Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket Tax UK Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Polymarket Tax UK → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Polymarket Tax UK → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Polymarket Tax UK → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Polymarket Tax UK → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Polymarket Tax UK → |
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 Tax UK.
Active sub-markets
| Rafael López Aliaga | 0% YES | 100% NO |
| Carlos Álvarez | 0% YES | 100% NO |
| César Acuña | 0% YES | 100% NO |
| Vladimir Cerrón | 0% YES | 100% NO |
| Roberto Chiabra | 0% YES | 100% NO |
| Enrique Valderrama | 0% YES | 100% NO |
Market context
Peru will hold general elections on 12 April 2026 to elect its next president. The winner must secure either an outright majority in the first round or advance to a runoff if no candidate exceeds 50 per cent of valid votes. Peru's electoral framework has produced volatile outcomes in recent cycles: Pedro Castillo won in 2021 with 19 per cent in the first round before defeating Keiko Fujimori in a polarised second round, whilst Castillo's subsequent removal from office in December 2022 triggered political instability that shaped subsequent electoral dynamics. Current crowd probability of 0 per cent reflects the market's nascent stage, with candidate declarations and polling data still emerging as the election approaches.
Key catalysts include formal candidate registrations with Peru's National Electoral Jury (JNE), scheduled polling releases tracking frontrunner positioning, and any constitutional or legal challenges to candidacies—a recurring feature of Peruvian elections. The JNE typically announces final candidate lists approximately four months before election day. International observers from the Organisation of American States and other bodies will monitor proceedings; their preliminary reports often influence market sentiment in the weeks following voting.
From a regulatory standpoint, this market operates under German GlüStV provisions where applicable to EU traders, whilst US CFTC jurisdiction extends to US persons regardless of location. The no-KYC threshold of $1,500 USD on certain platforms permits retail participation without identity verification up to that stake level, though larger positions trigger standard compliance requirements. Settlement depends on official JNE certification, with the October 2026 deadline allowing for potential second-round delays.
Methodology
We track Peru Presidential Election Winner on the five venues with material liquidity for prediction markets. Live odds come from the Polymarket Polygon order book — the only source that ships real-time data under an open licence. For Kalshi, Betfair and Manifold we list platform attributes (fee, KYC, settlement, payment) instead of fabricated odds, because their APIs use non-comparable contract definitions.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- Is this market available outside the US?
- Polymarket Tax UK is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
- 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 Tax UK 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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