Pred Opens Public Access Ahead of FIFA World Cup Kickoff

• Pred is developing market depth around in-game events that are not carried by general prediction platforms.
• Through the use of an on-chain order book, traders are able to match their positions against one another.

Pred, a p2P sports trading exchange built on Base, allowed public access today after a private beta that held 86% of traders active week over week and brought in $5 million in notional volume through 300+ invited users.

More than 100k transactions were performed on soccer markets over the course of eight weeks, and 83 percent of those traders made further deposits.

Pred is a native exchange for sports that was developed to accommodate the rapid pace of live sports. Through the use of an on-chain order book, traders are able to match their positions against one another. Transactions are settled in a span of 200 milliseconds, and markets are resolved in a span of three minutes, rather than hours.

The native yield is always earned by deposits and positions, and positions are always resolved on the blockchain. Positions are priced in USDC.

The release arrives just in time for the first match of the 2026 FIFA World Cup, which will take place tomorrow. Pred is developing market depth around in-game events that are not carried by general prediction platforms. These include 15-minute markets that settle during the flow of play, 1UP and 2UP markets that close the instant a goal difference is attained, and live moneyline markets that provide the best pricing. There were many of them running in parallel during a normal Premier League match during the beta phase. The majority of prediction systems feature a few sub-markets for each match.

The flawed market structure and predatory pricing of sportsbooks are now favoring general-purpose prediction markets, which are already benefitting from these conditions. Nevertheless, they are not suited for live sports in any way, shape, or form, including user experience, speed, or market diversity. Trading in sports will be a vertically integrated activity, and since it is such a significant asset class, it requires its very own asset exchange.

The product going live today is Pred V2, rebuilt after more than 300 calls with beta users. Accel and Coinbase Ventures are the companies that are backing Pred.

Based on Base, Pred is a native sports prediction market that operates on a peer-to-peer basis. An open order book is used to match positions, and positions are settled at a fast speed on the blockchain. Positions are denominated in USDC.

Note that Pred does not do business in India, Singapore, the United States of America, or any other countries that are sanctioned by OFAC.