Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win) Pick polygram.ink (preferred broker) |
20% | 80% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
20% | 80% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| July 31 | 20% |
| June 30 | 1% |
| June 26 | 0% |
Market context
On 14 June 2026, the United States and Iran signed a memorandum of understanding that halted immediate conflict and launched a 60-day negotiation window for a final peace deal, with sanctions relief and a $300bn reconstruction plan on offer. The crowd-implied probability of Iran publicly terminating these talks sits at just 2%, reflecting a consensus that the economic incentives and the ceasefire framework are too valuable for Tehran to abandon. Historically, however, Iranian regimes have withdrawn from negotiations when core security demands—such as the removal of all sanctions or guarantees against future military strikes—were not met, as seen in the 2015–2018 period when the US unilaterally exited the JCPOA. This suggests the 2% price may understate the risk of a sudden breakdown if US negotiators push too hard on uranium stockpile down-blending or if regional allies like Israel escalate hostilities in Lebanon.
Traders should monitor the 60-day negotiation timeline, which begins now and is extendable only by mutual consent, alongside any official statements from Supreme Leader Mohsen Rezaei’s office or the US State Department regarding progress on nuclear limits. A recent report from the Institute for the Study of War notes that US officials in Lucerne are prioritising firm Iranian commitments to eliminate pathways to nuclear weapons, a stance that could trigger Iranian withdrawal if perceived as an ultimatum [1]. The settlement window ends 31 July 2026, meaning any announcement of termination must occur before then to resolve the market to “Yes”. Contrarian value may lie in betting against the 2% price if US negotiators insist on down-blending Iran’s 60% enriched uranium stockpile without reciprocal security guarantees, a dependency that has previously fractured talks.
Methodology
We track Iran announces withdrawal from MOU negotiations by 2026? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
Trade Iran announces withdrawal from MOU negotiations by 2… on Who Will Win
Live order book, 0% fees, USDC settlement in seconds.
Open live market →