PolymarketGeopoliticsConfirmed moveUpdated 3m ago

Iran leadership change by December 31?

As of Nov 4, 2026, 10:46 AM ET, Polymarket priced this market at 8.5% (down from 12.5% 24 hours earlier). It had $97.8K traded in the past 24 hours, $216.8K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as strong.

Market probability
8.5%
−4 percentage points
over 24 hours12.5% → 8.5%

Deep, easy-to-trade market; we can't yet see which accounts drove today's move.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Strong

Consensus stability

Forming

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

DeepTight spread

Order-book liquidity

$216.8K

Bid-ask spread

1.0 pts

24h volume

$97.8K

Total volume

$5.9M

It would take roughly $17.3K of buying to move the price up by ~5 pts.

Lots of money on the book and a tight spread — a single ordinary order can't move this price much.

Who's trading

Whose opinion is this price?

Participation data isn't captured for this market yet.

Participation data isn't captured for this market yet, so we can't say how many accounts set this price.

What this market actually measures

This market will resolve to "Yes" if the Supreme Leader of Iran, Mojtaba Khamenei, ceases to be the de facto leader of Iran at any point between market creation and the listed date (ET). Otherwise, this market will resolve to "No".

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve to "Yes" if the Supreme Leader of Iran, Mojtaba Khamenei, ceases to be the de facto leader of Iran at any point between market creation and the listed date (ET). Otherwise, this market will resolve to "No". Mojtaba Khamenei will be considered to no longer be the de facto leader of Iran if he is removed from power, is detained, or otherwise loses his position or is prevented from acting as the de facto leader of Iran within this market's timeframe. An official announcement of Mojtaba Khamenei’s resignation or removal will qualify for a "Yes" resolution regardless of when the announced departure goes into effect. The primary resolution source for this market will be a consensus of credible reporting.

Why the odds moved

The probability fell 4.0 percentage points over the last 24 hours (12.5% → 8.5%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesDecember 31, 2026 at 11:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Nov 4, 10:49 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Probability by deadline

The same event, priced across deadline contracts on this venue.

Extending the deadline from Nov 30 to Dec 31 adds about 4.4 percentage points of implied probability.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±11 pts.

Trading normallyLegacy movement classifier: meaningful

What's happening

low classifier confidence
Trading normally

Liquid, two-sided, and calm. The current price reads as settled consensus — the latest print is a reasonable summary of what the market believes.

  • Liquid, two-sided, and calm — price behaving as settled consensus

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
43Medium
Where the price path tends to go next168 observed
  • Trend continuation85%
  • Choppy / mean-reverting7%
  • Thin-liquidity spike3%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~9h
PredictabilityStable

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H-2.024H-4.07D-4.0

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