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Coinbase Launches Copper Price Prediction Market with $6.70473 Target

Guavy AI Editorial Team
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Coinbase has introduced a new market for predicting future events, including the price of Copper. The contract is set to expire on September 7, 2026, and has a target price of $6.70473. The current interest in this contract stands at $16,302.36 USD, with a total value of $80,000 USD.

The market allows users to buy 'Yes' or 'No' contracts on whether the event will occur. If the event happens, each correct contract is settled at 1 dollar, and each incorrect one is settled at 0 dollars. The payout is based solely on a declared 'source of truth,' such as official data or market prices.

Trading fees apply to this market, covering operational costs and brokerage commissions. Trading is available 24/7, except during the weekly maintenance period from Thursday 3:00 PM to 5:00 PM EST.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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