Crypto
Coinbase Prediction Market Sets Target Price for Upcoming ETH Event
A prediction market on Coinbase Financial Markets (CFM) is offering contracts for an upcoming ETH event. The market has set a target price of $2,417.94 and will expire on September 2, 2026. According to the market's rules, the final outcome will be determined by an independent exchange using official data or trusted news sources as its 'source of truth.' If the event occurs, each contract will pay out $1, while incorrect contracts will settle at $0.
Traders can participate in the prediction market with a Coinbase account and must complete onboarding to CFM. The market has a fee structure that varies by market, and traders should be aware of the risks involved, as trading prediction contracts can result in substantial losses.
The market's rules prohibit certain individuals from trading, including those employed by Source Agencies or who hold material non-public information on the underlying asset.
Traders can participate in the prediction market with a Coinbase account and must complete onboarding to CFM. The market has a fee structure that varies by market, and traders should be aware of the risks involved, as trading prediction contracts can result in substantial losses.
The market's rules prohibit certain individuals from trading, including those employed by Source Agencies or who hold material non-public information on the underlying asset.