Will the US agree to a new Iranian nuclear deal before August?
Prediction markets currently give a 54% probability that Will the US agree to a new Iranian nuclear deal before August?. This contract trades at 54¢ on Kalshi, closing August 1, 2026. The market has surged 58% over seven days to 64¢, reflecting recent diplomatic momentum, though the asymmetric implied yields (192.6% for Yes vs.
Analysis
The market has surged 58% over seven days to 64¢, reflecting recent diplomatic momentum, though the asymmetric implied yields (192.6% for Yes vs. 608.7% for No) suggest traders are pricing in substantial tail risk of a failed negotiation before the August 1 deadline. With 107 days to expiry, $179k open interest, and a tight 3¢ spread, liquidity is moderate but the extreme realized volatility of 238% and info arrival rate of 1.1 events per hour indicate this remains a high-uncertainty event vulnerable to sudden policy shifts or geopolitical shocks.
Resolution rules
If the United States has agreed to, signed, or accepted a new Iran-US nuclear deal before Aug 1, 2026, then the market resolves to Yes.
Indicators
Regime
Edges (12)
Trade
sf trade KXUSAIRANAGREEMENT-27-26AUG yes 100