TOTAL VOLUME:
$41.1b
24H VOL:
$94,100,224
24H TRANSACTIONS:
2,819,523,799
OPEN INTEREST:
$1,635,541,893
67,901
Markets across
1,345
events
MATCHED EVENTS:
139
PLATFORM COVERAGE:
4
Polymarket:
45%
VS.
Kalshi:
55%
$
This event group asks whether Reza Pahlavi will be the de facto leader of Iran by December 31, 2026. Resolution hinges on him exercising primary governing authority, controlling key institutions, and enforcing laws, regardless of formal titles or international recognition. It's about actual power, not symbolic status.
This market will resolve to βYesβ if Reza Pahlavi de facto holds and exercises the powers of the head of state of Iran by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to βNo.β Reza Pahlavi will be considered to hold power if he exercises primary governing authority over the Iranian state during the specified timeframe, including effective control over the armed forces, national institutions, and core executive decision-making, regardless of formal title, constitutional designation, or international recognition. Formal appointment, recognition by the United Nations, or recognition by foreign governments is not required. Indicators of de facto authority may include control over the armed forces and security services; control over executive ministries and state administrative institutions; enforcement of national laws; issuance of binding national directives; and effective control over the capital and core state infrastructure. Symbolic status, foreign recognition without domestic control, exile leadership without effective authority inside Iran, nomination without effective authority, or ceremonial or transitional status without governing control will not qualify. If Iran experiences a period in which no individual exercises effective governing control, this will not alone qualify for a βYesβ resolution unless Reza Pahlavi subsequently meets the criteria above within the specified timeframe. The primary resolution source for this market will be a consensus of credible reporting.
This market will resolve to βYesβ if Reza Pahlavi de facto holds and exercises the powers of the head of state of Iran by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to βNo.β Reza Pahlavi will be considered to hold power if he exercises primary governing authority over the Iranian state during the specified timeframe, including effective control over the armed forces, national institutions, and core executive decision-making, regardless of formal title, constitutional designation, or international recognition. Formal appointment, recognition by the United Nations, or recognition by foreign governments is not required. Indicators of de facto authority may include control over the armed forces and security services; control over executive ministries and state administrative institutions; enforcement of national laws; issuance of binding national directives; and effective control over the capital and core state infrastructure. Symbolic status, foreign recognition without domestic control, exile leadership without effective authority inside Iran, nomination without effective authority, or ceremonial or transitional status without governing control will not qualify. If Iran experiences a period in which no individual exercises effective governing control, this will not alone qualify for a βYesβ resolution unless Reza Pahlavi subsequently meets the criteria above within the specified timeframe. The primary resolution source for this market will be a consensus of credible reporting.