Coinbase Prediction Market Expired for Miguel vs Mena
The prediction market on Coinbase allows users to trade contracts on future events, with each contract paying $1 if the event happens and $0 if it does not. The price of a contract reflects the market's odds, with $0.65 indicating a 65% chance of occurrence.
A recent example is the Miguel vs Mena market, which expired on September 30, 2026, with an interest of $1,938,749.92 and a total value of $2.7M. The timeline for this market closed when an outcome occurred or by its predetermined expiration date.
Traders are prohibited from participating in this contract if they have material non-public information on the underlying event, including current players, coaches, and staff of the league governing the event.