Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
7% | 93% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
7% | 93% | 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 | 7% |
| May 31 | 0% |
| February 28 | 0% |
| March 31 | 0% |
| April 30 | 0% |
Market context
Polymarket currently prices Russian capture of Malokaterynivka in Zaporizhzhya Oblast by end-February 2026 at 0%, reflecting the settlement mechanism's strict ISW map dependency and the town's current distance from active Russian frontlines. The contract requires persistent shading under Russian control layers on the Institute for the Study of War's interactive map, with any temporary incursion that fails to hold territory insufficient for resolution to "Yes". This binary structure on USDC-settled conditional tokens means traders are pricing either near-certain Ukrainian retention or substantial uncertainty about ISW's classification methodology rather than the underlying military outcome.
Malokaterynivka sits approximately 30–40 kilometres behind Ukrainian lines in central Zaporizhzhya, placing it well outside the current zone of Russian mechanised advance. Comparable markets on smaller settlements closer to active contact—such as those tracking Pokrovsk-region towns—have shown that ISW map updates lag field reports by weeks and often reflect only consolidated territorial gains. The 0% probability reflects both the geographical distance and the historical pattern that ISW rarely marks territory as captured unless Russian forces have established sustained administrative control, a threshold substantially higher than tactical penetration.
Traders monitoring this contract should track Russian breakthrough operations along the Zaporizhzhya front, particularly any coordinated advances that breach the Orikhovo–Huliaipole line. Recent reporting from late 2024 indicated Russian forces consolidating gains around Robotyne and Verbove, though momentum has remained episodic. The February 2026 deadline allows roughly fourteen months for a significant operational shift, making this contract sensitive to winter offensive planning and spring 2025 manoeuvre capacity. ISW map updates themselves—published roughly weekly—serve as the sole authoritative signal for resolution.
Methodology
We track Will Russia enter Malokaterynivka 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
- 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 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.
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