Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket Alternative Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Polymarket Alternative → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Polymarket Alternative → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Polymarket Alternative → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Polymarket Alternative → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Polymarket Alternative → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on Polymarket Alternative.
Active sub-markets
Market context
The underlying real-world event is the closing price of Ethereum on 22 June 2026, a specific timestamp that determines settlement for prediction markets across platforms. On that morning, Ethereum opened at $1,704.90, dipped 2% from Sunday, then recovered to $1,775.80 by mid-morning, reflecting intraday volatility within a narrow $70 range[3]. Historical data shows the asset traded between $1,707.01 and $1,778.63 on 22 June, with a daily close of $1,739.65 and a modest +1.91% gain[6]. This recent price action, following a sharp selloff over the prior week, frames the current 0% crowd-implied probability as a reflection of market consensus that extreme price moves are unlikely under current conditions[5].
Traders should monitor upcoming Ethereum network announcements, Federal Reserve interest rate schedules, and Bitcoin’s support at the 200-week simple moving average near $60,000, which often correlates with ETH stability[5]. Platforms diverge significantly in how they present this data: Polymarket uses implied probability (0% YES), whereas Kalshi, Betfair, and Smarkets typically display decimal odds, altering how risk is perceived[1]. Fee structures also vary, with some books offering zero maker fees but charging higher taker spreads, while others impose flat transaction fees regardless of trade size. KYC requirements further distinguish these markets; Polymarket permits non-custodial access with minimal verification, whereas Kalshi mandates full identity checks and US residency, limiting global participation[7]. These structural differences shape liquidity depth and pricing efficiency on this specific ETH price market.
Methodology
This page compares What price will Ethereum hit on June 22? specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. Live odds come from the Polymarket order book; the other venues' contract details are maintained manually because their APIs aren't directly comparable. Every CTA routes to Polymarket Alternative, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement is the biggest difference between the four platforms: Polymarket on-chain in USDC (instant), Kalshi USD via CFTC (T+1), Betfair and Smarkets in local currency via bank withdrawal (T+1 to T+3). Polymarket Alternative routes every trade directly into Polymarket's on-chain settlement, which is why payouts land fastest.
FAQ
- Where can I trade this market with the lowest fees?
- On Polymarket Alternative, which mirrors the Polymarket order book at 0% fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- Do I need to KYC for this market?
- Not under $1,500 of lifetime trading volume. Above that threshold, Polymarket Alternative triggers a quick verification flow that finishes in minutes.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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