here to stay,” Sisun said today on X.

True Peer-to-Peer

The company now finds itself approved to operate in a busy prediction market landscape which is currently dominated by the likes of Kalshi and Polymarket.

“Unlike sportsbooks, which are single-dealer models designed to profit when consumers lose, ProphetX is a true peer-to-peer exchange where users set their own prices, trade directly against one another, and pay a thin, transparent commission. ProphetX’s regulated market structure includes a proprietary Request for Quote (RFQ) Parlay Mechanism, which enables users to construct and price multi-event combinations directly with counterparties. The mechanism mirrors institutional trading protocols used in traditional financial markets, delivering flexibility, transparency and competitive pricing to event-based contracts,” the company reported in a press release.

ProphetX began in the United Kingdom in 2018 where it was licensed as a peer-to-peer marketplace for sports event trading.