SimpleFunctions
PolymarketMay 31, 202627 days left

Kharg Island no longer under Iranian control by May 31?

This contract is priced at 8¢ on Polymarket. Current book: 7¢ bid, 8¢ ask, 1¢ spread.

Implied probability

8¢
$4.3M volume
$694K liquidity
68% of event volume

Event outcomes

2

Family volume

$6.3M

Best sibling

June 30 12¢

Ticker

0xa1d97efb…dea1

Price history

8¢ current

5¢
25¢50¢75¢100¢
Apr 8, 2026May 3, 2026

Orderbook snapshot

7 / 8¢

Polymarket
1¢ spread
BidSize
100¢79K
7¢127K
6¢182K
5¢156K
4¢19K
3¢20K
2¢42K
AskSize
8¢80K
9¢246K
10¢135K
11¢20K
12¢6.1K
13¢8.2K
14¢5.7K
15¢5.8K

Contract terms

Resolution, venue, and identifiers.

Resolution rules

This market will resolve to "Yes" if Kharg Island is no longer under Iranian control by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". “No longer under the control of Iran” means that Iran no longer exercises primary governmental or military control over Kharg Island, and another state, occupying force, or internationally backed authority has established control over the island. Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Iranian activity will not qualify on their own. An announcement, threat, or claim that Iran has lost control will not qualify without actual control being established. If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island. If control over Kharg Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”. The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.

Venue

Polymarket

Closes

May 31, 2026

Identifier

0xa1d97efb…dea1

Event family

Kharg Island no longer under Iranian control by.

This view keeps the individual contract next to its sibling outcomes. For long-tail search traffic, this is the useful context: where the current price sits inside the event, how much volume exists around the family, and which outcomes have actual depth.

Total volume

$6.3M

Outcomes

2

Highest price

June 30 12¢

Current share

69%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

Observability

medium

Event type

political

Full indicator table

15359.7%
116.1%
Adj IY
6720%
12
LAS
0.13

Odds pages

Related prediction questions

Browse odds

Related readings

Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.

Browse library
Conceptmethodology

Resolution Risk Premium: Pricing the Rule, Not the Outcome

When the resolution rule is fuzzy, the price is the market's estimate of how the rule will be interpreted, not the outcome's probability. Three case studies and the discount math.

Opinionanalysis

Information Finance Has Arrived: A Material Map of Prediction Markets in Q2 2026

Combined Kalshi + Polymarket volume hit $66B in just four months of 2026 — already greater than the entire 2025 industry total. Bernstein projects $1T by 2030. Two venues hold 95% of US share. The distribution layer fragmented across nine retail surfaces. AI agents are 30% of Polymarket wallet activ

Blogmarkets

Prediction Market Orderbook Analysis: Reading Depth, Spread, and Liquidity

How to read prediction market orderbooks. Binary settlement, spread-as-percentage, depth asymmetry, executable edge calculation, and cross-venue arbitrage analysis.

Blogmarkets

Kalshi vs Polymarket: Which Prediction Market Should You Trade?

In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.

Opinioncomparison

Kalshi vs Polymarket: Mechanics, Fees, Regulation, Liquidity (2026)

Side-by-side comparison of Kalshi and Polymarket in 2026. Fee math, calibration data, withdrawal speed, and a decision tree for picking the right venue.

Bloggeopolitics

US Oil Sanctions on Venezuela, Iran, and Russia in 2026: How Prediction Markets Are Pricing the Next Shock

A deep-dive into US oil sanctions on Venezuela, Iran, and Russia heading into 2026—covering Trump 2.0 policy, secondary sanctions, shadow fleets, global oil balances, European energy security, India/China behavior, and how prediction markets are pricing the next shock.

SimpleFunctions context

Index, screen, query, and monitor.

Open index