Coinbase Prediction Market Justo vs Comesana Closes After Three Years
Coinbase has introduced a new prediction market called "Justo vs Comesana," where traders can bet on the outcome of a specific event. The market closed on October 6, 2026, with a total interest of $4,081,237.42 and a total trading volume of $11 million. The market allowed traders to buy "Yes" or "No" contracts, predicting whether the event would occur. If the event happened, "Yes" contracts paid out $1 each, while "No" contracts paid out $0, and vice versa.
The market had clear rules to ensure fairness, including trading prohibitions for individuals with conflicts of interest, such as current players, coaches, staff, paid employees, and owners of teams involved in the event. The settlement was based on an independent, regulated exchange using a stated "source of truth" to determine the result. Payouts were made after settlement, with potential delays on weekends, bank holidays, or outside banking hours.
Traders needed a Coinbase account and had to complete onboarding to Coinbase Financial Markets (CFM), including identity verification and basic income/net worth details. Fees varied by market and were shown in the trade preview before placing an order. The market was available for trading 24/7, except during weekly maintenance windows.
Coinbase emphasized that prediction markets involve substantial risk and may result in the loss of entire investments. The platform is not liable for any errors or delays in content, and the information provided is for informational purposes only, not investment advice.