Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
BTC Prediction Pick polygram.ink |
3% | 97% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on BTC Prediction → |
Polymarket polymarket.com |
3% | 97% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on BTC Prediction → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on BTC Prediction → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on BTC Prediction → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on BTC Prediction → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on BTC Prediction.
Active sub-markets
| No Head of State | 3% YES | 97% NO |
| Muhammad Mirbaqiri | 0% YES | 100% NO |
| Sadegh Larijani | 1% YES | 99% NO |
| Mojtaba Khamenei | 70% YES | 30% NO |
| Hassan Khomeini | 2% YES | 98% NO |
| Reza Pahlavi | 7% YES | 94% NO |
Market context
The question hinges on whether Iran's supreme leader or president will remain in effective control of state power through 31 December 2026. Currently Ayatollah Khamenei holds the de facto apex position as Supreme Leader, with President Masoud Pezeshkian in the subordinate executive role. The market resolves based on who exercises primary governing authority—command of armed forces, control of core institutions, and executive decision-making—regardless of formal title or international recognition. A 3% YES probability reflects trader conviction that continuity of current leadership structures is highly likely over the next two years.
Historical precedent suggests Iranian leadership transitions occur through succession rather than abrupt displacement. Khamenei has held the Supreme Leader position since 1989 despite health concerns periodically surfacing; his predecessor, Ayatollah Khomeini, died in office in 1989 after a decade of declining health. Presidential transitions are routine—Pezeshkian succeeded Ebrahim Raisi, who died in a helicopter crash in May 2024. The low probability assigned to leadership change reflects the institutional stability of Iran's clerical system and the absence of imminent succession mechanisms, though geopolitical escalation or unexpected health crises remain tail risks.
Traders should monitor statements from the Guardian Council regarding constitutional succession procedures, any announcements concerning Khamenei's health or delegation of powers, and developments in regional conflict intensity—particularly escalation with Israel or the United States, which could trigger emergency governance structures. The Iranian presidential election cycle next occurs in 2025, though this affects the presidency rather than supreme leadership. Crypto market correlation remains minimal; USDC settlement will track the resolution criteria as defined by the market's adjudication panel.
Methodology
This page reads Iran leader end of 2026? on-chain. Polymarket's quote comes directly from the Polygon order book — the only comparable venue with on-chain settlement. Kalshi (USD, off-chain), Betfair (GBP/EUR, off-chain) and Manifold (play-money) are listed for comparison. Every CTA routes to BTC Prediction, which mirrors the Polymarket order book directly.
Resolution & payout
Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.
Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.
FAQ
- Is this market available outside the US?
- BTC Prediction is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
- 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 it cost to trade on BTC Prediction?
- Zero. BTC Prediction routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- Do I need to KYC for this market?
- Not under $1,500 of lifetime trading volume. Above that threshold, BTC Prediction triggers a quick verification flow that finishes in minutes.
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