Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
6% | 94% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
6% | 94% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on PolyGram → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on PolyGram → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on PolyGram → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on PolyGram → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on PolyGram.
Active sub-markets
| Alex Pereira | 6% YES | 94% NO |
| Magomed Ankalaev | 15% YES | 85% NO |
| Khalil Rountree Jr. | 2% YES | 98% NO |
| Azamat Murzakanov | 1% YES | 99% NO |
| Volkan Oezdemir | 7% YES | 93% NO |
| Bogdan Guskov | 9% YES | 91% NO |
Market context
The UFC Light Heavyweight championship will be held by a single fighter on 31 December 2026. Currently, Alex Pereira holds the title after defeating Jamahal Hill in November 2024, though Hill's interim reign and subsequent injury history underscore the division's volatility. The 6% implied probability for this specific outcome reflects substantial uncertainty about whether Pereira retains the belt across a full calendar year, or whether injury, defeat, or promotional restructuring creates a vacancy or transition.
Historical precedent suggests light heavyweight title tenures are moderately stable but not guaranteed. Jon Jones held the belt for extended periods before moving to heavyweight; Daniel Cormier's reign was interrupted by injury; and recent champions including Hill and Glover Teixeira experienced forced absences. A champion remaining in place for twelve months requires avoiding injury during training and competition, securing at least one successful title defence, and the UFC maintaining the division's prominence. The 6% figure sits notably below typical sportsbook odds for defending champions in established divisions, suggesting prediction-market participants are pricing in elevated risk from Pereira's injury history or the possibility of a title move.
Traders should monitor Pereira's next scheduled defence, typically announced 8–12 weeks before event dates. Hill's recovery timeline and potential return to contention, along with emerging challengers like Magomed Ankalaev, will shape the competitive landscape. Any announcement of Pereira moving to heavyweight or a significant injury would immediately alter the resolution pathway. The settlement window extends through year-end 2026, meaning late-year title changes or vacancies remain material to final resolution.
Methodology
This page is a comparison snapshot: one live quote (Polymarket), four reference venues with their key attributes, and a single execution path — every trade button routes to PolyGram, 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'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.
- 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?
- Not under $1,500 of lifetime trading volume. Above that threshold, PolyGram triggers a quick verification flow that finishes in minutes.
- 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 Who will be UFC Light Heavyweight champion at the en… on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
Trade on PolyGram →