Pred

Pred is a peer-to-peer sports prediction exchange built on Base, Coinbase's Ethereum layer 2. Traders buy and sell positions on sports outcomes through a real-time order book and trade directly against each other, with no house setting the odds. Shares are priced between 0 and 1 USDC and redeem for 1 USDC if the outcome is correct. Settlement happens on-chain and balances are held in USDC. The company says execution takes under 200 milliseconds, spreads are under 2%, and winning traders are not limited or banned. Pred publishes technical documentation for its trading interface and a publication called The Game, with market analysis and trading guides.