Coinbase Prediction Markets: Trading Future Events

Coinbase Financial Markets (CFM) allows users to trade regulated prediction markets, which involve betting on future events. The platform offers a range of market types, including those related to cryptocurrency prices.

One such contract recently expired, revealing the outcome and demonstrating how the process works. In this case, the contract asked whether the simple average of CF Benchmarks' BRTI before 1:30 AM EDT on March 20, 2026 was at least the same as the average before 1:15 AM EDT.

For each market, there are clear rules explaining how the outcome is determined. An independent exchange uses a stated 'source of truth,' such as official data or market prices, to determine the result. Settlement occurs when the event happens and contracts are converted to their final value.