Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on PolyGram → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on PolyGram → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on PolyGram → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on PolyGram → |
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 PolyGram.
Active sub-markets
| December 31, 2025 | 0% YES | 100% NO |
| June 30, 2026 | 2% YES | 98% NO |
| December 31, 2026 | 71% YES | 29% NO |
| July 31, 2026 | 17% YES | 84% NO |
| September 30, 2026 | 59% YES | 41% NO |
| August 31, 2026 | 34% YES | 66% NO |
Market context
OpenAI would need to complete a public listing and begin trading on a recognised exchange before the end of 2026 for this market to resolve Yes. The current 0% implied probability reflects that there is still no confirmed filing, ticker or exchange venue, and no public S-1 has been released. For context, late-stage private companies often keep IPO timelines fluid until the first SEC registration statement appears; until then, even widely reported plans can slip by quarters. Comparable large-cap tech listings typically move from rumour to credible pricing only after a filing, an underwriter roster and a proposed share count are disclosed.
The key catalyst remains whether OpenAI actually files and then clears the usual pre-IPO steps. Wall Street Journal reporting in January 2026 said the company was laying the groundwork for a fourth-quarter 2026 debut, and later reporting pointed to continuing work on a major funding round and restructuring from its non-profit-linked structure. CMC Markets noted in May 2026 that the company still had not confirmed any official launch date, while other coverage has highlighted valuation markers ranging from roughly $852bn to $1tn. Traders should watch for a formal S-1, board approval, SEC comments, and any sign that the restructuring or financing timetable has slipped, because any delay there would push the listing outside the settlement window.
Methodology
This page tracks OpenAI IPO by 2026? across four political prediction venues. Live odds come from the Polymarket order book (the deepest political prediction-market book). Kalshi is the CFTC-regulated US alternative, Betfair the established UK sports-exchange with politics markets, Manifold the open play-money variant. PolyGram routes every trade through to Polymarket — at 0% fees.
Resolution & payout
For political markets the resolution source is decisive. Polymarket defines a concrete source per contract (e.g. AP, Reuters, official electoral commission) and uses the UMA Optimistic Oracle as the on-chain dispute mechanism. With a clearly defined outcome the USDC payout lands within minutes of the final confirmation.
FAQ
- Is this market available outside the US?
- PolyGram 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.
- 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.
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