Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Qué Es) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↓ 2,500 | 100% |
| ↓ 2,450 | 100% |
| ↓ 2,400 | 100% |
| ↑ 2,550 | 2% |
| ↓ 2,350 | 2% |
| ↓ 2,300 | 2% |
| ↑ 2,600 | 1% |
| ↑ 2,850 | 0% |
| ↑ 2,800 | 0% |
| ↑ 2,750 | 0% |
| ↑ 2,700 | 0% |
| ↑ 2,650 | 0% |
| ↓ 2,250 | 0% |
| ↓ 2,200 | 0% |
Market context
Ethereum has been volatile into the close, with recent prints around $2,400 after a sharp mid-August jump from roughly $1,900, so Polymarket is effectively pricing a very low chance that the contract lands on the required price range before the 04:00 UTC settlement cut-off. On Polymarket, the position is funded in USDC on Polygon and settled through conditional tokens, so the market is not a directional ETH bet in the abstract; it is a specific claim on whether the observed price action reaches the strike window by the deadline.
That 0% implied probability also fits the recent tape: ETH spent much of August below $2,000, then surged on 20 August after policy headlines, briefly trading above $2,250 and later near $2,410, which shows how quickly the odds can change when macro or regulatory news hits. Before that, ETH had been hovering around $1,860-$1,910 in mid-August, so the current price level is still well above the earlier range that framed most of the month’s trading.
For a trader, the key catalysts are scheduled policy releases, any follow-up on U.S. crypto regulation, and ETF-flow data, because those have been moving ETH far more than on-chain activity alone. Recent coverage has pointed to the SEC’s proposed crypto exemptions, strong weekly spot ETF inflows, and a large liquidation event as the main near-term drivers, while Ethereum’s own upgrade calendar and staking-related ETF headlines remain secondary but still relevant.
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 Polymarket Qué Es, which mirrors the Polymarket order book directly.
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
- 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.
- 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 Polymarket Qué Es 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.
Trade Pronóstico: What price will Ethereum hit on August 22? on Polymarket Qué Es
Live order book, 0% fees, USDC settlement in seconds.
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