TLDR ADI Predictstreet’s blockchain generates about $7,248 in daily fees, despite a token valuation of $6.9 billion. The network’s total value locked sits at roughly $4.14 million, far behind rivals like Kalshi and Polymarket. Trades on ADI Chain settle in USDC.e, a stablecoin built by a rival company, not ADI’s own dirham-pegged coin. A three-key wallet controls upgrades to the network, but the people behind it and the rules they follow are not public. In regulated markets such as the UK, ADI sends customers to a partner exchange called Matchbook instead of using its own blockchain.
ADI Predictstreet became a partner of the FIFA World Cup this summer. The company built its pitch around ADI Chain, a blockchain it calls institutional grade. But the numbers on that chain tell a different story than the marketing.
A source told Gambling Insider in July that the platform handled about 126,000 trades over its first 18 days. That figure is a count, not a dollar value. The actual worth of those trades was never shared publicly.
What The Trades Are Actually Worth
Trade sizes visible on the blockchain give a clue. A random check found trades ranging from about $4 to $35 each. That puts the 18-day total somewhere between $1 million and $4 million.
That estimate lines up with other public data. The chain’s total value locked was about $4.14 million in mid-August. Daily fees sat at $7,248.
For comparison, Kalshi’s World Cup winner market alone processed about $1 billion. Polymarket’s version of the same market handled close to $4 billion.
Most of the daily trades on ADI Chain come from the platform’s own automated order-matching system. This means the trade count does not equal thousands of individual bettors.
Order sizes are small. One trade on August 19 moved