【🔥 Crypto trading cools down, but Coinbase is making $200 million a year from prediction markets!】
⚖️ 加入X先生的粉丝群聊跟进行情
Crypto market trading is sluggish, but Coinbase has found a new growth path: prediction markets!
According to Coinbase’s third-quarter 2026 earnings report, annualized revenue from its prediction market business has surpassed $200 million, making it one of the company’s fastest-growing businesses.
🔍 Just how hot is this business?
Since its launch, prediction market revenue has grown at a compound quarterly rate of 82%, while the number of daily active traders has increased by more than 60% from the previous quarter.
And users’ interests are no longer limited to sports. In the third quarter, more than 50% of prediction contracts were unrelated to sports, covering a wider range of topics.
Why is Coinbase putting so much emphasis on prediction markets?
Simply put, prediction markets let users trade on the outcomes of future events—for example, whether a policy will pass, who will win a game, or whether an economic indicator will meet expectations.
They attract users to trade and also mean Coinbase is no longer reliant solely on the performance of crypto assets like Bitcoin and Ethereum.
In the third quarter, overall crypto market trading volume fell by about 10%, but Coinbase’s total revenue remained at around $1.2 billion. Prediction markets and derivatives together contributed about 25% of trading revenue.
📌 What’s really worth noting is that Coinbase is evolving from a pure-play cryptocurrency exchange into a platform offering a broader range of financial trading products.
When markets are sluggish, prediction markets, stablecoins, and subscription services are becoming new pillars of revenue.
It remains to be seen whether prediction markets can continue to grow their user base and truly reduce exchanges’ reliance on bull and bear market cycles.
#coinbase
⚖️ 加入X先生的粉丝群聊跟进行情
Crypto market trading is sluggish, but Coinbase has found a new growth path: prediction markets!
According to Coinbase’s third-quarter 2026 earnings report, annualized revenue from its prediction market business has surpassed $200 million, making it one of the company’s fastest-growing businesses.
🔍 Just how hot is this business?
Since its launch, prediction market revenue has grown at a compound quarterly rate of 82%, while the number of daily active traders has increased by more than 60% from the previous quarter.
And users’ interests are no longer limited to sports. In the third quarter, more than 50% of prediction contracts were unrelated to sports, covering a wider range of topics.
Why is Coinbase putting so much emphasis on prediction markets?
Simply put, prediction markets let users trade on the outcomes of future events—for example, whether a policy will pass, who will win a game, or whether an economic indicator will meet expectations.
They attract users to trade and also mean Coinbase is no longer reliant solely on the performance of crypto assets like Bitcoin and Ethereum.
In the third quarter, overall crypto market trading volume fell by about 10%, but Coinbase’s total revenue remained at around $1.2 billion. Prediction markets and derivatives together contributed about 25% of trading revenue.
📌 What’s really worth noting is that Coinbase is evolving from a pure-play cryptocurrency exchange into a platform offering a broader range of financial trading products.
When markets are sluggish, prediction markets, stablecoins, and subscription services are becoming new pillars of revenue.
It remains to be seen whether prediction markets can continue to grow their user base and truly reduce exchanges’ reliance on bull and bear market cycles.
#coinbase
