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Iran leadership change by 2026?

Five-platform snapshot of "Iran leadership change by 2026?" — live Polymarket pricing, plus how Kalshi, Betfair and Manifold structure the same contract.

July 31 26% December 31 15% September 30 8% March 31 0% Volume: $19.0M Liquidity: $192K Closes: 31 Dec 2026
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Iran leadership change by 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via PolyGram) Pick
polygram.ink (preferred broker)
26% 74% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Trade this market →
Polymarket (direct)
polymarket.com
26% 74% 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.

OutcomeProbability
July 3126%
December 3115%
September 308%
March 310%
March 130%
April 300%
May 310%
June 300%

Market context

The Supreme Leader of Iran, Mojtaba Khamenei, has not been seen publicly since his father’s assassination in Israeli airstrikes, with reports suggesting he may be injured and his whereabouts uncertain. This market prices the chance of his removal from de facto power at 0% YES, implying traders see no immediate threat to his position despite the lack of visible leadership. On Polymarket, the contract is priced in USDC on the Polygon network using conditional tokens, where the zero probability reflects confidence in the Assembly of Experts’ ability to maintain continuity even amid internal instability.

Historically, Iran’s theocratic system has shown resilience during succession crises, most recently when Mojtaba was appointed by an 88-member clerical body despite lacking prior office experience. His father, Ali Khamenei, ruled for 37 years until his 2026 assassination, yet the regime quickly consolidated power by selecting a Khamenei successor, reinforcing dynastic control. Comparable cases, such as the 1989 transition after Khomeini’s death, show that removal from power rarely occurs without official announcement or external coercion, making the 0% price consistent with past precedents where leadership changes were formalised rather than abrupt.

Traders should monitor official statements from the Assembly of Experts, any public appearances by Mojtaba, and developments in Israel-Iran tensions, which could trigger removal if he is detained or prevented from acting. Recent reports from CNN note that Mojtaba has issued only written statements, with no video confirmation of his health or location, raising questions about his capacity to lead. A sudden announcement of resignation, removal, or detention would resolve the market to “Yes,” while continued silence without formal change sustains the current “No” outcome.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to PolyGram, which mirrors the Polymarket order book directly.

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

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.
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Related Topics

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