Coinbase Users Bet on S&P Index Price on September 30, 2026
A prediction market on Coinbase allows users to trade contracts on future events, including the price of the S&P index on September 30, 2026. The market has a total value of $2 million and has been open for trading with an interest of over $1.5 million. The market will close and expire when an outcome occurs or by September 30, 2026, at 5:00 PM GMT+0. Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including crypto, economics, politics, sports, entertainment, technology, science, and more.
For the S&P index market, a 'Yes' contract pays $1 if the event happens (the price of the S&P index on September 30, 2026), and $0 if it does not. The price reflects the market's odds, with $0.65 meaning a 65% chance. Users can buy 'Yes' contracts if they think the event will happen or 'No' contracts if they do not.
When trading prediction markets on Coinbase, users need to have a Coinbase account and complete onboarding to Coinbase Financial Markets (CFM), which includes identity verification and basic income/net worth details. Trading fees apply, covering costs for operating the market and broker fees.