Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Alternative UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 1,900 | 100% |
| ↑ 1,800 | 100% |
| ↑ 1,700 | 100% |
| ↓ 1,600 | 100% |
| ↑ 1,800 | 100% |
| ↑ 1,800 | 100% |
| ↓ 1,800 | 100% |
| ↓ 1,800 | 100% |
| ↑ 1,800 | 100% |
| ↓ 1,900 | 100% |
| ↑ 1,900 | 100% |
| ↓ 1,900 | 100% |
| ↓ 1,900 | 100% |
| ↑ 1,900 | 100% |
| ↑ 2,000 | 74% |
| ↑ 2,100 | 22% |
| ↓ 1,800 | 11% |
| ↑ 2,200 | 6% |
| ↓ 1,700 | 3% |
| ↑ 2,300 | 2% |
| ↑ 2,400 | 1% |
| ↓ 1,600 | 1% |
| ↑ 2,500 | 0% |
| ↓ 1,500 | 0% |
| ↓ 1,400 | 0% |
| ↓ 1,300 | 0% |
| ↓ 1,200 | 0% |
| ↓ 1,100 | 0% |
| ↓ 1,000 | 0% |
| ↓ 900 | 0% |
| ↓ 800 | 0% |
| ↓ 700 | 0% |
Market context
Ethereum would need to reach the relevant price band during July for this contract to resolve, and Polymarket is currently pricing the field very unevenly: the market page shows the leading upside strikes at 3,900 and 3,800 on 100%, while the crowd-implied probability for **YES** is 0%. On Polymarket, that view is expressed in USDC on Polygon through conditional tokens, so traders are effectively paying for specific July touch outcomes rather than making a broad directional bet on ETH.
For reading that 0% signal, the closest analogue is not a simple year-end forecast but a monthly “touch” market with a long list of strikes, where even a sharp rally can still leave higher levels out of reach. Recent commentary has ranged from cautious near-term calls around $1,700-$1,900 to more aggressive year-end targets, with one July 21 update noting ETH at $1,932 after breaking a year-long downtrend and citing five straight days of spot ETF inflows as support; other forecasts still cluster much lower than the top strikes now shown on Polymarket. That gap between headline ETH price talk and the specific July ladder helps explain why the top outcomes can sit fully priced while the market still assigns no value to the broader **YES** side.[1][4]
Traders should watch whether ETF flow momentum persists, whether Bitcoin and the wider crypto tape continue to support altcoin risk, and whether ETH can hold technical levels that recent commentary has flagged around $1,838 and the $2,000 area.[1] The main dependency is simple: Polymarket settles from observed price action before the 2026-08-01 04:00 UTC close, so any late-month spike, exchange dislocation, or macro-led crypto move matters more than long-run Ethereum fundamentals.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Polymarket Alternative UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Alternative UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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