Why Chinese-speaking users may need a local prediction market, and how yoyo market is trying to fill Asia’s gap
BlockTempo argues that prediction markets have already proven their value in the West, but the sector still lacks a platform built around the interests and access conditions of Asian users. The report points to Polymarket and Kalshi as the two dominant names in the market, yet says both remain centered on U.S. topics, U.S. regulation, and U.S.-based users. For Chinese-speaking participants, that leaves a gap in both relevance and accessibility. The article frames prediction markets as tools that turn prices into probability signals. It cites a16z economist Scott Duke Kominers’ description of them as “probability sensors,” and says the model can outperform traditional polling by updating in real time, rewarding participants who research deeply, and supporting niche topics. It also highlights the sector’s recent growth, including an estimated $24 billion in monthly industry volume in April 2026 and long-term projections of $1 trillion by 2030 from Bernstein and Eilers & Krejcik. Against that backdrop, yoyo market is presented as a platform designed for Asia-Pacific users. According to the report, the company was founded in 2025, recently opened a Hong Kong branch, and is backed by Longling Capital, Impa Ventures, and Hermitage Capital. Its pitch rests on three points: markets tailored to local interests such as East Asian sports, K-pop, weather and regional events; a simpler mobile-first interface; and a compliance strategy that avoids elections, politics, and military conflict while the company seeks a CFTC license.








