Guilleme vs Alvarez: Coinbase Prediction Market Sees $473K Invested
The prediction market on Coinbase focused on a high-stakes match between Guilleme and Alvarez. The final outcome was a key statistic, as traders had placed bets on the result. According to the data, there was significant interest in this market, with a total of $473K invested.
The market closed on July 23, 2026, at 9:20 PM GMT+0. However, if the event occurred before that date, the market would have expired immediately. The trading prohibitions for this market included restrictions for current and former players, coaches, staff, paid employees of the league and participants, owners of teams and the league, and household members and immediate family.
The prediction market allowed traders to buy 'Yes' or 'No' contracts on the outcome of the event. The price reflected the market's odds, with $0.65 indicating a 65% chance. Traders could earn $1 minus what they paid (minus fees) if their bet was correct.
Fees varied by market and were shown in the trade preview before placing an order. Trading was available 24/7, except during weekly maintenance windows. The prediction market used regulated 'Yes/No' contracts on outcomes in various categories, including sports, entertainment, technology, and science.