TOTAL VOLUME:

$97.2b

24H VOL:

$177,903,386

24H TRANSACTIONS:

950,106,883

OPEN INTEREST:

$2,049,845,057

824,617

Markets across

14,701

events

MATCHED EVENTS:

899

PLATFORM COVERAGE:

5

Polymarket:

45%

VS.

Kalshi:

55%

BETA
Will the Iranian regime fall before 2027?

Will the Iranian regime fall before 2027? Odds & Prediction Markets

Nov 3, 2025, 6:52 PM EST - Dec 30, 2026, 7:00 PM EST
Total volume:
$22,564,405
Volume 24h:
$48,678
71%
Liquidity:
$507,617
10%
Open interest:
$3,859,914N/A
PredictionHero
December 31, 2026 25%
opinion
Will the Iranian regime fall before 2027? 10%
polymarket
March 31, 2026 0%
opinion
Feb 2026Feb 2026Mar 2026Mar 2026Mar 2026Apr 2026Apr 2026Apr 2026May 2026May 2026May 2026Jun 2026Jun 2026Jun 2026Jul 2026Jul 20260204060

December 31, 2026

25%chance
Amount

$

$20

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$500

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Outcome
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Intro

This market tracks whether Iran's Islamic Republic will be overthrown, collapse, or cease governing before the end of 2026. Across Polymarket and Opinion, the aggregated consensus shows a 24.5% probability that the regime falls by December 31, 2026, with a 6.5% probability assigned to an earlier resolution window. Resolution requires a clear break in continuity of core state structures—including the Supreme Leader's office, Guardian Council, and IRGC clerical control—through revolution, civil war, military coup, or similar means, as determined by consensus credible reporting. Watch for major political upheaval or institutional collapse signals as the December 31, 2026 resolution deadline approaches.

PredictionHero - Resolution Divergence Alerts (RDA)

Divergence Detected

Issue: Temporal SKU fragmentation across platforms. Polymarket offers a single binary endpoint (December 31, 2026), while Opinion platform creates three separate date-specific markets (March 31, June 30, December 31, 2026) for the same underlying regime-fall event, risking independent and potentially contradictory resolutions.Hero tip: Do not assume Opinion's three dates are linked or cumulative. Each Opinion market is an independent SKU with its own resolution window. If the regime falls on July 15, 2026, Polymarket and Opinion's December 31 market both resolve Yes, but Opinion's March 31 and June 30 markets resolve No. Cross-platform arbitrage is possible if traders mispriced early-date Opinion contracts. Confirm with Opinion whether these markets are truly independent or if there is a cascading/conditional logic.

Critical divergence points:

  • Polymarket: Single binary event with unified resolution deadline of December 31, 2026, 11:59 PM ET. Requires consensus reporting of regime collapse, dissolution of core structures (Supreme Leader, Guardian Council, IRGC clerical control), or replacement by fundamentally different governing system. Excludes routine political events, internal coups preserving Islamic Republic structures, partial territorial loss, and exile/rebel challenges. Key Quote: 'Only a clear break in continuity—such as a new provisional government, revolutionary council, or constitution replacing the Islamic Republic will qualify.'
  • Opinion: Three separate binary markets at March 31, 2026; June 30, 2026; and December 31, 2026. No explicit resolution criteria provided in source data; assumed to track same underlying event (Iranian regime fall) but creates three independent settlement windows. Each date is a distinct SKU with its own resolution trigger, enabling temporal fragmentation.
Our PredictionHero Resolution Divergence Alerts (RDA) are there to help users identify potential differences across platforms. They do not replace or supersede the official rules and description of any prediction market. Users are solely responsible for reviewing and understanding the applicable rules and resolution criteria before placing any trade or bet. If you notice a potential inconsistency, discrepancy, or error in an alert, please report it to our team so we can review and improve the accuracy of our data.
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Polymarket

This market will resolve to "Yes" if the Islamic Republic of Iran’s current ruling regime is overthrown, collapsed, or otherwise ceases to govern by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. This requires a broad consensus of reporting indicating that core structures of the Islamic Republic (e.g. the office of the Supreme Leader, the Guardian Council, IRGC control under clerical authority) have been dissolved, incapacitated, or replaced by a fundamentally different governing system or otherwise lost de facto power over a majority of the population of Iran. This could occur via revolution, civil war, military coup, or voluntary abdication, but only qualifies if the Islamic Republic no longer exercises sovereign power. Routine political events such as elections, reforms, or leadership succession do not qualify. Internal coups or power shifts that preserve the Islamic Republic’s core structures also do not qualify. Only a clear break in continuity—such as a new provisional government, revolutionary council, or constitution replacing the Islamic Republic will qualify. Partial loss of territory or challenges from rebel or exile groups will not qualify unless the Islamic Republic no longer administers the majority of the Iranian population within Iran. The resolution source will be a consensus of credible reporting.

Opinion

This market will resolve to "Yes" if the Islamic Republic of Iran’s current ruling regime is overthrown, collapsed, or otherwise ceases to govern by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. This requires a broad consensus of reporting indicating that core structures of the Islamic Republic (e.g. the office of the Supreme Leader, the Guardian Council, IRGC control under clerical authority) have been dissolved, incapacitated, or replaced by a fundamentally different governing system or otherwise lost de facto power over a majority of the population of Iran. This could occur via revolution, civil war, military coup, or voluntary abdication, but only qualifies if the Islamic Republic no longer exercises sovereign power. Routine political events such as elections, reforms, or leadership succession do not qualify. Internal coups or power shifts that preserve the Islamic Republic’s core structures also do not qualify. Only a clear break in continuity—such as a new provisional government, revolutionary council, or constitution replacing the Islamic Republic will qualify. Partial loss of territory or challenges from rebel or exile groups will not qualify unless the Islamic Republic no longer administers the majority of the Iranian population within Iran. The resolution source will be a consensus of credible reporting.

Frequently asked questions

The Iranian regime collapse market aggregates trader positions across Polymarket and Opinion, tracking whether Iran's current government will fall before the end of 2026. This dashboard consolidates real-time odds and volume across venues, giving you a unified view of how the prediction community is pricing regime stability. Combined trading activity reflects $22,564,405 in total volume, representing consensus sentiment on this geopolitical outcome. Cross-platform tracking reveals where traders see the highest conviction and helps identify shifts in market expectations as events unfold.

Prediction markets and polling measure different things. Polls capture current public opinion on a snapshot basis, while this market reflects traders' probabilistic forecasts of an actual outcome by a specific date. Market prices incorporate real financial incentives—traders who bet wrong lose money—creating pressure toward accuracy. Prediction markets often diverge from polls because they factor in tail risks, geopolitical intelligence, and longer time horizons. For regime stability questions, markets tend to embed deeper analysis of institutional fragility and external pressures than traditional surveys capture.

Polymarket and Opinion may price this outcome differently due to variations in liquidity, user demographics, and trading mechanics. Polymarket and Opinion can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Larger platforms often attract institutional traders and deeper order books, while smaller venues may see more retail participation or niche expertise. Time-zone effects, fee structures, and platform-specific incentives can also create temporary spreads. Comparing prices across both venues helps you identify arbitrage opportunities and understand where conviction is strongest among different trader cohorts.

This market resolves around Dec 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution hinges on whether Iran's current regime has fallen by that date—a determination made against established news sources and international documentation. The binary structure means traders are betting on a clear, observable outcome rather than degrees of change. Once the resolution date arrives, the market will settle based on whether the specified condition has been met.

Major catalysts include mass protests, military defections, economic collapse, or international intervention—any event signaling regime instability will shift trader positioning sharply. Leadership succession crises, sanctions escalation, or regional conflict could trigger rapid repricing. Conversely, successful government crackdowns or stabilization measures would push odds downward. Intelligence reports, diplomatic developments, and social media indicators of unrest all influence market sentiment. Traders monitor both headline events and structural indicators like currency weakness, capital flight, and institutional cohesion to anticipate regime vulnerability.

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