Pred Launches Peer-to-Peer Sports Trading Exchange on Base Blockchain for 2026 FIFA World Cup

June 5, 2026
Pred Launches Peer-to-Peer Sports Trading Exchange on Base Blockchain for 2026 FIFA World Cup
  • 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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