Crypto.com's standalone, sports-first prediction market — CFTC-regulated via CDNA, with native parlays, a social trading layer, and a flat $0.02/contract fee. Here's how it actually stacks up.
Regulation
CFTC DCM+DCO
Launch
Feb 2026
Trading Fee
$0.02/contract
Available
48 states + DC
OG is one of the most credible new entrants in U.S. prediction markets — CFTC-regulated through CDNA (a DCM/DCO that has been registered since 2004), backed by Crypto.com's compliance and payments infrastructure, and built around a polished, sports-first mobile experience with native parlays and a real social trading layer. The flat $0.02/contract fee is predictable, and the deposit menu is broader than most regulated competitors.
The honest trade-offs: OG only launched in February 2026, so liquidity is thinner than Kalshi or Polymarket on niche markets, order-book depth isn't displayed, and limit orders weren't available at launch (status varies by source mid-2026). The promised margin/leverage feature is still pending CFTC certification. Founding CEO Nick Lundgren resigned about ten weeks after launch and several state AGs have active disputes with Crypto.com. If you want a sports-led prediction app with regulated rails and don't mind a younger platform, OG is a strong pick — especially if you're already in the Crypto.com ecosystem.
CFTC-Regulated via CDNA
Operated by Crypto.com | Derivatives North America, a CFTC-registered Designated Contract Market and Derivatives Clearing Organization. Customer funds are held at regulated U.S. banking institutions, not in crypto wallets or offshore accounts.
Newer Platform, Thinner Liquidity
Launched February 2026. Marquee events have stable pricing, but niche markets, props, and non-sports categories can be volatile. Order-book depth isn't surfaced on individual markets, making it harder to gauge available liquidity.
Flat, Predictable $0.02 Fee
$0.02 per contract to open, $0.02 to close early, and $0 on settlement. Maximum round-trip cost is $0.04 per contract — easy to model regardless of price.
No Limit Orders at Launch
Market orders only at launch; one mid-May 2026 review claims limit orders are now available, but other sources still report no limit orders. Verify in-app before trading size.
Native Parlays
OG and Kalshi are the only major U.S. prediction markets to offer native parlays. OG's Parlay Hub even suggests compatible Yes/No combinations. Capped at 4 legs, pre-match, team-level markets only at launch.
Margin Not Live Yet
OG announced it would be the first prediction market to offer margin trading via Crypto.com's licensed FCM, but as of mid-2026 the feature is pending CFTC certification and not yet available to users.
Real Social Trading Layer
Live chat on every event page, leaderboards by volume / net profit / win rate, and posting/commenting. Closer to a social product than any other regulated U.S. prediction market.
State Restrictions
Not available in New York or Arizona. Sports contracts specifically are blocked in Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, and Ohio (other categories remain available in those states).
Broad Deposit Methods
ACH, instant bank (Plaid), wire, debit card, Apple Pay, Google Pay, PayPal, and Venmo. ACH/Plaid/wire are free; cards and wallets are 1.49–1.99%.
Withdrawals: ACH Only
Only ACH bank withdrawals are supported — no card, crypto, or wallet withdrawal options. First withdrawal is subject to a 1–3 business-day manual review.
Sharp-Friendly Policy
OG explicitly states it will not ban winning users — addressing a chronic sportsbook complaint. Position limits run up to 2.5M contracts on $1 markets.
Leadership Turnover & Active State Disputes
Founding CEO Nick Lundgren resigned about ten weeks after launch (April 16, 2026); long-time Crypto.com CMO Steven Kalifowitz departure was announced for June 30, 2026. Several state AGs have active disputes or cease-and-desist actions against Crypto.com / CDNA, including Nevada, New Jersey, Arizona, Illinois, Maryland, and Wisconsin.
See how OG stacks up
OG is a standalone, mobile-first prediction market spun out of Crypto.com's existing prediction-market business and launched on February 3, 2026, five days before Super Bowl LX. The product brand is OG (sometimes "OG.com" or "Crypto.com OG"); the legal exchange behind it is Crypto.com | Derivatives North America (CDNA), an affiliate of Crypto.com.
CDNA has been CFTC-registered since 2004 — the DCM and DCO registrations carried over when Crypto.com acquired what was then Nadex / Small Exchange in 2022, described at the time as the largest acquisition in crypto industry history. In December 2024, CDNA launched the first CFTC-regulated sports event contracts in the U.S. OG is the consumer-facing app built on top of that exchange.
Each contract trades between $0.01 and $0.99 and settles at $1.00 (win) or $0 (loss). You can sell positions before settlement at the current market price, similar to a cash-out. Settlement is in USD, not crypto.
Regulatory Note
OG's standard customer disclosure reads: "Prediction is an event contract that is a derivatives product offered by Crypto.com | Derivatives North America (CDNA), a CFTC-regulated exchange through OG technology." Crypto.com has publicly described CDNA as the second-largest U.S. prediction market DCM by volume during 2025–early 2026.
Ready to try OG?
Sign up, complete KYC, and fund via free ACH or instant bank transfer to start trading event contracts.
6 active categories — sports-led
OG is the most sports-forward of the major CFTC-regulated prediction markets. Sports drive the headline volume, but the platform also covers politics, economics, crypto, companies/indices, and culture. Non-sports categories are noticeably thinner than Kalshi's or Polymarket's menus.
Sports market types
Moneyline (winner), point spread, totals (over/under), player props, and futures. Overtime counts in resolutions for most sports; soccer is 90 minutes + stoppage time only unless otherwise specified.
Position limits
Up to 2,500,000 contracts per position on $1 markets, or 250,000 contracts on $10 markets. Trading hours are 24/7 except Saturday 4:00–5:00 AM ET maintenance.
Flat-rate, predictable pricing
OG's fee model is the simplest in the regulated U.S. prediction-market space: a flat $0.02 per contract to open, the same $0.02 to close early if you sell before settlement, and $0 if you hold to expiry (win or loss). Maximum round-trip cost is $0.04 per contract. Maker fee is 0%.
Open / Close
$0.02
per contract, each side
Settlement Fee
$0
if held to expiry
Maker Fee
0%
no maker rebate, no maker cost
In plain English
A contract priced at $0.50 with a $0.02 fee is effectively a 4% one-way cost. At $0.10 (a longshot), $0.02 is a 20% one-way cost — proportionally expensive at price extremes. Kalshi's formula-based fee is cheaper near $0.10 and $0.90; OG's flat fee is cheaper near $0.50.
Hidden Cost: The Spread
Because OG doesn't surface order-book depth on individual markets, spread is harder to evaluate than on platforms that do. On thinner markets, the bid-ask spread can outweigh the $0.02 posted fee — check the spread before sizing up.
Broad deposit menu, ACH-only withdrawals
OG supports one of the broadest deposit menus in regulated U.S. prediction markets. Withdrawals are ACH only.
Min $1; up to $1M/day and $10M/month.
Min $20; up to $10K/day and $25K/month.
Min $1,000; up to $1M/day and $10M/month.
Visa / Mastercard / Maestro; min $10, ~$1K/day cap.
Min $10; daily caps vary by user.
Min $10; daily caps vary by user.
Withdrawal limits
ACH only. $1 minimum. Daily cap of $100,000 and/or 5 withdrawals; monthly cap of $500,000 and/or 30 withdrawals. Crypto.com Prime tier raises the daily cap to up to $1,000,000.
First withdrawal timing
First withdrawal is subject to manual review and typically takes 1–3 business days. Subsequent ACH withdrawals process within minutes to 1–3 business days depending on banking flow.
Withdrawal Method Reality Check
Even though OG accepts cards, PayPal, Venmo, and wires for deposits, the only way money leaves the platform is via ACH bank transfer. If you need fast non-bank cash-out, OG isn't the right platform today.
48 states + DC, with sports carve-outs
OG operates federally under CFTC oversight, but several states have moved to restrict prediction markets — especially sports event contracts.
No trading at all for residents of:
Sports event contracts not available, but other categories (politics, economics, financials, culture) remain available:
Nevada nuance: the sports-contract block followed an October 2025 court ruling against Crypto.com; CDNA agreed to halt sports event-contract activity in Nevada pending appeal. New York nuance: NY residents cannot trade at all, and NY AG Letitia James issued a public warning about prediction-market consumer-protection risks on the same day OG launched (Feb 3, 2026). Minimum trading age across all states is 18+.
Where OG stands apart
OG is the most social regulated prediction market in the U.S. The community layer is a real product, not an afterthought.
Real-time discussion on every event page, with a live stream of trading activity during in-progress events.
Traders ranked by total trading volume, net profit, and win rate.
Users can post their own takes and comment on others — a closer-to-social-network feel than competitors.
Suggests compatible Yes/No combinations for multi-leg parlays. Up to 4 legs, pre-match, team-level markets only.
OG explicitly states sharps, VIPs, and analytical thinkers are welcome and winners won't be banned — a direct shot at traditional sportsbook practice.
Native iOS (~4.2–4.3 ★) and Android (~4.0–4.1 ★) apps plus mobile web and desktop. Existing Crypto.com users can sign in with their existing credentials.
Beyond the OG consumer app, Crypto.com / CDNA powers prediction markets for several third-party platforms. This makes CDNA one of the most important institutional rails in regulated U.S. event contracts.
Sports event contracts in 16 states, powered by Crypto.com as the backend exchange.
First social-media-platform integration of event contracts.
Entertainment event contracts via the Crypto.com exchange.
Fan-led prediction market app powered by CDNA — strategic partnership with Crypto.com.
FanDuel adds OG/Crypto.com as a second contract source alongside CME.
Routes some contracts via Crypto.com while transitioning toward its own Railbird exchange (DKeX).
Status as of mid-2026
On launch day (February 3, 2026), OG announced it would be the first prediction market to offer margin trading on event contracts, delivered through Crypto.com's federally licensed Futures Commission Merchant (FCM). It was positioned as a major differentiator vs. Kalshi and Polymarket, both of which require fully collateralized positions.
Status: Pending CFTC certification
As of May 2026, the feature has not yet launched. Multiple reviews confirm margin/leverage trading on OG is pending CFTC certification. Treat it as planned, not available, until OG announces a live launch. All positions today are fully collateralized.
CFTC regulation, fund segregation, and Crypto.com's compliance track record are OG's biggest trust advantages. There are still meaningful edge cases — especially around state litigation and leadership turnover.
CDNA has been CFTC-registered as a DCM and DCO since 2004. All OG contracts are federally regulated event contracts. CDNA also launched the first CFTC-regulated sports event contracts in the U.S. in December 2024.
OG says it holds customer funds and processes transactions through regulated U.S. banking institutions only — not in crypto wallets or offshore accounts. Settlement is in USD. Full KYC/AML is required for all accounts.
Several state AGs have cease-and-desist actions or lawsuits involving Crypto.com / CDNA — including Nevada, New Jersey, Arizona, Illinois, and Maryland. In April 2026, Wisconsin AG Josh Kaul sued prediction-market operators (including Crypto.com) alleging that "event contracts" are a "fig leaf" for illegal sports betting. The CFTC has been counter-suing states to assert exclusive jurisdiction.
Founding CEO Nick Lundgren — who also served as Crypto.com's Chief Legal Officer — resigned on April 16, 2026, about ten weeks after launch, and subsequently joined Underdog as CLO. Long-time Crypto.com CMO Steven Kalifowitz's departure was announced for June 30, 2026. The current OG CEO has not been publicly named in the sources we reviewed; Crypto.com CEO Kris Marszalek and CBO Joe Anzures remain the public-facing executives on prediction-market partnerships.
Reviews note OG offers fewer self-exclusion, deposit-limit, and time-limit controls than some competing gambling or trading platforms. Account deactivation is available. If you need strict built-in guardrails, factor this in.
How it stacks up against competitors
Side-by-side comparison of key platform features and trade-offs.
Find your fit
OG is the most sports-focused regulated U.S. prediction market — NFL, NBA, MLB, NHL, soccer, UFC, and more.
Native parlays with a Parlay Hub. Among CFTC-regulated platforms, only OG and Kalshi offer this.
OG explicitly says winners and sharps won't be banned — addressing a chronic sportsbook complaint.
Sign in with your existing Crypto.com credentials. Familiar payments, KYC, and ecosystem.
Live chat on every event page, leaderboards, and posting make OG feel like a network, not just an exchange.
Market orders only at launch. Limit-order availability is inconsistent across mid-2026 sources — verify before sizing up.
OG doesn't surface order-book depth or volume on individual markets, making liquidity hard to read.
Non-sports categories are noticeably thinner than Kalshi or Polymarket. Some economic markets were tagged 'coming soon' at launch.
OG is not available in NY or AZ at all. Several other states (IL, MD, MA, MI, NV, NJ, OH) block sports-specific contracts.
Margin trading is announced but not live. If you want leverage now, OG isn't the platform yet.
OG is the most credible new entrant in U.S. prediction markets — regulated, well-funded, sports-led, and genuinely social.
The flat $0.02 fee is simple, the deposit menu is broad, and native parlays plus the social layer are real differentiators. The honest caveats: it's a 5-month-old platform, liquidity is thinner outside marquee events, order-book depth isn't visible, margin isn't live yet, and leadership turnover plus active state-level disputes are real risk factors. If you're sports-led and already in the Crypto.com ecosystem, it's an easy try.
78
Trust Score
Strength
CFTC DCM+DCO, segregated funds
Trade-off
New, thinner liquidity, no margin yet
Best For
Sports + parlays, social traders
Try OG yourself
Sign up, complete KYC, and fund with free ACH or instant bank transfer to start trading event contracts. Verify state availability for your residence first.
Last updated: June 2026. This overview is for informational purposes only and does not constitute financial advice. Some links on this page are affiliate links — we may earn a commission if you sign up via our referral, at no cost to you.
6 common questions answered
Continue exploring
