Coinbase Launches Prediction Market for HYPE Price in 2026

Coinbase has introduced a prediction market for the price of HYPE on October 6, 2026, at 5pm EDT. This market allows traders to bet on whether the event will occur, with contracts priced based on the market’s odds. For example, a price of $0.65 indicates a 65% chance the event will happen. Traders can buy “Yes” if they believe it will occur or “No” if they think it won’t. If correct, they earn $1 per contract minus what they paid, minus fees.

The market will close and expire when the outcome is determined or by October 6, 2026, at 9:00 PM GMT+0, whichever comes first. Certain individuals, such as those employed by Source Agencies or with material non-public information, are prohibited from trading this contract. Settlement is based on an independent, regulated exchange using a specified “source of truth” to confirm the result.

To participate, users need a Coinbase account and must complete onboarding for Coinbase Financial Markets (CFM), including identity verification and income/net worth details. Once approved, they can trade using cash (USD and USDC) from their main Coinbase account. Fees vary by market and are shown before placing an order. Payouts occur after settlement, though delays may happen due to bank holidays, weekends, or confirmation processes.