CoinPoker WPM Nears $27M Before Main Event Kick-Off
The crypto poker series has already paid out nearly $27M with its biggest event still pending.
CoinPoker's World Poker Masters has distributed nearly $27 million in prize money as of late May 2026, with the series' flagship Main Event still to come, according to Card Player.
Why It Matters
For crypto poker players, a $27 million payout milestone before the headline event closes signals genuine liquidity depth on a blockchain-based platform — a frequent pain point for crypto-native poker rooms. CoinPoker settles prizes in CHP tokens and major cryptocurrencies, meaning winners carry currency-risk exposure that fiat-room players do not. That caveat aside, the scale of this series positions CoinPoker as a credible competitor to mainstream online tournament circuits. Players evaluating crypto poker venues should treat prize-pool size as a proxy for network health, not just marketing.
Context
The World Poker Masters is CoinPoker's largest annual tournament series. As of May 2026, the platform runs on a crypto-first model, accepting CHP, USDT, and BTC for buy-ins, distinguishing it structurally from licensed fiat operators. A near-$27 million distribution across preliminary events — before the Main Event resolves — represents a notable benchmark for a non-fiat poker ecosystem.
What's Next
The Main Event is the series' final and highest-stakes stop; its completion will set the total series payout figure. Watch Card Player for final prize-pool confirmation once results post.
Gambling involves financial risk. Crypto poker adds price-volatility risk on top of standard gameplay variance. Play within your means.
Related on WeeBet
Keep reading
WeeBet Weekly
The week's biggest market move, in 4 minutes.
Every Friday: the top Polymarket and Kalshi price shift, one regulatory story that actually matters, and one chart. No fluff, no promo. Free.
Free. Unsubscribe in one click. We'll never sell your email.