Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
71% | 29% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
71% | 29% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Anthropic | 71% |
| OpenAI | 11% |
| 7% | |
| DeepSeek | 7% |
| xAI | 3% |
| Moonshot | 2% |
| Alibaba | 1% |
| Z.ai | 1% |
| Meta | 1% |
| Mistral | 0% |
| Meituan | 0% |
| Microsoft | 0% |
| Amazon | 0% |
| Baidu | 0% |
| ByteDance | 0% |
| Company A | 0% |
| Company B | 0% |
| Company C | 0% |
| Company D | 0% |
| Company E | 0% |
| Company F | 0% |
| Company G | 0% |
| Company H | 0% |
| Company I | 0% |
| Company K | 0% |
| Other | 0% |
Market context
The market resolves to whichever company’s model sits highest on the Chatbot Arena leaderboard at the check time, so the real contest is not a generic benchmark race but a live popularity-and-preference ranking that can move with each release, safety tweak, or UI update. That makes the current 7% crowd price plausible as a long-dated, high-variance claim: even if one lab looks strongest on outside scorecards, the Arena has repeatedly shown that “best overall” depends on the specific interaction mix being voted on, with different front-runners across chat, coding, automation, and multimodal tasks.[1][2][5][12]
Recent comparisons already show a fragmented field rather than a stable monopoly. Across 2026 round-ups, Google’s Gemini line, Anthropic’s Claude family, and OpenAI’s GPT-5 variants have each been cited as leaders in different categories, while other names such as Kimi, Qwen, Grok, and DeepSeek have also taken benchmark or value honours.[1][5][11][12] For traders, the main catalysts are new model launches, major leaderboard methodology changes, and any product release that improves user preference scores before the December 2026 check. On the crypto side, the contract settles in USDC, so the practical trading backdrop is the stability of stablecoin liquidity rather than a direct BTC or ETH bet; any broad risk-off move in crypto could still matter indirectly through venue flow, but the payoff here is driven primarily by leaderboard rank, not token prices.
Methodology
This page reads Which company has best AI model 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 alongside for venue context. 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
- What are crypto prediction markets?
- Crypto prediction markets are on-chain smart contracts where you buy YES or NO shares on a future crypto event (e.g. "BTC above $100k by year-end"). The market price between 0¢ and 100¢ is the implied probability.
- Can I use Bitcoin directly?
- No, Polymarket operates exclusively in USDC on Polygon. You can bridge BTC to USDC via an exchange or bridge service and deposit on Polygon — typically 10-30 minutes processing time.
- How does UMA secure the resolution?
- The UMA Optimistic Oracle uses a bond system: a proposer posts a bond, a two-hour challenge window opens. On dispute the losing side forfeits the bond — financial incentive for honest resolution.
- How volatile are crypto prediction markets?
- Crypto markets react to spot prices — a 5% BTC move typically shifts a "BTC above X by date" market 10-20%. Polymarket crypto market liquidity is usually six-figure USD, sufficient for active trading.
- Which crypto markets exist on Polymarket?
- Currently active markets include BTC/ETH/SOL price targets, halving dates, ETF approvals, hard-fork outcomes and Layer-2 TVL thresholds. The list updates weekly; biggest volume sits on BTC and ETH price forecasts.
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