--- title: "Pred Launches Sports Prediction Markets for FIFA World Cup" date: 2026-06-07 author: "Kelvin Scott" featured_image: "https://coinlaw.io/wp-content/uploads/2026/06/pred-launches-sports-prediction-markets-for-fifa-world-cup.jpg" categories: - name: "Fintech" url: "/fintech.md" tags: - name: "News" url: "/tag/news.md" --- # Pred Launches Sports Prediction Markets for FIFA World Cup Pred has opened public access to its sports prediction exchange ahead of the 2026 FIFA World Cup after recording nearly $5 million in trading volume during a private beta phase. ## Key Takeaways - Pred has launched public access to its sports prediction platform built on Base. - The platform processed nearly $5 million in beta trading volume across more than 100,000 trades. - Pred reported 86% weekly user retention and 83% repeat deposit rates during the private beta. - The launch introduces specialized FIFA World Cup prediction markets designed for live sports trading. ## What Happened? Pred, a **peer-to-peer sports prediction exchange** operating on Base, has officially opened its platform to the public following a successful private beta. The launch comes just as the **2026 FIFA World Cup** gets underway, positioning the platform to attract sports traders seeking real time prediction markets and faster settlement times. According to the company, more than 300 invited users participated in the beta over an eight week period, generating nearly $5 million in notional trading volume while executing over 100,000 trades focused primarily on soccer markets. > After $5Mn+ in private beta volume… > > PRED, the sports-native prediction market backed by [@Accel](https://x.com/Accel?ref_src=twsrc%5Etfw) and [@cbventures](https://x.com/cbventures?ref_src=twsrc%5Etfw) is now “Open for All”. > > $200K in prizes for FIFA World Cup. Get in now & start trading. > > More details soon 👀 [pic.twitter.com/hcdKHLcwX4](https://t.co/hcdKHLcwX4) > > — PRED (@predofficial) [June 4, 2026](https://x.com/predofficial/status/2062533939856851135?ref_src=twsrc%5Etfw) ## Pred Targets Live Sports Trading Market Pred describes itself as a sports native exchange built specifically for the pace and demands of live sporting events. Unlike traditional sportsbooks or [broader prediction market platforms](https://coinlaw.io/what-is-a-prediction-market/), the company focuses on peer-to-peer trading through an on chain order book. The platform says trading settlements occur in approximately **200 milliseconds**, while market outcomes are resolved within **three minutes**. Positions are denominated in **[USDC](https://coinlaw.io/usd-coin-statistics/)**, settled on chain, and continue earning native yield while active. The company believes sports trading requires infrastructure tailored specifically to live events, where market conditions can change within seconds during a match. ## FIFA World Cup Markets Take Center Stage With the World Cup serving as a major launch catalyst, Pred is introducing a range of specialized markets that extend beyond the offerings typically available on general prediction platforms. Among the featured products are: - **15 minute markets that settle during active gameplay.** - **1UP markets that close once a team gains a one goal advantage.** - **2UP markets that settle when a team reaches a two goal lead.** - **Live moneyline markets designed to offer competitive pricing throughout matches.** According to the company, beta testing showed strong demand for multiple parallel markets running during the same sporting event. A typical Premier League match during the beta reportedly supported several live market types simultaneously. ## Pred V2 Built From User Feedback The public release marks the launch of **Pred V2**, a significantly updated version of the platform developed after extensive consultation with early users. The company stated that the latest version was rebuilt following more than **300 conversations with beta participants**, allowing the team to refine both product functionality and user experience before opening access to a broader audience. Pred reported several notable engagement metrics from the beta period: - **Nearly $5 million in trading volume.** - **More than 100,000 trades executed.** - **86% week over week retention**. - **83% of users making repeat deposits**. These figures suggest strong engagement among early adopters as competition within blockchain based prediction markets continues to increase. ## CEO Highlights Need for Sports Specific Exchange Amit Mahensaria, CEO and co-founder of Pred, said the platform was created to address long standing issues experienced by professional sports traders. Amit Mahensaria, CEO and co-founder of Pred said: “ I spent 22 years trading sports, watching exploitative pricing of sportsbooks and limits of sharp traders cut to nothing the moment they started winning. Pred is the exchange I wanted as a trader. The UX and speed of a sportsbook, the pricing and transparency of an on chain exchange. Amit MahensariaCEO and co-founder – Pred Mahensaria also argued that while general prediction markets have gained popularity, live sports trading represents a specialized category that requires dedicated infrastructure, greater speed, and broader market selection. The company is backed by [**Accel** and **Coinbase Ventures**](https://coinlaw.io/pred-raises-2-5m-sports-prediction-exchange/), two notable investors in the technology and digital asset sectors. ## CoinLaw’s Takeaway In my experience, one of the biggest challenges in prediction markets has been finding platforms that can keep pace with live sports. **Pred** appears to be targeting that exact gap by combining fast on chain settlement with sports specific market structures. I found the retention and repeat deposit numbers particularly notable because they suggest users were actively returning to the platform rather than simply testing it once. As the **2026 FIFA World Cup** draws global attention, Pred’s ability to maintain liquidity and market depth could determine whether it becomes a serious contender in the growing sports prediction market sector.