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.
| # | Outcome | Probability | Volume |
|---|---|---|---|
| 1 | Mojtaba Khamenei | 55% | $991K |
| 2 | Reza Pahlavi | 12% | $121K |
| 3 | Mohammad-Bagher Ghalibaf | 5% | $158K |
| 4 | Hassan Khomeini | 5% | $666K |
| 5 | Hassan Rouhani | 3% | $264K |
| 6 | No Head of State | 3% | $360K |
| 7 | Sadegh Larijani | 2% | $169K |
| 8 | Alireza Arafi | 2% | $768K |
| 9 | Mahmoud Ahmadinejad | 1% | $45K |
| 10 | Masoud Pezeshkian | 1% | $233K |
| 11 | Maryam Rajavi | 1% | $237K |
| 12 | Nasir Hosseini | 1% | $11K |
| 13 | Ali Asghar Hejazi | 1% | $71K |
| 14 | Mohammad Khatami | 1% | $225K |
Real-money prediction market · Trade with confidence
As of Mar 31, 2026 at 04:10 UTC, the leading outcome is Mojtaba Khamenei at 55% probability, with $5.6M in total trading volume on Polymarket.
The total trading volume for this market is $5.6M, with $49K traded in the last 24 hours. This represents real money at stake from prediction market traders on Polymarket.
Market Insights · Election Odds · Biggest Movers · Odds Calculator · Compare Platforms · Alternatives · What Are Prediction Markets? · How to Trade