Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
2% | 98% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
2% | 98% | 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 |
|---|---|
| August 15 | 2% |
| June 26 | 0% |
| June 30 | 0% |
| July 31 | 0% |
| July 7 | 0% |
| July 10 | 0% |
| July 17 | 0% |
| July 24 | 0% |
Market context
Polymarket’s contract is still pricing **0% YES**, which implies traders see no credible public sign of Iran formally quitting the MOU talks before the 31 July 2026 deadline. The market settles on whether the Iranian government, or an authorised representative, makes a public and official termination announcement; on Polymarket, that outcome is represented by conditional tokens funded and traded in **USDC on Polygon**, so the key question is not whether negotiations are strained, but whether the specific announcement threshold is met.
The framework matters because the June 14 MoU created a defined 60-day negotiation window after an agreement meant to end the immediate conflict and reopen channels on wider issues. Reuters reported on 28 June that Iran skipped scheduled technical talks, with an official citing recent attacks and unfulfilled MoU conditions, while later reporting in July said Tehran had not left the negotiating table and that it was the US side that disrupted the process[7][8]. That split is typical of these contracts: absence from a meeting, hard language on state media, or even claims that talks are “over” do not necessarily equal the explicit, official withdrawal language the market needs.
For traders, the main catalysts are formal ministry statements, remarks by Deputy Foreign Minister Kazem Gharibabadi or the foreign ministry, and any jointly announced schedule for technical or final-round talks. CNN reported the text was to be formally signed and then move into the 60-day period[1], so any delay, suspension, or public statement that Iran will “no longer” participate would matter far more than background rhetoric. Separate diplomatic developments, such as mediator-facilitated follow-up meetings or a US move to declare the process finished, can shift headline risk, but only an Iranian public termination should drive this market to Yes[5][14].
Methodology
This page reviews Iran announces withdrawal from MOU negotiations by 2026? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to PolyGram, which mirrors the Polymarket order book at 0% fees.
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
- 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.
- 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.
- 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 PolyGram
Live order book, 0% fees, USDC settlement in seconds.
Open live market →