Will Lerone Murphy be the UFC Featherweight Champion on December 31, 2026?

Prediction markets currently give a 10% probability that Will Lerone Murphy be the UFC Featherweight Champion on December 31, 2026?. This contract trades at 10¢ on Polymarket, closing December 31, 2026. This illiquid market shows extreme mispricing with an 8% probability for Murphy to hold the featherweight title by end-2026, yet the Yes side offers a staggering 1,627% annualized yield—a red flag suggesting either severe undervaluation or structural issues with the contract.

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10¢
Bid/Ask 4/17¢·Spread 13¢·Vol $0·OI $652.242·Closes Dec 31, 2026·253d remaining
0xe4b64191afb73acbc063482a0f10b03cb5819474c50214e1ea0621860235756a
7-day price681 snapshots · 3 regime
29¢10¢ current
Apr 84¢Apr 21

Analysis

4d ago

This illiquid market shows extreme mispricing with an 8% probability for Murphy to hold the featherweight title by end-2026, yet the Yes side offers a staggering 1,627% annualized yield—a red flag suggesting either severe undervaluation or structural issues with the contract. The $0 24-hour volume and $1.6M open interest indicate virtually no recent trading activity, making the 8¢ price potentially unreliable; the 7-cent spread and 38x volatility ratio further highlight thin liquidity and potential manipulation risk. With 258 days to expiry and a realized volatility of 8,450%, this market appears abandoned or subject to data anomalies rather than reflecting genuine market consensus on Murphy's championship odds.

Cross-venue

Also on kalshi at ¢

View counterpart →Match confidence 0.95Close-time delta 17h

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) 1297.6%
IY (No) 16.0%
Adj IY 649%
CRI 9
Overround 0.0%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)1297.6%
IY (No)16.0%
Adj IY649%
CRI9
Overround0.0%

Regime

Label
neutral
Score
0.5
Spread
13¢
Computed
4/21/2026, 8:26:55 PM
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0xe4b64191afb73acbc063482a0f10b03cb5819474c50214e1ea0621860235756a yes 100

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