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Updated September 23, 2026 · Category: Politics & Elections · Market end date: January 1, 2027
As of September 23, 2026 at 15:49 UTC, Polymarket traders price Yes at 6.5% (No 93.5%), with $26.24M traded in total and $6.4K in the last 24 hours.
| Outcome | Probability | 24h change | Volume |
|---|---|---|---|
| Yes | 6.5% | — | $26.24M |
| No | 93.5% | — | — |
Total volume $26.24M · 24h volume $6.4K · Liquidity $707.4K. Prices are Polymarket YES-share prices read as probabilities; they are not executable quotes.
■ Yes ■ No · 30-day price history (12-hour points)
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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.
Summary of the market's published rules. The rules on Polymarket control settlement; check them there before relying on any outcome: open this market on Polymarket.
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As of September 23, 2026 at 15:49 UTC, Polymarket traders price Yes at 6.5% (No 93.5%), with $26.24M traded in total and $6.4K in the last 24 hours.
The event's listed end date is January 1, 2027. Each outcome settles under the market's written rules, summarised on this page, which can differ from the end-date field.
They are the displayed prices of each outcome's YES share on Polymarket. A price of 60¢ implies roughly a 60% chance. This page refreshes the numbers twice a day, so they are not live quotes.
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