Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
11% | 89% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
11% | 89% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Trade this market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Trade this market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Trade this market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Trade this market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| July 31 | 11% |
| July 7 | 3% |
| June 30 | 0% |
| June 26 | 0% |
Market context
On 14 June 2026, the United States and Iran signed a memorandum of understanding to halt immediate conflict and launch a 60-day negotiation window for a final deal, yet the prediction market on Polymarket currently prices the chance of Iran publicly withdrawing from these talks at 0% YES. This near-certain "No" outcome reflects the high stakes embedded in the agreement: a $300 billion US-backed reconstruction plan, full lifting of sanctions, and the reopening of the Strait of Hormuz, all conditional on finalising the deal. Historically, similar high-value diplomatic frameworks—such as the 2015 Iran nuclear deal negotiations—saw parties endure intense pressure but rarely abandon talks outright once a ceasefire and economic incentives were locked in, unless a fundamental breach of trust occurred. The current 0% probability aligns with this pattern, suggesting traders view the MOU as a binding commitment rather than a fragile gesture.
Traders should monitor scheduled negotiation milestones, particularly the Friday start date for final-agreement talks and any official statements from Iranian President Masoud Pezeshkian or US officials regarding progress. A key catalyst will be the 30-day deadline for the US to fully lift its naval blockade on Iranian ports, as delays could signal friction. Recent reporting from Al Jazeera confirms the MOU was electronically signed by both presidents and includes a clause allowing withdrawal prior to the formal Friday signing, though no such move has been announced [1]. On-chain, the contract settles in USDC on Polygon using conditional tokens, meaning liquidity will shift only if credible news emerges of an official termination. Until then, the market remains anchored to the expectation that both sides will honour the 60-day framework to secure the substantial economic and geopolitical benefits outlined in the 14-point pact.
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
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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 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.
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