Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on PolyGram → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on PolyGram → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on PolyGram → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on PolyGram → |
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 PolyGram.
Market context
The real-world event in question is whether China will launch a military offensive to seize any inhabited portion of Taiwan before the end of June 2026. Current crowd-implied probability sits at 0% for a "Yes" outcome, reflecting a market view that an all-out invasion is not imminent within this narrow window, despite broader strategic tensions.
Historical precedents and expert analyses frame this low probability by distinguishing between a full invasion and a blockade. Global Guardian experts estimate the likelihood of an all-out invasion at roughly 35%, while viewing a limited conflict, such as a blockade isolating Taiwan economically, as the most probable scenario at 60% certainty[1]. The 2027 centennial of the People’s Liberation Army is often cited as a symbolic milestone for capability, with US Navy officials noting China aims to have the capacity to take Taiwan by that year[3]. This suggests that while the window for conflict is open between 2024 and 2028, the specific June 2026 deadline may fall before the peak of China’s prepared offensive capability[1].
Traders should monitor catalysts including shifts in US policy from strategic ambiguity to clarity, provocative visits by high-ranking US officials to Taiwan, and game-changing US arms sales[1]. Recent reports highlight China’s accelerated timeline and its training for amphibious landings, blockades, and missile strikes, alongside a forty-day restriction on offshore airspace near Shanghai that underscores growing military assertiveness[2][4]. In terms of regulatory accessibility, German GlüStV implications and US CFTC reach define the legal perimeter for such markets, while the "no-KYC up to $1,500" threshold allows retail participants to access this specific market without identity verification, provided they remain within the stipulated limit.
Methodology
We track Will China invade Taiwan by June 30, 2026? on the five venues with material liquidity for prediction markets. Live odds come from the Polymarket Polygon order book — the only source that ships real-time data under an open licence. For Kalshi, Betfair and Manifold we list platform attributes (fee, KYC, settlement, payment) instead of fabricated odds, because their APIs use non-comparable contract definitions.
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
- Is this market available outside the US?
- PolyGram 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.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does it cost to trade on PolyGram?
- Zero. PolyGram routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- 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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