Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Best Prediction Markets UK) Pick polygram.ink (preferred broker) |
13% | 87% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
13% | 87% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| December 31 | 13% |
| July 31 | 2% |
| May 31 | 0% |
| April 30 | 0% |
| June 30 | 0% |
| July 31 | 0% |
Market context
The United States is currently weighing a potential deal to release $20 billion in frozen Iranian assets in exchange for Iran surrendering its stockpile of enriched uranium, a negotiation that has stalled despite high-level diplomatic pressure from President Trump. While the White House has not confirmed a final decision, reports indicate the administration is also contemplating a military raid to seize the material directly, though experts warn such an operation would require ground forces and face significant counterattack risks.
Historically, the acquisition of another state’s nuclear stockpile by force has been exceptionally rare and fraught with geopolitical peril, mirroring the near-impossibility of the US physically capturing Iran’s 440kg of 60% enriched uranium without triggering a full-scale war. Comparable cases, such as the 1981 Israeli strike on Iraq’s Osirak reactor, involved destroying facilities rather than securing material, reinforcing why the current crowd-implied probability of zero per cent for US possession remains logically consistent with the extreme operational and diplomatic hurdles involved.
Traders should monitor the upcoming quad meeting in Turkey involving mediators from Pakistan, Egypt, and Turkey alongside Saudi officials, as this diplomatic forum could determine whether the cash-for-uranium deal proceeds or collapses into renewed hostilities. Recent reporting from Axios confirms that negotiations are nearing a critical juncture, with Trump stating that hostilities will resume if an agreement is not reached soon, making the outcome of this diplomatic cluster the primary catalyst for any shift in market odds before the settlement window closes in late 2026.
Methodology
We track US obtains Iranian enriched uranium 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
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
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 Best Prediction Markets UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- 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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