Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win 2026) Pick polygram.ink (preferred broker) |
37% | 63% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
37% | 63% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↓ 1,700 | 37% |
| ↑ 1,900 | 34% |
| ↓ 1,600 | 8% |
| ↑ 2,000 | 6% |
| ↑ 2,300 | 2% |
| ↓ 1,300 | 2% |
| ↑ 2,400 | 1% |
| ↑ 2,100 | 1% |
| ↓ 1,500 | 1% |
| ↓ 1,400 | 1% |
| ↓ 1,200 | 1% |
| ↑ 2,500 | 0% |
| ↑ 2,200 | 0% |
| ↓ 1,100 | 0% |
Market context
Ethereum’s spot price is currently hovering around $1,780, having surged on 6 July to breach the $1,700 threshold that triggered a sharp rise in implied probability for the $1,700 contract[1][3]. Historically, similar mid-week price spikes in July have preceded extended consolidation rather than immediate breakouts, as seen in 2023 when a July rally to $1,856 failed to sustain above $1,900 before retracing to $1,645 by August[8]. The current crowd-implied probability of 0% YES suggests the market views a sustained climb above $1,700 as unlikely, yet the spot surge has already moved the contract’s implied probability from 50% to 72.5%, indicating a potential mispricing where value may lie on the contrarian side[5].
Traders should monitor Ethereum’s upcoming network upgrade schedule and any Federal Reserve interest rate announcements, both of which could act as catalysts for volatility. Recent data from CoinGecko shows Ethereum trading 63% below its all-time high of $4,946, with a 24-hour volume exceeding $11 billion, underscoring high liquidity but also sensitivity to macro shifts[4]. The $1,750–$1,770 support zone is critical; a break below could invalidate the bullish setup, while a hold may sustain the current upward momentum toward the $1,845–$1,865 resistance target[6]. With the settlement window ending 13 July 2026, the next 48 hours will likely determine whether the 0% probability holds or reverses.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
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?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- 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.
- 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?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Who Will Win 2026 trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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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