New Orleans Heatwave Prediction Market Now Open on Coinbase
The city of New Orleans is experiencing an unusual heatwave, with consecutive days of average temperature above 90°F for a week. The Coinbase prediction market has opened up on this event, allowing users to bet on whether the heatwave will continue or not.
The market, which expires on September 14, 2026, has no volume detected yet, making it an opportunity for early traders to get in on the action. The payout is $333 per contract if the event occurs, and trading fees apply as usual.
Users need a Coinbase account and must complete onboarding to Coinbase Financial Markets (CFM) to participate in this market. This includes identity verification and basic income/net worth details. Once approved, users can fund their accounts and start trading with cash held in USD or USDC.