Coinbase Prediction Market for Pittsburgh vs Philadelphia Expired

The prediction market for the outcome of a future event between Pittsburgh and Philadelphia, hosted on Coinbase's platform, has expired. The market, which was set to expire on October 1, 2026, was closed when an outcome occurred. The total amount of interest in the market was $1,228,035.96, and the total value of the contracts was $1.6 million. According to the terms of the market, trading was prohibited for current players, coaches, and staff of the league, as well as owners of teams and the league, and their household members and immediate family. The market was regulated by Coinbase Financial Markets, a registered futures commission merchant with the Commodity Futures Trading Commission. Trading prediction contracts involves substantial risk and may result in the loss of the entire investment. The market was settled when an independent, regulated exchange determined the result using a stated 'source of truth.' The payout for each contract was $1 if the event happened and $0 if it did not. Payouts were then made to traders, with any profit being the payout minus what was originally paid, minus any fees. The settlement process may be delayed on U.S. bank holidays, weekends, or outside banking hours, or while an independent third party confirms the result. Fees for trading prediction markets vary by market and are shown in the trade preview before placing an order. Trading is available 24/7, except during the weekly maintenance window from Thursday 3:00-5:00 am ET, when trading is paused.