Coinbase Prediction Market Contract Expiration: Hong vs Shiraishi
On Coinbase's prediction markets, a contract has closed related to the Hong vs Shiraishi event. The final outcome of this event has not been determined, but the market has expired according to its rules. As of the source date, the contract had $312K in total interest and a payout of $187,070.30.
The market was set to expire on September 11, 2026, at 4:25 AM GMT+0. However, it closed earlier when the outcome occurred, as per its rules. This type of contract allows users to trade based on their predictions for future events, with a payout of $1 if the event happens and $0 if it does not.
The terms of the contract prohibited certain individuals from trading, including current and former players, coaches, and staff of the governing league or organization. Additionally, paid employees of the league and its participants were also restricted from trading. This type of prohibition aims to prevent inside information from influencing market prices.