Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Scam?) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 1,950 | 100% |
| ↑ 2,250 | 0% |
| ↑ 2,200 | 0% |
| ↑ 2,150 | 0% |
| ↑ 2,100 | 0% |
| ↑ 2,050 | 0% |
| ↑ 2,000 | 0% |
| ↓ 1,900 | 0% |
| ↓ 1,850 | 0% |
| ↓ 1,800 | 0% |
| ↓ 1,750 | 0% |
| ↓ 1,700 | 0% |
| ↓ 1,650 | 0% |
| ↓ 1,600 | 0% |
Market context
Ethereum is trading around the $1,900–$2,000 band that the contract’s live market has already made the clear favourite, while the crowd-implied 0% YES on the specific outcome means Polymarket users are effectively pricing the listed price bucket as unachievable from here. On Polymarket, the position is settled in USDC on Polygon, with conditional tokens paying out according to the oracle-defined outcome at the settlement window close, so the key question is not where ETH trades in general but whether the reference price lands inside the exact range being asked. [8][1]
For comparison, ETH has spent much of this period close to the same zone: it opened at $1,928.62 on 22 July before easing back to about $1,918, and other market trackers put it roughly between $1,904 and $1,929 on the day. That kind of narrow trading around a round-number band is usually what makes price-range contracts settle quickly towards one dominant bucket, because small intraday moves do not matter unless they push the reference price through the next bracket at expiry. [2][3][5][6]
The main catalysts are the usual ones for a short-dated crypto range market: spot volatility in Bitcoin, any Ethereum-specific protocol, ETF, or regulatory headlines, and whether the broader risk backdrop drives a late-session move before the settlement window closes. Traders watching the contract should keep an eye on the final hours of ETH/USD liquidity, because the market resolves on the outcome at settlement rather than on a daily average, and a sharp move in either direction can still flip a narrow bucket even after a quiet day. [2][3][8]
Methodology
We track What price will Ethereum hit on July 22? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
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 itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- 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 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Scam? 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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