vol=$2,808,099, spread=0.0¢, OI=n/a
σ=2.75%/day, AC=-0.21, 31 points
The contract relies on subjective assessment of 'de facto' governing authority rather than formal position, requiring judgment about who 'demonstrably exercises primary governing control' in a complex, opaque political system. The resolution criteria's emphasis on 'consensus of credible reporting' introduces significant interpretation risk, as geopolitical disputes, contested succession scenarios, or ambiguous power-sharing arrangements in Iran could lead to conflicting assessments of effective authority by different credible sources.
Platform default: polymarket
196d to resolution, volume stable
This market will resolve to the individual who de facto holds and exercises the powers of the head of state of the Islamic Republic of Iran on December 31, 2026 at 12:00 PM ET. For the purposes of this market, “de facto holds” refers to the individual who exercises primary governing authority over ...