Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
43% | 57% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
43% | 57% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open the market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open the market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open the market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open the market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| December 31 | 43% |
| September 30 | 29% |
| August 31 | 24% |
| July 31 | 14% |
| July 15 | 11% |
| June 30 | 0% |
| June 19 | 0% |
| June 26 | 0% |
| July 4 | 0% |
| March 13 | 0% |
| March 16 | 0% |
| March 31 | 0% |
| April 30 | 0% |
| May 31 | 0% |
Market context
Mojtaba Khamenei, Iran’s Supreme Leader, has not been photographed or videotaped in public since his appointment in March 2026, despite confirmed reports that he remains alive and in control of the regime. This market prices that outcome at 0% YES on Polymarket, reflecting the on-chain consensus that no authentic visual record will emerge before the settlement deadline of 30 April 2026. The contract trades on Polygon using USDC, with conditional tokens locking the binary resolution based strictly on whether a new, unreleased image or video appears within the timeframe.
Historically, senior Iranian figures have operated under extreme secrecy following assassinations or geopolitical threats, with Khamenei’s father Ali avoiding public appearances for years before his death. Mojtaba’s current pattern mirrors this: he issues only written statements read by state broadcasters, avoids electronic communication, and operates from an undisclosed location due to fears of US or Israeli assassination attempts[1][6]. More than two months into his leadership, he has yet to make a single public appearance, reinforcing the market’s zero-probability stance[5].
Traders should monitor official announcements from Iran’s Foreign Ministry, scheduled state media broadcasts, and any shifts in security protocols around Tehran. Recent reports from Reuters confirm Khamenei is present in Iran but refraining from public engagements “for understandable reasons”[1]. Foreign Minister Abbas Araghchi has publicly stated Khamenei is “in excellent health” and “present at his post,” yet no visual confirmation has followed[3]. Until a scheduled appearance is announced or a breach in secrecy occurs, the probability remains effectively nil.
Methodology
We track Mojtaba Khamenei public appearance 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
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
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.
- 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 does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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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