Resolution criteria on PolyGram: This market will resolve to "Yes" if Mike Johnson announces that he will resign from his position as Speaker of the US House of Representatives, or otherwise ceases to be Speaker for any length of time, between April 9, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". Note that an announcement of his resignation before the resolution date will suffice to resolve this market to "Yes" regardless of if/when he actually steps down.
Election and policy markets historically tighten as polling firms publish their final round and prediction-market traders fade or back the consensus. Odds will populate live once the order book fills with 213 days to resolution, giving the order book ample time to absorb new information, backed by $27K of resting liquidity.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| December 31, 2025 | 0% YES | 100% NO |
| March 31, 2026 | 0% YES | 100% NO |
| December 31, 2026 | 20% YES | 80% NO |
| June 30, 2026 | 3% YES | 97% NO |
Mike Johnson, elected Speaker of the House in October 2023 after the ouster of Kevin McCarthy, faces a settlement window running through the end of 2025. The market tests whether he will announce his resignation or otherwise cease holding the Speaker position between April and December 2025. The current order book on Polymarket implies zero probability of this outcome, reflecting trader confidence in his tenure stability over the next nine months.
Historical precedent suggests Speaker removal is rare but not unprecedented. Kevin McCarthy was ousted through a motion to vacate in October 2023 after just nine months, whilst Paul Ryan announced his retirement in 2018 with advance notice. Newt Gingrich served over four years before stepping down voluntarily. The 0% implied probability reflects the absence of immediate procedural threats to Johnson's position and the Republican Party's general preference for stability after the McCarthy disruption. However, this baseline assumes no major legislative failures, party fractures, or personal scandals emerge during the window.
Traders monitoring this market should track Johnson's management of the 118th Congress's remaining agenda, particularly any contentious votes on spending, debt ceiling negotiations, or party discipline issues that could trigger dissent from hardline conservatives. Recent reporting on internal Republican dynamics and any statements from potential motion-to-vacate proponents would signal shifting conditions. The settlement window's extension to end-2025 captures the full remainder of the congressional session, making this a test of Johnson's political durability across a full legislative cycle.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
For this market, the resolution date is 31 December 2026. A UMA proposer can submit the outcome from that moment; the two-hour dispute window closes at , and assuming no counter-claim is staked, winning USDC clears to trader balances by approximately .
If a dispute is filed inside the two-hour window, the outcome escalates to UMA token-holder voting, which extends settlement by roughly 48 hours. This particular market has no public resolution feed listed; disputes here are more likely if the underlying outcome is subject to interpretation, in which case the UMA token-vote arbitrates the wording of the original market question.
Political markets occasionally see longer settlement when outcomes hinge on official certification rather than the polling result itself — the proposer waits for the certifying body's announcement, which can push payout 12-48 hours past the calendar end-date. Funds clear directly to your in-app USDC balance on Polygon. Withdrawals are non-custodial: send to any address you control, typical confirmation under 30 seconds, gas paid in USDC if you'd rather not hold MATIC.
Minimum order size on PolyGram is $1.00, with no maximum cap aside from available book depth. Orders route into Polymarket's on-chain CLOB on Polygon; the matching engine pairs YES buyers with NO buyers atomically — every executed trade is settled on-chain with no counterparty risk. For "Mike Johnson out as Speaker by 2026?", political markets often see book depth concentrate in the 24-48 hours after a debate or policy event — spreads can widen to 3-5¢ for a few minutes after breaking news while makers re-price.
The trade ticket includes a slippage box (default 2%, configurable 0.1%-10%) that caps the worst-case entry price. Your maximum loss is your stake — winning YES (or NO) shares pay $1.00 each at resolution. With this market's current book depth ($27K of resting liquidity), a $100 order should fill with single-cent slippage at the displayed mid-price.
PolyGram charges 0% house edge — no spread mark-up, no rake on winnings, no withdrawal fees beyond network gas. The platform earns exclusively from optional features (copy-trade boosts, advanced order types, the yield vault on idle USDC); the trading surface itself is at-cost.
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The mechanics for trading "Mike Johnson out as Speaker by 2026?" are the same as any other PolyGram political event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$103K in lifetime turnover and $27K of resting liquidity puts this market in the around the median by volume for politics contracts on PolyGram. Order-book depth is modest — expect a couple of cents of slippage on $1k+ trades.
Last 24 hours alone saw $10 in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for 14 months — long enough that the order book is mature and price is well-anchored to fundamentals.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 31 December 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose. For "Mike Johnson out as Speaker by 2026?", the considerations above apply directly — Political markets are exposed to information asymmetry between insider and retail traders, and to last-minute polling shifts that can move the line 15-20¢ in the final 48 hours. Long-dated political contracts also carry meaningful time decay if the underlying race is close.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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