Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| June 30 | 100% |
| July 1 | 98% |
| July 17 | 98% |
| July 31 | 98% |
| July 10 | 95% |
| July 2 | 94% |
| July 3 | 87% |
| June 26 | 0% |
| June 29 | 0% |
Market context
Anthropic’s next Claude Sonnet model must be publicly launched before the settlement deadline of 31 July 2026, a timeline that currently carries a 93% implied probability of success. This high confidence mirrors the company’s recent cadence: Claude 3.5 Sonnet arrived in June 2024, Claude 3.7 Sonnet in February 2025, and the latest major upgrade, Claude Opus 4.8, was released on 28 May 2026[3]. Historically, Sonnet variants have followed roughly six-to-eight-month intervals after preceding major releases, suggesting a Sonnet 5 launch in early 2026 is plausible, though the absence of an official Sonnet 5 announcement yet introduces a small but meaningful divergence from the near-certain market odds[2].
Traders should monitor Anthropic’s transparency hub and upcoming developer announcements for any Sonnet 5.0 or 4.7 naming confirmations, as only models explicitly branded “Sonnet” qualify[8]. The release of Claude Fable 5 on 9 June 2026 and the limited availability of Mythos 5 indicate Anthropic is actively rolling out new models, but neither meets the Sonnet criteria[4]. With the settlement window closing in just over a year, the key catalyst is an official Sonnet-branded launch before July 2026; any delay beyond this would invalidate the contract, making the current 93% probability sensitive to even minor scheduling shifts. Recent community speculation points to a January 2026 window for Sonnet 5, but no corporate confirmation has been issued[2].
Methodology
We track Next Claude Sonnet released by 2026? 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
- 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.
- 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?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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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