Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win 2026) Pick polygram.ink (preferred broker) |
59% | 41% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
59% | 41% | 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 |
|---|---|
| August 31 | 59% |
| August 15 | 39% |
| July 31 | 16% |
| July 24 | 9% |
| July 14 | 0% |
Market context
The United States has reinstated a naval blockade on Iranian ships as of 14 July 2026, following President Trump’s 13 July announcement, yet the market prices only a 12% chance the US will officially declare its end before August 2026. This low implied probability treats the blockade as a durable fixture, positioning the “Yes” outcome as the underdog despite historical precedents where similar US maritime restrictions were lifted within months once diplomatic thresholds were met. In June 2026, CENTCOM previously confirmed the cessation of a naval blockade at Iranian ports after a deal halted military actions, suggesting that official terminations can follow negotiated pauses rather than permanent escalations [1].
Traders should monitor CENTCOM briefings and any White House statements tied to Iran’s compliance with commercial shipping safety, as these are the primary catalysts for a formal lifting announcement. The blockade permits humanitarian shipments subject to inspection but restricts all other maritime traffic entering or exiting Iranian ports, meaning any shift in inspection protocols or diplomatic engagement could trigger an official suspension [4]. Recent reporting from Axios confirms the blockade’s strict enforcement timeline and scope, while Al-Monitor notes Trump’s conditional stance: the US will fully lift the blockade only if Iran demonstrates it no longer threatens commercial shipping, creating a clear dependency for traders to watch [6]. With the settlement window closing in under 18 months, the value spot may lie contrarian to the 12% crowd price if negotiations accelerate faster than consensus expects.
Methodology
We track US announces end of Iranian blockade by 2026? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Who Will Win 2026. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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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