Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means

https://media.thenextweb.com/2026/06/polymarket-345-million-iran-peace-deal-dispute-uma-whale-voting.avif

TL;DR

Polymarket’s $345M Iran peace deal market is in dispute because the interim agreement may not meet the contract’s “permanent” peace requirement.

Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced an agreement over the weekend, but it is not clear that the announcement meets the terms written into the contracts.

The dispute centres on one word: permanent. Polymarket’s resolution rules require that any qualifying agreement “explicitly indicate that military hostilities between the United States and Iran have ended or will permanently cease.” Temporary ceasefires do not count.

What actually happened is more ambiguous. On Saturday, Pakistani Prime Minister Shehbaz Sharif announced that the two countries had reached a deal involving the “immediate and permanent termination...

Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE

Read more

https://cdn.mos.cms.futurecdn.net/RibY3oNYGMDKHBwzsovXRk-1024-80.jpg

Quote of the day by NSA Whistleblower Edward Snowden on the 'nothing to hide' argument: 'No different than saying you don't care about free speech because you have nothing to say'

Since disclosing massive global surveillance programs, the former US National Security Agency (NSA) contractor Edward Snowden has been campaigning to strengthen privacy and the right of citizens to not be monitored by government agencies. Nothing to hide Snowden published his memoir, Permanent Record, in 2019 as a means to convey