The US-Iran nuclear deal market has hit a record 80% YES, following President Trump’s hints at progress in negotiations. Tehran denies any uranium handover.
The odds shift follows direct talks in Islamabad, which ended inconclusively on April 12. The June 30 diplomatic meeting market prices “no qualifying meeting” at 2% YES, meaning traders overwhelmingly expect further discussions within 75 days. The low cost to move this market ($408) makes it vulnerable to shifts from minor news or speculation.
The Iran uranium enrichment market is priced at 55.5% YES, up from 35% a day ago, reflecting optimism about Iran agreeing to US demands by the April 30 deadline. The move tracks with Trump’s optimistic messaging, though Tehran’s rebuttals complicate the picture.
Trading volume differs sharply between the two markets. The diplomatic meeting market sees just $104 in daily USDC volume, signaling limited conviction. The uranium enrichment market, by contrast, has $23,824 in daily USDC throughput. The largest recent move was a 3-point spike, suggesting a significant order or concentrated trader conviction.
At 39¢, a YES on Iran ending enrichment by April 30 pays $1, a 2.55x return. Traders buying at this price need to believe a breakthrough happens within the 14-day window.
Watch for official announcements from both countries, particularly confirmations of new talks or mediation breakthroughs. The US-Iran ceasefire is set to expire on April 22.
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Where Will The Next Us Iran Diplomatic Meeting Happen 455| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| June 30 | 2.5% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 55.5% | — | — | Trade → |
