[DEMO] Coinbase receives favorable regulatory ruling in 2026?
Market 38.0% against model 49.0%. Resolves in 188d 11h, data updated 13d ago.
Decision layer
Actionable research signal
The model disagreement survives the current gates. This is still research context, not financial advice.
Expected value after costs, not raw probability spread.
How much support the model sees across available inputs.
Thin markets can erase apparent edge through spread and slippage.
Resolution ambiguity, timing, and data quality pressure the decision.
usable feature coverage.
Why / why not trade
One decision layer for the market read.
This public box mirrors the internal diagnostic style without exposing execution controls: decision, probability gap, cost-adjusted edge, blocker, and next thing to monitor.
side YES
49.0% model / 38.0% market
fees, spread, slippage, risk
Model edge survives the current public research gates.
Watch resolution risk, timing, and data quality before trusting the gap.
Read this market in three passes
Model 49.0% vs market 38.0%.
Raw disagreement is reduced by fees, spread, slippage, and risk controls.
Model leans YES
Why this read matters
The model-market gap currently survives the decision gates, but it is still research context and must be judged against the public track record.
[DEMO] Coinbase receives favorable regulatory ruling in 2026?
Volume $108,900
Market-implied vs model probability
Factor attribution
The model estimates a 11-point higher probability than the market, primarily driven by historical base rate.
| FACTOR | SIGNAL | WEIGHT | LOG-ODDS ΔLog-odds contribution measures how much each factor shifted the model's probability estimate in log-odds space — the mathematically correct way to stack independent evidence. Formula: Δlog-odds = weight × signal. Positive values push the probability up; negative values push it down. Log-odds are converted back to probability via the logistic function at the end. | DIRECTION | DESCRIPTION |
|---|---|---|---|---|---|
| Historical base rate | 38% | — | −0.489 | Bearish | Historical frequency for this kind of event — the prior before any market-specific evidence. |
| Model probability | 49.0% | Prior: 38% · Market: 38.0% | |||
| Confidence (λ)Confidence λ (lambda) controls how much weight to give the model vs. the market. Formula: p_final = λ·p_model + (1−λ)·p_market. λ is derived from data quality, factor agreement, and liquidity. When inputs are weak, the model shrinks toward the market — not toward 50%. | 0.63 | Final: 49.0% = λ·model + (1−λ)·market | |||
Comparable eventsseeded prior 38% - 4 matches (min 8 for historical)
| Event | Date | Outcome | Prior mkt prob. |
|---|---|---|---|
| Trump immunity — Supreme Court grants broad presidential immunity | 2024-07-01 | Broad immunity granted for official acts. Limited immunity for unofficial. | 55% |
| Chevron Deference — Supreme Court overturns Loper Bright | 2024-06-28 | OVERTURNED. Courts no longer defer to agency interpretations. | 65% |
| Biden student loan forgiveness — Supreme Court strikes down | 2023-06-30 | STRUCK DOWN 6-3. Major Questions Doctrine applied. | 72% |
| Dobbs v. Jackson — Supreme Court overturns Roe v. Wade | 2022-06-24 | OVERTURNED. 5-4 ruling. States can ban abortion. | 85% |
Real historical events from the comparable-events library (showing 4 of 4 matched). The model's base rate is the realized frequency over the full matched set.
Scenario treeEngine template
Node probabilities are conditional on the parent; hover for cumulative path probability. Leaf EV is per $1 YES contract at the current price, before fees (fee-adjusted EVs in the table on the left).
| Path | Path prob. | YES pays | EV (YES, after costs) |
|---|---|---|---|
| Decision issued before deadline > Approved / enacted | 49.0% | $1 | +58.7c |
| Decision issued before deadline > Denied / rejected | 36.8% | $0 | -41.3c |
| Delayed past deadline | 14.2% | $0 | -41.3c |
Root-implied probability 49.0% reconciles with the model's 49.0% (±1pt invariant).
Description
Favorable court or regulatory outcome for Coinbase. Part of the correlated-CRYPTO concentration group.
Resolution criteria (verbatim, with analyzer flags)
ambiguity 40/100analyzed by heuristicResolves YES if Coinbase receives a final court ruling or SEC settlement deemed favorable by the resolution panel before December 31, 2026.
- Subjective judgment Resolution depends on someone's judgment call rather than an observable fact.
- Deadline without timezone A deadline is stated without a timezone — the cutoff moment is undefined.
Resolves Fri, 01 Jan 2027 03:48:52 GMT. The contract pays on these exact criteria, not on the thesis.
Suggested paper position
Paper position only. No real-money execution
Live open-market tracking
Since the first stored model read on 2026-06-09, the market has moved from 38.0% to 38.0%.
This is a directional diagnostic for unresolved markets, not final performance. Resolved outcomes still determine the official live record.
Data quality62/100 - usable
When features are unavailable, the model increases uncertainty and weights the final estimate closer to the market price. Lower data quality does not mean the market is wrong. It means the model is being appropriately humble.
Risk factor breakdownsim
| Inverse liquidity | 34 | |
| Price volatility | 34 | |
| Resolution proximity | 0 | |
| Data quality | 55 | |
| Category base risk | 50 | |
| Resolution ambiguity | 40 | |
| Regulatory exposure | 0 | |
| Portfolio concentration | 3 |
Composite score 44/100, higher = riskier.
Related markets
| Market | Mkt | Delta |
|---|---|---|
| Linked markets | ||
| [DEMO] Crypto regulation bill passes Senate by Q3 2026? Correlated CRYPTO regulatory outcomes — shared risk drivers create concentration risk. | 34.0% | +10pt |
| [DEMO] SEC approves spot Solana ETF by Q3 2026? Correlated CRYPTO regulatory outcomes — shared risk drivers create concentration risk. | 41.0% | +11pt |
| Same-category markets | ||
| [DEMO] Crypto regulatory bill passes Senate vote this week? category context: wording overlap | 55.0% | +8pt |
| BTC closes above $100k this week? category context: same category + wording overlap | 61.0% | -4pt |
Divergences > 5pt flagged in amber. For cross-venue pricing, see the Scanner.