Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
6% | 94% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
6% | 94% | 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
| Alex Pereira | 6% YES | 94% NO |
| Magomed Ankalaev | 13% YES | 87% NO |
| Khalil Rountree Jr. | 2% YES | 98% NO |
| Azamat Murzakanov | 1% YES | 99% NO |
| Volkan Oezdemir | 7% YES | 93% NO |
| Bogdan Guskov | 9% YES | 91% NO |
Market context
The UFC Light Heavyweight title will be held by one fighter on 31 December 2026. The current champion is Jon Jones, who reclaimed the belt in November 2024 after a lengthy absence. The 6% implied probability for "Other" suggests the crowd expects a clear champion in place by year-end, with minimal concern about a vacant belt or extended litigation over legitimacy.
Light Heavyweight has historically been one of the UFC's most volatile divisions in terms of champion tenure. Since 2015, the belt has changed hands roughly every 18–24 months on average, with injuries, retirements, and failed title defences creating frequent turnover. However, dominant reigns do occur: Daniel Cormier held the title for over two years, and Jan Błachowicz for roughly eighteen months. The current 6% probability for "Other" reflects confidence that whoever holds the belt mid-2026 will retain it through year-end, rather than suggesting high turnover risk. This is a reasonable baseline given that most title reigns survive a six-month window.
Traders should monitor Jones's health and activity schedule closely. His return to competition after extended time away introduces injury risk, and any significant layoff or medical setback could trigger a vacant-belt scenario. Title challengers emerging from the division—particularly Jamahal Hill, Alex Pereira (if he moves down), and other contenders—will shape the competitive landscape. UFC scheduling announcements for late 2026 title bouts, combined with any fighter retirements or injuries amongst the top five, will be critical signals. Recent reporting from MMA media outlets tracking fighter contracts and injury status should inform position adjustments as 2026 progresses.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). The odds column is filled only where we have clean data — that avoids the made-up numbers that get a network demoted when search engines cross-check against the source venue.
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
- Where can I trade this market with the lowest fees?
- On PolyGram, which mirrors the Polymarket order book at 0% fees. 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 does it cost to trade on PolyGram?
- Zero. PolyGram routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- 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.
- 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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