Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Qué Es) Pick polygram.ink (preferred broker) |
82% | 18% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
82% | 18% | 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 |
|---|---|
| Nicolás Maduro | 82% |
| Delcy Rodríguez | 9% |
| María Corina Machado | 3% |
| Edmundo González | 1% |
| No Head of State | 1% |
| Diosdado Cabello Rondón | 0% |
| Dinorah Figuera | 0% |
| Donald Trump | 0% |
| Vladimir Padrino López | 0% |
| Marco Rubio | 0% |
| Jorge Rodríguez | 0% |
| Pete Hegseth | 0% |
| Evan Pettus | 0% |
| Frank Donovan | 0% |
| Dan Caine | 0% |
| Richard Grenell | 0% |
| Leader 1 | 0% |
| Leader 2 | 0% |
| Leader 3 | 0% |
| Leader 4 | 0% |
| Leader 5 | 0% |
| Leader 6 | 0% |
| Leader 7 | 0% |
| Leader 8 | 0% |
| Leader 9 | 0% |
| Leader 10 | 0% |
| Leader 11 | 0% |
| Leader 12 | 0% |
| Leader 13 | 0% |
| Leader 14 | 0% |
| Leader 15 | 0% |
| Leader 16 | 0% |
| Leader 17 | 0% |
| Leader 18 | 0% |
| Leader 19 | 0% |
| Leader 20 | 0% |
| Leader 21 | 0% |
| Leader 22 | 0% |
| Leader 23 | 0% |
| Leader 24 | 0% |
| Leader 25 | 0% |
| Leader 26 | 0% |
| Leader 27 | 0% |
| Leader 28 | 0% |
| Leader 29 | 0% |
| Leader 30 | 0% |
| Leader 31 | 0% |
| Leader 32 | 0% |
| Leader 33 | 0% |
| Leader 34 | 0% |
| Leader 35 | 0% |
| Leader 36 | 0% |
| Leader 37 | 0% |
| Leader 38 | 0% |
| Leader 39 | 0% |
| Leader 40 | 0% |
| Other | 0% |
Market context
Polymarket is pricing this contract at **1% YES**, so the market is assigning a very low chance that the person officially recognised as Venezuela’s head of state on 31 December 2026 will be someone other than the status quo implied by today’s order book. In practical terms, traders are buying and selling **conditional tokens** settled in **USDC on Polygon**, so the price reflects a live consensus on who will satisfy the market’s formal resolution rules at year-end rather than a broad judgement on Venezuelan politics.
The main comparable case is Venezuela’s own 2026 transition, when Delcy Rodríguez was sworn in as interim president after Nicolás Maduro’s removal and subsequent detention. Reuters reported that she took the oath on 5 January and then moved to consolidate authority, while NPR and the BBC described the government as operating through a turbulent handover rather than a clean constitutional reset[10][7][8]. That matters for reading a 1% contract price: it suggests traders see a high bar for any further change in recognised headship, especially when official state machinery, the military, and external recognition can all keep an acting leader in place. Reuters also noted in January that Rodríguez was strengthening her grip through appointments and loyalty management, which supports the idea that continuity, not turnover, remains the default outcome[4].
For catalysts, watch for any formal announcement from Caracas on elections, cabinet reshuffles, or a change in the interim arrangement, as well as any court or constitutional ruling that redefines who is “acting” versus “permanent” head of state. The US State Department said in June it welcomed talks between Jorge Rodríguez and opposition-linked figures on a roadmap for democratic transition, which shows the diplomatic track is still active even if it has not yet produced a definitive handover[16]. Trader focus should also stay on whether the Venezuelan government issues clear leadership statements by late 2026, because the market rules fall back to the UN-listed head of state only if official government information is unclear.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
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
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Polymarket Qué Es. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- 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.
Trade Pronóstico: Venezuela leader end of 2026? on Polymarket Qué Es
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