Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on PolyGram → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on PolyGram → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on PolyGram → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on PolyGram → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on PolyGram.
Active sub-markets
| Morgan Stanley | 0% YES | 100% NO |
| Goldman Sachs | 100% YES | 0% NO |
| JPMorgan | 0% YES | 100% NO |
| Bank of America | 0% YES | 100% NO |
| Citigroup | 0% YES | 100% NO |
| Barclays | 0% YES | 100% NO |
Market context
This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of SpaceX. If no IPO occurs by December 31, 2027, 11:59 PM ET, or SpaceX completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.” If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it
Methodology
We read Lead Bank in SpaceX’s IPO? from four platform perspectives: Polymarket (on-chain CLOB), Kalshi (CFTC-regulated exchange), Betfair Exchange (sports book exchange), Smarkets (peer-to-peer betting exchange). Polymarket's live quote comes directly from the Polygon order book; the other three are listed with their platform attributes — fees, KYC, settlement currency, payment options — because a 1:1 contract comparison without API access would be guesswork.
Resolution & payout
Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.
Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.
FAQ
- Where can I trade this market with the lowest fees?
- On PolyGram, which mirrors the Polymarket order book at 0% fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does it cost to trade on PolyGram?
- Zero. PolyGram routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- 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.
Trade Lead Bank in SpaceX’s IPO? on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
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