TOTAL VOLUME:
$119.4b
24H VOL:
$77,805,735
24H TRANSACTIONS:
1,423,588,327
OPEN INTEREST:
$1,167,150,414
327,647
Markets across
32,801
events
MATCHED EVENTS:
3,252
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
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This market tracks the likelihood of the United States agreeing to a new nuclear deal with Iran this year. Currently, the consensus probability across Kalshi and Limitless is 28.0% that such a deal will be reached, with a 23.0% probability for the second-highest outcome. Resolution will be determined by whether the United States has agreed to, signed, or accepted a new Iran-US nuclear deal before January 1, 2027, as defined by the resolution source. Traders should watch for developments surrounding the various deadlines for a new deal or formal peace talks scheduled throughout 2026 and 2027.
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.
This market will resolve to "Yes" if there is a diplomatic meeting between representatives of the United States and Iran by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A diplomatic meeting refers to a deliberate meeting between representatives of the listed countries who are acting in an official capacity and are authorized to engage in negotiation or diplomacy regarding US-Iranian relations on behalf of their governments. Meetings conducted indirectly, for example, through designated mediators, facilitators, or interlocutors acting with the knowledge and authorization of the relevant governments, will qualify. Brief greetings, chance encounters, or talks otherwise not deliberately aimed at diplomacy or negotiation will not count. The meeting must be in-person (including indirect in-person meetings) and must be publicly acknowledged by either government or reported by a consensus of credible media. Remote meetings, phone calls, or other meetings where the relevant parties are not present will not count. The resolution sources for this market will be official information from the governments of the United States and Iran, and a consensus of credible reporting.
On Kalshi, this market reflects trader sentiment through continuous price adjustments, while polling averages aggregate public opinion snapshots. Prediction markets often price in new information faster than traditional polls, especially for events like the US-Iran nuclear deal market where diplomatic shifts can occur rapidly. The current odds show a 28.0% probability, suggesting market participants weigh recent negotiations and geopolitical signals differently than broad public surveys typically capture. This divergence can highlight underappreciated risks or opportunities that polls might miss, offering a complementary view to conventional opinion research.
This market resolves around Jan 1, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. A successful resolution requires official announcements or documented evidence of a new nuclear deal between the two nations, assessed against widely accepted news and governmental sources.
Key signals include high-level diplomatic meetings, sanctions relief announcements, or statements from major global powers about nuclear negotiations. Media reports suggesting progress or breakdowns in talks, as well as regional geopolitical shifts, can also cause rapid swings. Any credible indication of formal agreement terms or, conversely, a public collapse of negotiations will likely shift probabilities dramatically before the market closes.