Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
90% | 10% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
90% | 10% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 1,900 | 90% |
| ↓ 1,800 | 77% |
| ↑ 2,000 | 62% |
| ↓ 1,700 | 45% |
| ↑ 2,100 | 40% |
| ↓ 1,600 | 27% |
| ↑ 2,200 | 19% |
| ↓ 1,500 | 15% |
| ↑ 2,300 | 12% |
| ↓ 1,400 | 10% |
| ↑ 2,400 | 7% |
| ↓ 1,300 | 5% |
| ↑ 2,500 | 4% |
| ↑ 2,600 | 2% |
| ↓ 1,200 | 2% |
| ↑ 3,000 | 1% |
| ↑ 2,700 | 1% |
| ↓ 1,100 | 1% |
| ↓ 1,000 | 1% |
| ↓ 900 | 1% |
Market context
Ethereum’s August trading range is the real-world event behind this market: whether ETH prints the relevant price level at any point during the month depends on intramonth volatility, not just where it closes. For a programmatic approach, traders usually model the question as a barrier-touch problem and monitor spot, perps, and volatility, then automate entries or hedges with conditional orders when ETH approaches the target bands.
Comparable August forecasts cluster far above the current crowd-implied 1% YES, which suggests the market is pricing an unlikely extreme rather than a base-case move. Recent third-party forecasts put August 2026 ETH around $1,717 to $3,399, with several estimates centring near $2,200 to $2,900, while market commentary has ETH struggling near $1,807-$2,100 in the short term.[1][2][3][4][5][8][10][11][17] That spread matters for interpretation: if the contract resolves on a “hit at any point in August” basis, even a conservative range can leave room for a brief wick; if liquidity stays thin, a single sharp move can matter more than the month-end level.
Traders should watch protocol and market catalysts that can alter the path quickly: ETF flow headlines, macro risk sentiment, and Ethereum-specific schedule changes around upgrades, staking, or L2 activity. News and forecast coverage in late July and early August have emphasised whether ETH can hold support around $1,800-$1,930 or reclaim $2,000, with the first resistance band around $2,029 and a broader zone near $2,400.[3][6] In practice, a bot-driven setup would track these levels with alert triggers, then use conditional orders or copy-trading rules to react if momentum breaks, rather than relying on a static end-of-month view.
Methodology
We track What price will Ethereum hit in August? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
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
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Polymarket Bot UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- 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?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Bot UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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