Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Germany Legal) Pick polygram.ink (preferred broker) |
52% | 48% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
52% | 48% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Anthropic | 52% |
| SpaceX | 44% |
| xAI | 26% |
| OpenAI | 1% |
| ByteDance | 0% |
| Stripe | 0% |
| Databricks | 0% |
| SHEIN | 0% |
| Waymo | 0% |
| Revolut | 0% |
| Discord | 0% |
| Perplexity AI | 0% |
| Kraken | 0% |
| Other | 0% |
| Placeholder A | 0% |
| Placeholder B | 0% |
| Placeholder C | 0% |
| Placeholder D | 0% |
| Placeholder E | 0% |
| Placeholder F | 0% |
| Placeholder G | 0% |
| Placeholder H | 0% |
| Placeholder I | 0% |
| Placeholder J | 0% |
| Placeholder K | 0% |
| Placeholder L | 0% |
| Placeholder M | 0% |
| Placeholder N | 0% |
| Placeholder O | 0% |
| Placeholder P | 0% |
| Placeholder Q | 0% |
| Placeholder R | 0% |
| Placeholder S | 0% |
| Placeholder T | 0% |
| Placeholder U | 0% |
| Placeholder V | 0% |
| Placeholder W | 0% |
| Placeholder X | 0% |
| Placeholder Y | 0% |
| Placeholder Z | 0% |
| Placeholder AA | 0% |
| Placeholder AB | 0% |
| Placeholder AC | 0% |
| Placeholder AD | 0% |
| Placeholder AE | 0% |
| Placeholder AF | 0% |
| Placeholder AG | 0% |
| Placeholder AH | 0% |
| Placeholder AI | 0% |
| Placeholder AJ | 0% |
| Placeholder AK | 0% |
| Placeholder AL | 0% |
| Placeholder AM | 0% |
| Placeholder AN | 0% |
| Placeholder AO | 0% |
| Placeholder AP | 0% |
| Placeholder AQ | 0% |
| Placeholder AR | 0% |
| Placeholder AS | 0% |
| Placeholder AT | 0% |
| Placeholder AU | 0% |
| Placeholder AV | 0% |
| Placeholder AW | 0% |
| Placeholder AX | 0% |
| Placeholder AY | 0% |
| Placeholder AZ | 0% |
| Placeholder BA | 0% |
| Placeholder BB | 0% |
| Placeholder BC | 0% |
| Placeholder BD | 0% |
| Placeholder BE | 0% |
| Placeholder BF | 0% |
| Placeholder BG | 0% |
| Placeholder BH | 0% |
Market context
Largest IPO by market cap in 2026?. The market is currently pricing the outcome at 65% YES, meaning crowd-implied probability sits at that level. Settlement is scheduled for 2026-12-31T00:00:00Z. Unlike a sportsbook, the price you see is set by buyers and sellers competing in a live order book — there is no house edge or bookmaker margin to fade.
World-affairs prediction markets price discrete geopolitical outcomes — ceasefires, treaty signings, leadership transitions — and tend to drift on rumour and snap-correct on official announcements.
Watch for the underlying catalysts that move this category: each official announcement, dataset release, or scheduled milestone generally produces a step change in the implied probability. Trades execute instantly on Polygon, and shares pay $1 each at resolution if your side wins.
Methodology
This overview of Largest IPO by market cap in 2026? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.
Resolution & payout
On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.
FAQ
- Is Polymarket legal in my country?
- Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Polymarket Germany Legal has a different geo footprint.
- Do I need to KYC for Polymarket Germany Legal?
- Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
- Are prediction markets gambling?
- Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
- Is there a withdrawal cap?
- No platform-side cap. You can withdraw any amount provided KYC is complete. SEPA bank withdrawals over €15,000 trigger additional anti-money-laundering checks (statutory obligation for all platforms).
- What if regulation changes?
- If regulation changes in your jurisdiction (e.g. prediction markets are banned), Polymarket Germany Legal would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
Trade Largest IPO by market cap in 2026? on Polymarket Germany Legal
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