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.
Market context
The Islamic Republic of Iran has just secured a fourteen-point Memorandum of Understanding with the United States, formally ending the six-week war that began in late February and lifting the US naval blockade on its ports[1]. This breakthrough, brokered by Pakistan and signed by Presidents Trump and Pezeshkian on 17 June, stabilises the regime’s core structures, including the office of the Supreme Leader and IRGC command, rather than dismantling them[1]. Consequently, the crowd-implied probability of the regime collapsing by June 2026 remains at zero, as the state has successfully pivoted from active conflict to diplomatic consolidation[1].
Historically, comparable cases such as the 1979 Iranian Revolution or the 2011 Arab Spring show that regime collapse typically follows sustained internal paralysis or total loss of de facto power over the majority of the population[3]. In contrast, the current leadership under Mojtaba Khamenei has rallied key figures like Ahmad Vahidi and Masoud Pezeshkian to his side, demonstrating resilience rather than the paralysis that plagued the state in late March[3]. The recent ceasefire and subsequent MOU have reversed the earlier narrative of a "paralyzed" decision-making process, suggesting the regime is reconstituting its military capabilities and sovereignty over the Strait of Hormuz[2].
Traders should monitor the implementation of the MOU’s immediate deliverables, specifically the toll-free access to the Strait of Hormuz for the next two months and the lifting of sanctions[1]. Any failure in these deliverables or a resurgence of hostilities in Lebanon could destabilise the fragile peace, though current reports indicate the deal is complete and hostilities have terminated permanently[1]. Analysts at the Institute for the Study of War note that while economic relief could support military reconstitution, the regime remains focused on consolidating sovereignty rather than facing internal dissolution[2]. The next critical schedule dependency is the follow-on negotiation regarding Iran’s fissile stockpiles, which will test the durability of this new status quo[1].
Methodology
This page reviews Will the Iranian regime fall by June 30? across five venues. We show live odds for Polymarket-based markets (sourced from the Polygon order book); for other venues we list platform attributes, since the comparable contracts are not exposed via a public API on every venue. Every CTA points at PolyGram — the application we operate, where you trade directly against the Polymarket order book at 0% fees.
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
- 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.
- Do I need to KYC for this market?
- Not under $1,500 of lifetime trading volume. Above that threshold, PolyGram triggers a quick verification flow that finishes in minutes.
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