Trade: Which team will replace Iran at FIFA World Cup?
Resolution criteria on PolyGram: This market will resolve in favor of the men’s national team that is confirmed by FIFA to replace the Football Federation Islamic Republic of Iran (IR) at the 2026 FIFA World Cup. If an unlisted men’s national team is officially announced to replace Iran at the 2026 FIFA World Cup, this market will resolve to “Other” If the 2026 FIFA World Cup is cancelled, postponed after December 31 2026, 11:59 PM ET, or there is no confirmation that any team will replace Iran within that timeframe, the corresponding market will resolve to “No Replacement”.
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.
- Liquidity
- $6K
- Total Volume
- $25K
- 24h Volume
- $27
- Open Interest
- $11K
Market outcomes
| Italy | 5% YES | 95% NO |
| No Replacement | 75% YES | 25% NO |
| Bolivia | 0% YES | 100% NO |
| UAE | 11% YES | 89% NO |
| Other | 1% YES | 99% NO |
Market context
Iran's participation in the 2026 FIFA World Cup remains uncertain following geopolitical tensions and ongoing discussions regarding potential sanctions or bans by FIFA. The 6% implied probability on Polymarket's order book reflects the current assessment that a replacement team will be named, though this remains a low-probability event. The market settles based on official FIFA confirmation of any team replacing Iran before 31 August 2026, with resolution to "Other" if an unlisted nation steps in, or "No Replacement" if no substitution occurs within the timeframe.
Historical precedent offers limited guidance for this scenario. Iran has competed in five World Cups since 1978 without prior removal, though FIFA has suspended national federations for various infractions. The most comparable recent case involved Russia's exclusion from the 2022 World Cup following invasion of Ukraine, though that occurred with shorter notice and different circumstances. The current 6% probability suggests traders view an Iran ban or replacement as unlikely relative to the team's participation, reflecting both the rarity of such interventions and uncertainty around FIFA's enforcement mechanisms.
Key catalysts include formal announcements from FIFA regarding Iran's eligibility, typically issued months before tournament play. Traders should monitor statements from the International Football Federation and any developments in geopolitical or governance disputes affecting Iran's federation. The 2026 tournament commences in June, meaning significant decisions on team participation must crystallise well before the August settlement deadline. Any FIFA Council meetings or official correspondence regarding Iran's status would materially shift market pricing from current levels.
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How this market resolves
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.
How to trade this market step by step
The mechanics for trading "Which team will replace Iran at FIFA World Cup?" are the same as any other PolyGram 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.
- Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
- Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
- Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
- Size your position. If you stake 100 USDC at 50% YES, you'll receive shares that pay $200 if YES resolves true — a 100% gross return. If NO resolves, your shares are worth $0.
- Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
- Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.
How active is this market?
$25K in lifetime turnover and $6K of resting liquidity puts this market in the around the median by volume for world cup contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
Last 24 hours alone saw $27 in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for under a month — fresh enough that information asymmetry remains a real factor.
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.
Key terms
- YES / NO share
- A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
- CLOB
- Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
- Liquidity
- USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
- UMA optimistic oracle
- The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
- Slippage
- The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
- Conditional token
- ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.
Frequently asked questions
How does this market resolve?
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.
When does this market close?
This prediction market is scheduled to close on 31 August 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.
How can I trade on "Which team will replace Iran at FIFA World Cup?"?
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.
What happens when the market resolves?
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.
Risk and regulatory note
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.
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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