Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi UK) Pick polygram.ink (preferred broker) |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Market context
The United States is currently offering Ukraine a 15-year security guarantee as part of a proposed peace framework, yet the market for a formal, binding commitment by June 30 remains priced at zero per cent[1]. On Polymarket, this contract sits at 0% YES, reflecting the on-chain reality that conditional tokens for this outcome have no liquidity and USDC deposits on Polygon are not being deployed into this position[2]. The underlying event hinges on a publicly announced, mutually agreed deal between the Trump administration and Kyiv that creates an obligation equivalent to NATO Article 5, a threshold that has not yet been met despite high-level talks[3].
Historically, security guarantees offered by the Trump administration have lacked the credibility required to bind the United States to direct military intervention, with experts noting that vague pledges are often viewed as worthless paper rather than enforceable commitments[4]. Previous negotiations, such as those in Berlin, saw the US dangle "robust security guarantees" and an Article 5-like promise, but officials clarified this would not include US troops in a multinational force, limiting the scope to air defence and intelligence support[2]. This precedent suggests that without explicit language committing to direct intervention or defence, the market will correctly resolve to "No" when the settlement window closes[3].
Traders should monitor the final days of the June deadline, as President Zelenskyy has revealed the US set June as the target for a peace deal, with territorial questions and security guarantees remaining key obstacles[9]. The immediate catalyst is the condensed 20-point peace proposal, which includes security guarantees but also demands Ukraine renounce NATO membership and recognise de facto Russian-controlled territories, creating a significant political hurdle[1]. Any announcement confirming a binding Article 5-style clause before the 11:59 PM ET cutoff on 30 June would be the sole trigger for a price shift, though current signals indicate such a formal commitment is unlikely[3].
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Kalshi UK, which mirrors the Polymarket order book directly.
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
- 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.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- 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 Kalshi UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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.
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