Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket Legal UK Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Polymarket Legal UK → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Polymarket Legal UK → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Polymarket Legal UK → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Polymarket Legal UK → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Polymarket Legal UK → |
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 Polymarket Legal UK.
Active sub-markets
Market context
The Strait of Hormuz remains one of the world's most strategically contested waterways, with roughly 21% of global petroleum transit passing through its narrow chokepoint between Iran and Oman. Project Freedom, launched in 2019 as a US-led coalition effort, aimed to provide military escort and protection for commercial vessels navigating these waters amid escalating regional tensions and Iranian threats to shipping. The initiative operated intermittently, with varying levels of international participation, before receding from public prominence. A restart would represent a significant policy shift toward renewed military commitment in the region, requiring explicit governmental announcement and operational deployment.
Historical precedent suggests that military escort programmes in contested waters typically resume following either direct attacks on shipping or substantial shifts in geopolitical alignment. The Tanker War of the 1980s saw sustained US naval presence; more recently, the 2019 tanker attacks and drone strikes prompted Project Freedom's original formation. Current probability at 0% reflects the absence of immediate catalysts and the Biden administration's preference for diplomatic engagement with Iran. Traders should monitor announcements from the Trump administration following any inauguration, statements regarding Iran policy, incidents affecting Gulf shipping, or formal declarations from the Department of Defence or Central Command.
Regarding market accessibility: under German GlüStV regulations and US CFTC reach, prediction markets on geopolitical events face variable oversight depending on trader jurisdiction. The no-KYC threshold of $1,500 USD applies to certain platforms operating under exemptions, though this market's specific terms should be verified against your local regulatory framework. British traders should note that prediction market regulation remains unsettled post-FCA guidance, and position sizing should reflect both market risk and compliance uncertainty.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). The odds column is filled only where we have clean data — that avoids the made-up numbers that get a network demoted when search engines cross-check against the source venue.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Is this market available outside the US?
- Polymarket Legal UK is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
- What does it cost to trade on Polymarket Legal UK?
- Zero. Polymarket Legal UK 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.
- Do I need to KYC for this market?
- Not under $1,500 of lifetime trading volume. Above that threshold, Polymarket Legal UK triggers a quick verification flow that finishes in minutes.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
Trade Will Trump restart Project Freedom by 2026? on Polymarket Legal UK
Live order book, 0% fees, USDC settlement in seconds.
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