MANIFOLD
Will Iran's regime fall in 2026?
960
Ṁ10kṀ1.1m
Dec 31
31%
chance

This market will resolve to “Yes” if, by December 31, 2026 at 11:59 PM Pacific Time (PT), the Islamic Republic of Iran is no longer the governing regime of Iran.

This includes scenarios in which the regime is overthrown, collapses, or otherwise ceases to govern, and a fundamentally different system replaces it. Qualifying scenarios may include:

  • Revolution

  • Civil war

  • Military coup

  • Voluntary abdication of power

  • Establishment of a new constitutional order, provisional government, or revolutionary authority

To qualify, there must be a broad consensus among credible international media (e.g. Reuters, AP, BBC, NYT) that the core institutions of the Islamic Republic—such as the Supreme Leader, Guardian Council, or IRGC under clerical control—have been dissolved, incapacitated, or replaced, and that the regime has lost sovereign authority over the majority of the population within Iran.

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I'm curious why this is so low? It seems like an intervention is almost guaranteed in the coming days.

https://www.aljazeera.com/news/2026/1/25/us-military-moves-navy-air-force-assets-to-the-middle-east-what-to-know

@asdf0ZQUz there's a big gap between "intervention" and "regime falling".

For e.g. the US has intervened in Venezuela but it would not be fair to describe the Venezuelan regime as having "fallen" (at least, not yet.); there's continuity with Maduro's VP having power now.


The US has also recently intervened in Yemen but the Houthi regime has not fallen.

US intervention against ISIS has eventually been broadly successful (in that ISIS is now much diminished) but it took a pretty long time to get to that point, and ISIS at its peak was significantly less powerful than Iran.


I don't expect that (e.g.) a reaper drone killing Khamenei would be enough to cause a regime change, and nor do I expect that the US has the appetite for a full-scale war with Iran this year, as much as the Holden Bloodfeasts of this world might want it

I'd also add that Iranians as a whole have a highly unfavourable view of the USA (this is relatively old data, but I don't expect it to have changed much - if anything, worsened):

In my opinion, with this background, there's a material risk that a US military intervention in Iran would actually bolster the regime's survival by refocusing everyone on their common enemy.

@draaglom I would assume that the US will support the Shah, who is decently popular,after removing Khameni.

@asdf0ZQUz right, and what I'm saying is that US support might be de-legitimising in a country that sees the US as its primary enemy.

Imagine if Trump had stolen the 2020 election and then China or Russia intervened militarily in support of Biden.

Setting aside the obvious implausibility of them actually achieving this, it would very likely immediately have polarised the US against Biden and secured massive support for Trump.

I don't really have a sense of if this is the most likely outcome of US intervention in Iran, but it seems at least pretty plausible.

https://www.theguardian.com/world/2026/jan/17/iran-plans-permanent-break-from-global-internet-say-activists

“A government spokesperson reportedly told Iranian media that the international internet would be shut off until at least Nowruz, the Persian new year, on 20 March.“

https://www.bbc.co.uk/news/articles/ckglee733wno

In a speech on Saturday, Ayatollah Ali Khamenei said thousands had been killed, "some in an inhuman, savage manner", and blamed the US for the deaths. [...] "Those linked to Israel and the US caused massive damage and killed several thousand," Khamenei said, quoted by Iranian state media. "We consider the US president criminal for the casualties, damages and slander he inflicted on the Iranian nation."

This is the least convincing blame deflection for quite some time, if Trump had actually done it he would be boasting

@SemioticRivalry Your facts and logic stand no chance against our collective cope.

YES holders, Keep Holding, HELP IS ON ITS WAY. MIGA!!!

@skibidist dude I fucking hope, I understand all the regional forces want stability but if the regime doesn't fall you don't really get stability either unless all you care about is oil through the shadow fleet 😂

I pray for the Iranian ppl

Sad but realistic analysis. No regime change likely:

https://x.com/i/status/2010790722027618359

@uair01 Q: isn't it the case that they cannot bomb well without a carrier in the area which will take a week to arrive? So any statements made until then are meaningless?

@skibidist I'm not sure what "bombing well" means, but that didn't stop Trump from bombing Iran's nuclear facilities last year.

@TimothyJohnson5c16 I'm thinking regime changing bombing will need to be more extensive than attacking point targets which was done using long range bombers. Experts on X say it's much riskier without a carrier nearby.

This is fine.

bought Ṁ500 NO

@skibidist Nothing ever happens

opened a Ṁ2,000 YES at 36% order

@SaiVazquez There is zero information content in this Tweet though.

@skibidist Currently -3% on Polymarket that Khamenei is out between July and December.

Good

Will this resolvs NO if Khamenei is gone but at the end of 2026 the incumbent system is still recognized as Islamic Republic?

@PoliticalEconomyPK To qualify, there must be a broad consensus among credible international media (e.g. Reuters, AP, BBC, NYT) that the core institutions of the Islamic Republic—such as the Supreme Leader, Guardian Council, or IRGC under clerical control—have been dissolved, incapacitated, or replaced, and that the regime has lost sovereign authority over the majority of the population within Iran.

@SemioticRivalry would you mind putting up your limit order again, I was just about to put 1k in

opened a Ṁ6,000 NO at 44% order

@MIMIRMAGNVS I’ll provide plenty of liquidity :)

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