TOTAL VOLUME:
$97.2b
24H VOL:
$205,769,171
24H TRANSACTIONS:
950,106,883
OPEN INTEREST:
$2,078,492,000
827,238
Markets across
14,795
events
MATCHED EVENTS:
884
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
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This market tracks whether the United States will agree to, sign, or accept a new nuclear deal with Iran before August 1, 2026. On Kalshi, the probability of a deal being reached stands at 76.0%. Resolution is determined by official confirmation that the US has agreed to, signed, or accepted a new Iran-US nuclear agreement, as specified in the resolution criteria. Watch for any formal announcements or diplomatic statements from US or Iranian officials before the August 1, 2026 deadline, as this date marks the final window for deal completion and market resolution.
A qualifying Iran-US nuclear deal must be a formal written agreement signed by authorized representatives of both governments that satisfies two independent criteria. First, it must impose verifiable restrictions on Iran's nuclear program—meaning concrete, objectively ascertainable standards such as defined limits on uranium enrichment, centrifuge numbers, nuclear facility operations, or enriched uranium stockpiles. General pledges or vague commitments without specific metrics or monitoring mechanisms do not qualify; however, commitments to completely stop or suspend specific activities establish concrete prohibitions and satisfy this requirement. Second, the agreement must provide for the lifting, suspension, or modification of at least one US economic sanction on Iran in exchange for Iran's nuclear commitments. Multilateral agreements involving other countries qualify if the United States participates. Critically, both governments publicly and officially agreeing to the terms of a qualifying written agreement is sufficient for resolution to Yes, even if formal signing has not yet occurred. The event resolves Yes if such an agreement is agreed to, signed, or accepted at any point before the specified deadline.
Prediction market odds on Kalshi differ from traditional polling on Iran nuclear diplomacy because markets aggregate financial incentives rather than survey responses. Polls typically measure public opinion or expert sentiment at a single moment, while prediction markets reward accurate forecasts with real money, creating continuous price discovery. For the US-Iran nuclear deal, market participants weigh diplomatic signals, sanctions policy, and geopolitical developments differently than pollsters. Markets often move faster than polls when new information emerges, making them a complementary but distinct lens on the likelihood of a deal by Jan 1, 2027.
On Kalshi, the US-Iran nuclear deal is priced through the outcome "Will the US agree to a new Iranian nuclear deal this year?" On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy or sell shares at prices reflecting the probability of agreement, with the current market pricing this outcome at 62.0%. Share prices range from $0 to $1, where $1 represents full certainty. As traders reassess the likelihood based on diplomatic developments, sanctions announcements, and political shifts, the price adjusts in real time. Volume on this contract demonstrates active debate about near-term US-Iran nuclear negotiations.
The US-Iran nuclear deal market resolves on Jan 1, 2027. Resolution hinges on whether the United States formally agrees to a new nuclear deal with Iran by that deadline. Traders should monitor official US government statements, diplomatic announcements, and international agreements to assess the likelihood of resolution. The market captures all available information up to the resolution date, so significant policy shifts or breakthrough negotiations in the coming months will drive price movement. Early resolution is possible if a deal is announced and confirmed before the scheduled end date.
Key catalysts for the US-Iran nuclear deal market include US presidential policy statements on Iran sanctions, direct diplomatic talks or negotiations resuming, international pressure from allies or adversaries, Iranian government statements on willingness to negotiate, and developments in regional conflicts affecting US-Iran relations. Economic sanctions announcements, UN Security Council actions, and domestic US political shifts can also shift trader expectations. Media reports of secret negotiations or failed talks will likely trigger sharp price movements. Geopolitical crises involving Iran or its proxies may either accelerate or derail deal prospects, making this market sensitive to breaking news through Jan 1, 2027.
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