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Will the Iranian regime fall before 2028?

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Polymarket Closes Jan 1, 2028
LIVE PRICES — YES
PolymarketTrade ↗
34¢ last
BidAsk
YES33¢34¢
NO66¢67¢
$76,954 volume
Listed on Polymarket only. Kalshi does not carry a market that settles on this exact question, so there is no cross-venue price to compare here.
30-DAY PRICE HISTORY
HOW THIS RESOLVES

Polymarket — resolution criteria

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, 2027, 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.

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STATS
Cross-venue spread—
Kalshi last—
Polymarket last34¢
Venues2
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