Will Mojtaba Khamenei be head of state in Iran end of 2026?
84%chance, according to the market
Backed by $41K traded in the last 24 hours — this is a price people are staking money on, not a forecast.
How the price has moved
On Aug 4 the market put this at 79%.
Aug 4now 84%
How this resolves
The rules below decide who gets paid. Read them before the price — most surprises are definitional, not predictive.
This market will resolve to the individual who de facto holds and exercises the powers of the head of state of the Islamic Republic of Iran on December 31, 2026 at 12:00 PM ET.
For the purposes of this market, “de facto holds” refers to the individual who exercises primary governing authority over the Iranian state at that time, including effective control over the armed forces, national institutions, and core executive decision-making, regardless of formal title, constitutional designation, or international recognition.
Formal appointment, recognition by the United Nations, or recognition by foreign governments is not required.
If more than one individual claims to be head of state, this market will resolve to the individual who demonstrably exercises primary governing control within Iran’s territory at the specified time.
Indicators of de facto authority may include control over the armed forces and security services; control over executive ministries and state administrative institutions; enforcement of national laws; issuance of binding national directives; and effective control over the capital and core state infrastructure.
Symbolic status, foreign recognition without domestic control, nomination without effective authority, or expired prior service will not qualify.
If no individual exercises effective governing control at the specified time, this market will resolve to “No Head of State”.
The primary resolution source will be a consensus of credible reporting assessing who exercises effective governing authority at the specified time.
Guides
Background worth reading before you trade this.
- ANALYSISHow to trade the oil shock after the Saudi pipeline strikeWith Hormuz closed and Saudi Arabia's bypass pipeline shut, WTI $110 jumped from 14.5c to 47c. A three-leg basket for the scenario the market prices, and where it loses.
- ANALYSISIran de-escalation basket: calm is priced, talks are notFive Iran contracts settling 30 September. Three are already decided and cost most of the money; two carry the whole trade. What $100 actually returns.
- ANALYSISWhat the Strait of Hormuz markets are actually pricingThe Hormuz reopening markets don't settle on news. They settle on one number published by IMF PortWatch — and until you know that number, you are trading the wrong question.
Follow this market, or take a position, straight from Telegram.
Trade this marketPrice as of 2026-09-21 12:25 UTC · Source: Polymarket