Panama City, Sept. 16, 2026 (GLOBE NEWSWIRE) -- PRED, the peer-to-peer sports prediction exchange, has opened NFL markets for the 2026 season and replaced the Long and Short labels on every contract with Yes and No.
Pred Sports Exchange
Both changes shipped in the same week. PRED launched with trading language because several of its founders spent years on trading desks, where a position is long or it is short and nobody thinks twice about it. Users who came to the exchange from watching sport kept asking why they could not just say yes or no.
The question turned up in Discord, in Telegram and in messages to the team, from users who had no trouble with anything else in the product.
"You have a view during a match and the view is yes or no," said Amit Mahensaria, CEO and co-founder of PRED. "Nobody watching a game thinks about exposure. We assumed the question would stop once people had a few trades behind them. It never did, and that told us the problem was ours."
Kalshi and Polymarket have priced contracts as Yes and No from the start, so the change also brings PRED onto the labelling most of the category already uses.
Underneath, nothing has moved. The order book, the matching and the settlement work as before, and traders still take the other side of each other rather than PRED. Yes replaces Long, No replaces Short, and the price on each side still shows where the market sits.
Not everyone at PRED agreed. Several traders told the team that Long and Short read fine to them.
"They were right on their own terms, and coming from a market background they would be," said Mahensaria. "But a convention that only works for people who already trade is the wrong convention for a product you open during a game."
Why the NFL, and why now
NFL markets opened for a season that started on 9 September with the Seattle Seahawks hosting the New England Patriots in a rematch of Super Bowl LX.
The 2025 NFL regular season averaged 18.7 million viewers a game, the second highest season average since records began in 1988 and up 10% on 2024, according to figures the league released in January. NFL games accounted for 89 of the top 100 programmes on US television from the start of that season. Super Bowl LX averaged 125.6 million viewers in February and peaked at 137.8 million during the second quarter, which Nielsen records as a US high.
The league is also playing more of its season away from home. The NFL will stage a record nine regular season games outside the United States in 2026, six of them in Europe, including three in London and a first regular season game in Paris on 25 October.
An NFL game gives an order book more to work with than a sport that runs without stopping. Play breaks into four quarters and halts after most snaps, and a single drive can move a market that had settled. PRED matches orders in 200 milliseconds. Markets resolve in under four minutes once the outcome is confirmed, against the hours an oracle challenge window can take elsewhere.
Alongside the NFL, PRED covers the Premier League, La Liga, Serie A, the Bundesliga, Ligue 1, the EFL, MLS, the Champions League and the Europa League, with the NBA, WTA tennis and Formula 1. Deposits can be made in fiat or crypto, and contracts settle in USDC on Base. More sports are scheduled for this season.
About PRED
Pred is a peer-to-peer sports prediction exchange. Users trade contracts on sports outcomes with one another on an order book, with Pred operating the venue rather than taking the other side. Trades execute in 200ms and markets resolve in three minutes once the official outcome is confirmed. Pred runs on Base, settles in USDC, and is backed by Accel, Coinbase Ventures and Reverie
Press Inquiries
Pred PR
pr [at] pred.app
https://www.pred.app
