Pred Launches Peer-to-Peer Sports Trading Exchange on Base Blockchain for 2026 FIFA World Cup
June 5, 2026
CEO Amit Mahensaria argues that Pred’s model reduces exploitative pricing and liquidity issues seen in traditional sportsbooks by relying on independent traders and market-driven liquidity rather than a house taking the other side.
In the beta phase, Pred attracted over 300 users who executed more than 100,000 trades on soccer markets, with 86% of users remaining active week over week and 83% making repeat deposits.
Context notes include authorship and publication platform, but the snippet does not deeply elaborate product features, user demographics, or the competitive landscape.
Mahensaria emphasizes that the decentralized design addresses trust gaps and pricing problems, enabling real-time re-pricing and uninterrupted participation.
Related links and topics frame Pred within Web3, prediction markets, sports betting, and broader thematic context rather than a detailed case study.
Pred operates as a true peer-to-peer exchange, avoiding the platform taking the opposite side of trades and relying on liquidity providers to sustain thinner markets.
Pred publicly launched its peer-to-peer sports trading exchange on the Base blockchain in time for the 2026 FIFA World Cup opening match, after an eight-week private beta that generated $5 million in notional volume.
At the World Cup launch, Pred showcased strong early traction: 86% retention and $5 million in revenue across the eight-week beta.
Pred operates with on-chain, USDC-denominated trades, offering a 200-millisecond settlement and roughly three-minute market resolution, with all funds staying in users’ wallets and the order book visible to participants.
The platform claims 200-millisecond on-chain settlement for USDC trades and three-minute market resolution, with all positions settled on-chain and liquidity visibility maintained.
The story positions Pred within the Web3/prediction markets and sports betting ecosystem as a crypto-backed, on-chain platform.
Rapid user retention and monetization are highlighted as core metrics of the initial launch.
Summary based on 3 sources
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Hackernoon logo • Jun 4, 2026
86% Retention, $5M in 8 Weeks: Pred Just Opened Its Sports Exchange for the World Cup
Bitcoin News • Jun 4, 2026
Pred Opens to Public as $5M Beta Volume Fuels World Cup Sports Trading Push
CryptoNews • Jun 5, 2026
Pred Opens to Public as $5M Beta Volume Fuels World Cup Sports Trading Push