Will Iran Agree to Surrender Enriched Uranium?
Prediction markets give a 14.5% probability that Iran agrees to surrender any enriched uranium by the deadline—an outcome viewed as unlikely.
Iran agrees to surrender enriched uranium stockpile by December 31, 2026?
Updated · Volume $17.3M
| Outcome | Probability | 24h |
|---|---|---|
| Iran agrees to surrender enriched uranium stockpile by December 31, 2026? | 14.5% | +1.0 |
| Iran agrees to surrender enriched uranium stockpile by October 31, 2026? | 8.5% | +1.0 |
| Iran agrees to surrender enriched uranium stockpile by August 31, 2026? | 4.9% | +1.2 |
| Iran agrees to surrender enriched uranium stockpile by July 31, 2026? | 1.2% | +0.1 |
| Iran agrees to surrender enriched uranium stockpile by May 31, 2026? | 0.0% | — |
| Iran agrees to surrender enriched uranium stockpile by April 30, 2026? | 0.0% | — |
| Iran agrees to surrender enriched uranium stockpile by June 30, 2026? | 0.0% | — |
The headline contract, tracking agreement by a specific deadline, trades at 14.5% and is the only contract with meaningful liquidity. The remaining expiration-date variants are all tail events, priced at fractions of a percent.
Context
Traders on this platform are assessing whether Iran will publicly pledge to hand over some or all of its enriched uranium stockpile to outside control. The bet settles as Yes if, by Dec 31, 2026, Iranian authorities make an official commitment—unilateral or as part of a deal with the U.S. or Israel—to transfer any quantity of enriched uranium to an entity beyond Tehran’s influence. Non-state allies such as Hezbollah or the Houthis are excluded as recipients. Mere promises to cap enrichment or reduce it to non-weapons-grade do not suffice: the uranium must physically leave Iran’s grip. As of 9 min ago, the contract trades at 14.5%, which the market interprets as an unlikely event. Trading volume has reached $17.3M, and the price has swung between 12.5% and 33.5% over the tracked period. Over the past 24 hours, the probability moved +1.0 pts. The narrow focus on one headline contract—other expiration dates exist but attract minimal interest—suggests that participants see the core question as the real hurdle, rather than fine-grained timing distinctions. The resolution rules are specific: to count, the agreement must be public and cover at least a portion of the stockpile, and it can be struck at any point before the deadline, even if the actual transfer occurs later. The market will look to a consensus of credible reporting to determine the outcome. Because the question demands an explicit surrender pledge rather than a negotiated cap, the bar is high, and the market’s pricing reflects that.
FAQ
What exactly would trigger a Yes resolution?
Iran must publicly agree—whether on its own or in a deal with the U.S. or Israel—to transfer at least some of its enriched uranium stockpile to an entity outside Iranian control and not aligned with Tehran. The agreement has to be made by Dec 31, 2026, though the actual handover can happen later. Caps or limits on enrichment alone do not qualify.
How is the current probability determined?
The market price reflects the collective judgment of traders, updated in real time. As of 9 min ago, the chance of a surrender agreement is 14.5%, or unlikely.
Who decides the final outcome?
Resolution relies on a consensus of credible reporting. The market operator will review public statements and media reports to determine whether Iran has met the conditions for a Yes.
What happens to agreements that only limit enrichment?
They are not enough. The market rules explicitly exclude any deal that merely caps the level or quality of enrichment—such as returning to below-weapons-grade—without a physical transfer of uranium out of Iranian custody.
Why does the market focus on just one expiration date?
While the platform lists multiple date cutoffs for the same underlying question, virtually all trading volume concentrates on the headline contract ending Dec 31, 2026. The other contracts are priced at negligible levels.
Data: Polymarket · Methodology · Not financial advice