Will Khamzat Chimaev be the UFC Middleweight Champion on December 31, 2026?

Prediction markets currently give a 77% probability that Will Khamzat Chimaev be the UFC Middleweight Champion on December 31, 2026?. This contract trades at 77¢ on Polymarket, closing December 31, 2026. The 75¢ price implies a notably high probability for Chimaev to hold the middleweight title in 258 days, yet the asymmetric implied yields (47.2% for Yes versus 424.5% for No) suggest significant tail risk that the market may be underpricing the likelihood of title loss or non-achievement.

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77¢
Bid/Ask 75/79¢·Spread 4¢·Vol $11.538·OI $499.605·Closes Dec 31, 2026·253d remaining
0x154b5e4cad7d1d18816ca37434fce3b699232ab6b1ee29aeb107d6b1d09758c1
7-day price149 snapshots · 11 regime
79¢77¢ current
Apr 868¢Apr 21

Analysis

4d ago

The 75¢ price implies a notably high probability for Chimaev to hold the middleweight title in 258 days, yet the asymmetric implied yields (47.2% for Yes versus 424.5% for No) suggest significant tail risk that the market may be underpricing the likelihood of title loss or non-achievement. With only $87.49 in 24-hour volume against $2,051 open interest, liquidity is thin relative to the position size, creating potential slippage concerns and raising questions about whether the price reflects genuine conviction or illiquidity-driven mispricing. The recent 2¢ decline from 77¢ over seven days and the 4¢ spread indicate modest selling pressure, though the neutral regime score suggests no clear directional momentum.

Cross-venue

Also on kalshi at 75¢+2¢)

View counterpart →Match confidence 0.94IY 47.9%Close-time delta 17h

Resolution rules

This market will resolve according to the official UFC Middleweight 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) 43.1%
IY (No) 482.7%
Adj IY 241%
CRI 3
Overround 0.0%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)43.1%
IY (No)482.7%
Adj IY241%
CRI3
Overround0.0%

Regime

Label
neutral
Score
0.5
Spread
4¢
Computed
4/21/2026, 8:28:43 PM
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0x154b5e4cad7d1d18816ca37434fce3b699232ab6b1ee29aeb107d6b1d09758c1 yes 100

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