Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Trump Prediction Pick polygram.ink |
3% | 97% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Trump Prediction → |
Polymarket polymarket.com |
3% | 97% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Trump Prediction → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Trump Prediction → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Trump Prediction → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Trump 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 Trump Prediction.
Active sub-markets
| No Head of State | 3% YES | 97% NO |
| Muhammad Mirbaqiri | 0% YES | 100% NO |
| Sadegh Larijani | 0% YES | 100% NO |
| Mojtaba Khamenei | 84% YES | 16% NO |
| Hassan Khomeini | 1% YES | 99% NO |
| Reza Pahlavi | 5% YES | 96% NO |
Market context
The question hinges on whether Iran's supreme leader or president will remain in de facto control of state power through the end of 2026. Ayatollah Khamenei, now 85, has held the position since 1989, whilst President Masoud Pezeshkian assumed office in August 2024. The market's 2% YES probability reflects the baseline expectation that current leadership structures persist through the settlement date, with the crowd assigning minimal probability to sudden succession, incapacity, or institutional collapse within a 24-month window.
Historical precedent offers limited guidance for rapid Iranian leadership transitions. The 1979 revolution and subsequent consolidation took years; the 1989 succession from Khomeini to Khamenei occurred within an established constitutional framework. No Iranian supreme leader has been removed through internal challenge since the regime's founding. Khamenei's advanced age and reported health concerns have circulated in Western media, but Iran's opaque succession mechanisms and the Guardian Council's gatekeeping role mean any transition would likely unfold through formal channels rather than sudden rupture. Comparable authoritarian systems show that designated successors often emerge gradually through institutional positioning rather than abrupt changes.
Traders should monitor Iranian state media for any official statements regarding Khamenei's health or public appearances, particularly around major anniversaries or religious observances where his presence carries symbolic weight. The presidential election cycle in 2025 may signal factional shifts within the regime, though the supreme leader's constitutional supremacy over the executive means electoral outcomes carry limited bearing on this market's resolution criteria. Recent reporting from Reuters and AP News has noted Khamenei's reduced public schedule, though Iranian officials have dismissed succession speculation as foreign speculation.
Methodology
Political prediction markets differ structurally from sports betting: thinner liquidity, longer settlement windows, higher sensitivity to single news events. This page shows the live Polymarket quote for Iran leader end of 2026? plus platform attributes for the three reference venues, so you can see at a glance where the deepest market for this question sits.
Resolution & payout
Political markets typically settle on official candidate or agency confirmation. Polymarket uses UMA Optimistic Oracle: a proposer posts the outcome with a bond, the two-hour window opens, then the smart contract pays USDC.
Kalshi settles USD via CFTC clearinghouse, with clearly defined resolution sources (e.g. AP race calls for elections). Betfair settles after the official outcome is registered with the league or agency. Manifold is play-money.
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 it cost to trade on Trump Prediction?
- Zero. Trump Prediction routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- 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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