Coinbase Adds Prediction Markets for Events

A new type of market has been added to Coinbase, one that allows users to trade contracts on future events. The prediction markets let users buy 'Yes' or 'No' contracts based on their predictions for a specific outcome.

The first event listed in this new category is the upcoming Wisconsin vs Notre Dame game, with a total points market available for trading.

The rules of the market are clear: the contract will close and expire when an outcome occurs, or it will automatically close on September 7, 2026. The interest in the contract has been substantial, with over $4 million invested so far.