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Pred Opens to Public as $5M Beta Volume Fuels World Cup Sports Trading Push

By bitcoin.com
Jun 5, 2026
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Peer-to-peer decentralized sports trading exchange, Pred, has officially opened to public access to its platform. The public debut just a few days before the opening match of the 2026 FIFA World Cup.

Key Takeaways:

Peer-to-peer sports exchange Pred launched public access on Base to capture the 2026 FIFA World Cup volume.CEO Amit Mahensaria notes Pred circumvents standard sportsbook biases via 200ms onchain USDC settlement.Post-tournament, Pred will deploy live micro-markets to capture ongoing domestic league trade volumes
Beta Engagement and Performance Metrics

“Big events bring people in, and the 2024 US election showed how fast that can happen,” Amit Mahensaria, CEO and co-founder of Pred, said. “But an election resolves once. You take a position, it settles, and there’s no reason to come back until the next cycle. The World Cup runs for a month. Every match, every session, every goal reprices the book in real time, and that builds a trading habit rather than a one-off.”

According to a media statement, during its invite-only beta phase, Pred saw engagement from more than 300 users who executed over 100,000 trades focused on soccer markets. According to internal data provided by the company, 86% of those beta traders remained active week over week, and 83% made repeat deposits.

Mahensaria notes that for a crypto-native audience, the structural advantages of a decentralized framework address long-standing industry challenges. “Positions settle on-chain in USDC, funds stay in your wallet, and the order book is open to see,” he said. “That removes the trust gap that keeps a lot of people off online sports trading.”

Targeting Year-Round Sports Volume

Mahensaria emphasized that these formats translate seamlessly to year-round league play. “The markets that perform during the tournament—15-minute markets, live moneyline, session markets—aren’t World Cup specific. They run daily across every league, so the engagement you build in June and July has somewhere to go in August.”

Mahensaria, who spent 22 years trading sports, stated that this model directly addresses the structural limitations and “exploitative pricing” that traditional sportsbooks impose on successful, sharp traders. “Pred is the exchange I wanted as a trader,” he said. “The UX and speed of a sportsbook, the pricing and transparency of an on-chain exchange.”

The public release features the platform’s V2 iteration, which developers rebuilt based on feedback from more than 300 user interviews during the beta phase. Pred is backed by venture capital firms Accel and Coinbase Ventures.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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