Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket Review UK Pick polygram.ink |
8% | 92% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Polymarket Review UK → |
Polymarket polymarket.com |
8% | 92% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Polymarket Review UK → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Polymarket Review UK → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Polymarket Review UK → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Polymarket Review 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 Review UK.
Active sub-markets
Market context
The real-world event is whether at least the threshold number of commercial ships is recorded as transiting the Strait of Hormuz on any single day before the market closes, using IMF PortWatch’s finalised daily “Arrivals of Ships” data. In practice, that means the cleanest way to monitor it is programmatically: pull the daily series, wait for a day to be finalised before counting it, and compare each settled observation against the listed threshold rather than relying on live AIS snapshots that can be revised or incomplete. IMF PortWatch is the governing source for settlement, and the market only cares about vessel categories it includes, not every craft visible on marine trackers.[9][7]
Historically, this kind of line has been highly sensitive to disruption. Argus reported that Hormuz ship traffic was down 94% since the Iran conflict began, with Kpler noting the last vessel to transit on 28 February and JMIC recording only three tankers on 1 March, which shows how quickly the daily count can collapse in a security event.[1] At the same time, the same reporting notes an 18 June memorandum to end the conflict and restart movement towards pre-war levels within 30 days, which matters because any reopening or partial normalisation would feed directly into the daily transit series that decides the market.[1]
For traders running bots, copy-trading rules, or conditional orders, the live question is not “is the strait open?” but whether any *final* daily print crosses the threshold before 30 June. Watch for formal shipping corridor announcements, mine-clearing or inspection timetables, and whether commercial movements resume in a way that shows up in PortWatch’s finalised daily arrivals rather than in real-time position feeds. If traffic returns unevenly, a single spike day can resolve the market yes, so programmatic monitoring should alert on every new finalised IMF PortWatch observation rather than on rolling averages or traffic headlines.[1][9]
Methodology
This page reviews Will 2026 ships transit the Strait of Hormuz on any day by June 30? 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 Review UK — the application we operate, where you trade directly against the Polymarket order book at 0% fees.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- On Polymarket Review 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.
- Is this market available outside the US?
- Polymarket Review UK is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
- 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.
- 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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