Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket UK Pick polygram.ink |
50% | 50% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Polymarket UK → |
Polymarket polymarket.com |
50% | 50% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Polymarket UK → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Polymarket UK → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Polymarket UK → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Polymarket UK → |
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 Polymarket UK.
Market context
Polymarket currently prices this contract at **50% YES**, implying the market is split on whether Iran will publicly commit to ending uranium enrichment before the July 31 deadline. Because settlement depends on an explicit public agreement or pledge, holders of the conditional tokens on Polygon are effectively betting on a headline event, not a gradual policy shift; the contract settles in USDC, so a verified statement from Tehran matters more than informal signals or background diplomacy.
The historical read-through is that Iran has repeatedly accepted limits on enrichment in negotiated frameworks, but has also walked back constraints when talks collapsed. Under the JCPOA, Iran agreed to cap enrichment and accept tighter monitoring, yet after the US withdrawal in 2018 it began exceeding those limits and moved to higher enrichment levels; by 2025, the IAEA and arms-control groups were describing a much more advanced programme, with Iran enriching up to 60% and possessing a large stockpile. That makes a full pledge to end enrichment a materially bigger concession than a temporary suspension, and comparable cases suggest that markets should discount any language that leaves room for future resumption.[4][6][8]
For traders, the near-term catalysts are diplomatic announcements, leaked draft texts, and any scheduled US-Iran or mediator-led talks that could produce a public statement before the deadline. BBC reported in June 2026 that a framework deal being discussed could still leave the nuclear question unresolved, with temporary suspension and stockpile disposal mentioned rather than a clean end to enrichment, which is relevant because this market requires a clear public agreement from Iran.[3] Reuters-linked reporting also suggested Iran was prepared to limit enrichment under deal terms, but until that is formalised and publicly adopted, the contract remains highly sensitive to wording, timing, and who signs off on the announcement.[1]
Methodology
This page reviews Iran agrees to end enrichment of uranium by July 31? 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 Polymarket UK — 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
- Where can I trade this market with the lowest fees?
- On Polymarket UK, 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.
- 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, Polymarket UK 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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