TL;DR

Crypto.com launches a CFTC-regulated Super Bowl prediction trading product in the United States.
Users trade derivative-style “yes/no” contracts on outcomes, not traditional sports bets.
The platform matches traders peer-to-peer and charges a fee, operating as a prediction market.

Crypto.com rolled out a CFTC-regulated predictions trading product in the United States that lets users trade on Super Bowl outcomes as derivative-style “yes/no” contracts rather than place traditional bets.

The platform is branded as a sports event trading or predictions product where users buy and sell positions on event outcomes. At launch it was limited to outright Super Bowl winner markets, showing each team with an implied probability. The Chiefs hovered around a 23% implied chance at one point, and users choose simple yes/no positions on the outcomes.

The product is offered nationwide in the United States as a derivatives contract regulated by the CFTC via Crypto.com’s derivatives entity (CDNA), positioning it as a compliant prediction market rather than a classic sportsbook.

Instead of a bookmaker setting odds and taking the other side, traders are matched against each other with Crypto.com charging a fee, so pricing resembles a prediction market order book. Positions can generally be exited before the game, allowing users to lock in profits or cut losses if implied odds move, coming closer to trading futures than placing a fixed pre-match bet.

Contract Structure Under CFTC Rules

Contracts are structured as event-based derivatives with notional caps, aligning them with CFTC market rules rather than state-by-state betting licenses. Crypto.com timed the initial rollout around the Super Bowl, using the NFL championship as the first flagship market to attract users during peak interest in football outcomes.

The CFTC has been actively reviewing sports event contracts (alongside similar markets at Kalshi) to ensure they fit within derivatives regulations, but it has not exercised immediate stop-trading powers, so markets have continued into the game.

More broadly, 2026 is a key year for U.S. crypto and derivatives market structure, with new laws and SEC-CFTC jurisdiction debates potentially shaping how prediction markets like Crypto.com’s are treated going forward.

The approach differs from traditional sportsbook models by allowing participants to trade positions as financial contracts. Users can adjust exposure before the event rather than wait for final resolution, introducing early-exit strategies typical of derivatives trading. The platform charges fees instead of maintaining bookmaker margins, shifting the economic model toward peer-to-peer prediction exchange.

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Filed under: News - @ February 3, 2026 7:28 pm