Coinbase Prediction Market Closes After Varillas vs Seyboth Wild Outcome
A prediction market on Coinbase has closed and expired after an outcome occurred. The Varillas vs Seyboth Wild contract, which was set to expire on September 11, 2026, had a total value of $4.1M and accumulated interest of $2,207,721.96.
The contract allowed users to trade 'Yes' or 'No' on the outcome, with prices reflecting the market's odds. For example, if the price was $0.65, it meant there was a 65% chance of the event happening.
Users who bought 'Yes' contracts would earn $1 per contract if the event occurred, minus what they paid and fees. Conversely, those who bought 'No' contracts would earn $1 per contract if the event did not happen.