Prophet Exchange
- Company typePrivate
- Founded-
- Headquarters—
- Headcount—
- GTM type—
- OfferingSoftware
Prophet Exchange firmographics
Firmographics- Name
- Prophet Exchange
- Legal name
- ProphetX, Inc.
- Website
- https://prophetexchange.com
- Company type
- Private
- Operating status
- Operating
- Ownership category
- akta.pro rank
Prophet Exchange industry classification
Industry- Product category
- Sports Prediction Exchange
- NAICS
- Securities and Commodity Exchanges (523210), Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Gambling Industries (7132)
- SIC
- Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Peer-to-Peer Financial/Spread Betting Exchanges (MPAEAIAC)
- akta.pro secondary industry
- Exchange Odds, Pricing, Trading Tools & APIs (MPAEAIAG)
Keywords
Prophet Exchange business model
Business model- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Transaction Fees on Winnings: 2% fee charged only on winning trades. No fees charged on losing positions. This is a transaction-based revenue model where the company earns from the spread/commission on matched trades between market participants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Retail Trader - Standard |
| Transaction based/ take rate | Pay-as-you-go | Market Maker - API Access |
| Transaction based/ take rate | Pay-as-you-go | Access Provider - Partner Program |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Prophet Exchange product offering
Product offeringCore offering
Prophet Exchange (operating as ProphetX) runs a peer-to-peer sports prediction market exchange where participants trade real-money event contracts on sporting outcomes including moneylines, spreads, totals, and player markets. The platform matches orders between market participants via an order book system, charges a 2% fee on winnings only, and is regulated by the CFTC as a Designated Contract Market and Derivatives Clearing Organization.
Product overview
Prophet Exchange operates ProphetX as a single unified platform — a peer-to-peer sports prediction market exchange. The core ProphetX platform enables participants to trade event contracts (moneylines, spreads, totals, player props) across major U.S. sports leagues (MLB, NBA, NFL, NHL, NCAA, Soccer, Tennis, Golf, UFC, F1). The platform is complemented by a Market Maker API program for institutional liquidity providers, an Access Provider affiliate program for traffic partners, an Academy educational resource, and Documentation for developers. Together, these form a complete exchange ecosystem with over 2.4 million live markets and 0.4-second average match time.
Differentiator
Problem solved
Functional benefit
Products and services
- ProphetX Sports Prediction Exchange Peer-to-peer sports prediction exchange platform where participants trade event contracts based on sports outcomes (moneylines, spreads, totals, player markets) across MLB, NBA, NFL, NHL, NCAA, soccer, tennis, golf, UFC, F1, and more. Trades are matched between market participants via an order book, with a 2% fee charged on winnings only.
- Market Maker API High-frequency API offering that enables professional market makers to provide liquidity to ProphetX prediction markets and trade with zero fees, designed for automated, high-frequency trading operations.
Quantifiable outcome
- 2.4M+ live markets available for trading
- +2 more outcomes
Companies that use Prophet Exchange
Customer profileSegments3 records
Ideal customer profiles2 records
Prophet Exchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Prophet Exchange partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
Prophet Exchange competitors and assessment
Company assessmentBroad incumbents
- DraftKings: Largest US sportsbook with massive user base and brand recognition. Overlaps with ProphetX on sports-betting demand but uses traditional house-edge model rather than peer-to-peer exchange.
- FanDuel: Leading US sportsbook competing for the same sports-betting wallet share. Competes on customer experience, brand, and promotions rather than exchange structure.
- Interactive Brokers: Multi-asset brokerage and exchange operating environment serving sophisticated retail and institutional traders. Comparable in serving exchange-traded product traders, though across asset classes.
- Betfair Exchange (Flutter): Original peer-to-peer sports betting exchange, now part of Flutter Entertainment. Provides the canonical exchange model that ProphetX is replicating for the US regulatory environment, with deeper liquidity and global scale.
Direct peers
- Kalshi: CFTC-regulated Designated Contract Market offering event contracts to retail users. Most directly comparable US-based prediction exchange competitor with similar regulatory positioning and peer-to-peer trading model.
- PredictIt: CFTC-licensed prediction market exchange for political and economic events. Shares the US-regulated exchange model and event-contract structure, though focused on non-sports markets.
- Smarkets: Peer-to-peer sports betting exchange with low-commission model and order book trading. Directly comparable exchange business model and customer base of sophisticated sports traders.
- Polymarket: Crypto-based prediction market exchange with peer-to-peer order matching on event outcomes. Comparable peer-to-peer model and product category, though operates on blockchain rails rather than a CFTC DCM.
Others
- Sportradar: Sports data and odds provider that supplies market data and trading infrastructure to sportsbooks and exchanges. Adjacent ecosystem participant that could be a supplier, partner, or competitor depending on vertical integration.
Emerging players
- Novig: US-based peer-to-peer sports prediction market. Comparable product offering targeting the same sports-trader customer segment, though at an earlier stage of scale and regulatory development.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Prophet Exchange social profiles
Digital presenceProphet Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prophet Exchange leadership team
Management profileNumber of profiles
Prophet Exchange funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prophet Exchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Prophet Exchange
What does Prophet Exchange do?
Prophet Exchange (operating as ProphetX) runs a peer-to-peer sports prediction market exchange where participants trade real-money event contracts on sporting outcomes including moneylines, spreads, totals, and player markets. The platform matches orders between market participants via an order book system, charges a 2% fee on winnings only, and is regulated by the CFTC as a Designated Contract Market and Derivatives Clearing Organization.
Is Prophet Exchange a public or private company?
Prophet Exchange is a private company. It is classified as unknown and is currently operating.
When was Prophet Exchange founded?
Prophet Exchange was founded in -1.
How does Prophet Exchange make money?
One revenue line is on record: transaction Fees on Winnings.
Who are Prophet Exchange's main competitors?
Broad incumbents on record are DraftKings, FanDuel, Interactive Brokers and Betfair Exchange (Flutter). Direct peers are Kalshi, PredictIt, Smarkets and Polymarket. Sportradar is listed as an others. Novig is listed as an emerging player.
Does Prophet Exchange have an API?
Yes. Prophet Exchange offers a high-frequency API for market makers to provide liquidity and trade with zero fees. The platform provides API references and detailed platform mechanics documentation. This is a partner-facing API for institutional market makers, not a public developer API.
What industry is Prophet Exchange in?
Prophet Exchange's product category is Sports Prediction Exchange. Its primary akta.pro industry code is MPAEAIAC, Peer-to-Peer Financial/Spread Betting Exchanges, with a secondary code of MPAEAIAG, Exchange Odds, Pricing, Trading Tools & APIs. Its NAICS code is 523210 and its SIC code is 6221.