Will Steve Garcia be the UFC Featherweight Champion on December 31, 2026?

Prediction markets currently give a 3% probability that Will Steve Garcia be the UFC Featherweight Champion on December 31, 2026?. This contract trades at 3¢ on Polymarket, closing December 31, 2026. This market shows extreme illiquidity with zero 24-hour volume despite $480k open interest, suggesting the position is largely trapped.

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3¢
Bid/Ask 2/4¢·Spread 2¢·Vol $0·OI $430.041·Closes Dec 31, 2026·253d remaining
0x13580f8b99c3040a5f82076569f9a2b522980adec081f47ab9ccb746ad97f06f
7-day price12 snapshots · 3 regime
5¢3¢ current
Apr 83¢Apr 17

Analysis

4d ago

This market shows extreme illiquidity with zero 24-hour volume despite $480k open interest, suggesting the position is largely trapped. The 4¢ price implies a 4% probability for Garcia, yet the implied yield of 3396% on the yes side is extraordinarily high—indicating either severe mispricing or that traders view this as essentially a lottery ticket with minimal expected value. The 258-day timeframe to expiry and neutral regime score suggest the market lacks conviction, making this a speculative play rather than a fundamentally-driven position.

Resolution rules

This market will resolve according to the official UFC Featherweight division champion on December 31, 2026 at 12:00 PM ET. Only official UFC division champions will count. Interim champions will not count. If the relevant belt is vacant at this market’s check time, or there is otherwise no champion in the specified division, this market will resolve to “Other”. The primary resolution source for this market will be official information from the UFC (https://www.ufc.com/athletes).

Indicators

IY (Yes) 4661.9%
IY (No) 4.5%
Adj IY 2331%
CRI 32
Overround 0.0%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)4661.9%
IY (No)4.5%
Adj IY2331%
CRI32
Overround0.0%

Regime

Label
neutral
Score
0.341
Spread
2¢
Computed
4/21/2026, 8:28:36 PM
Observability lowEvent type sports
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0x13580f8b99c3040a5f82076569f9a2b522980adec081f47ab9ccb746ad97f06f yes 100

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