Coinbase Prediction Market for Costa Rica vs Haiti Soccer Match Closes with $6.6 Million in Trades

Coinbase has launched a prediction market for the outcome of a soccer match between Costa Rica and Haiti. The market, which closed on October 5, 2026, saw a total trading volume of $6.6 million with an interest of $4,617,113.04. Participants could trade contracts predicting the final outcome of the match, with each contract paying $1 if the event occurred and $0 if it did not. The price of the contracts reflected the market's odds, allowing traders to bet on the likelihood of Costa Rica winning.

Coinbase's prediction markets operate under strict rules to ensure fairness and transparency. Trading was prohibited for individuals with direct ties to the teams or event organizers, including players, coaches, staff, and their immediate family members. Additionally, persons with material, non-public information were barred from trading. The market's outcome was determined by an independent, regulated exchange using a stated "source of truth," such as official data or trusted news sources.

Participants needed a Coinbase account and had to complete onboarding to Coinbase Financial Markets (CFM), the regulated derivatives entity. This process included identity verification and providing basic income/net worth details. Traders could use cash (USD and USDC) from their main Coinbase account to trade, with funds transferred to their derivatives account for positions. Payouts were made after settlement, though delays could occur due to bank holidays, weekends, or confirmation by an independent third party.

Coinbase emphasizes that prediction markets involve substantial risk and may result in the loss of the entire investment. The platform is not responsible for errors or delays in content and does not provide investment advice. All information is provided for informational purposes only, and past performance is not a reliable indicator of future results.