Pakistan says it remains committed to mediating the US-Iran conflict after the recent collapse of talks. The odds of Iran surrendering its enriched uranium by April 30 sit at 2% YES, down from 6% just 24 hours ago.
Market reaction
The market for Iran surrendering enriched uranium by June 30 also dropped, now at 24% YES, down from 26% a day ago. The December 31 market holds steady at 40% YES. The 22-point gap between the April 30 and June 30 contracts suggests traders expect some possibility of progress over the next couple of months, but not imminently.
The market for Trump agreeing to Iranian demands in April, such as oil sanction relief, sits at 7% YES, having halved from 14% in the last day. That drop tracks the stalled negotiations, with traders pricing in a continued diplomatic impasse.
Why it matters
The Iran uranium surrender markets see combined daily face value of $289,200, with $39,286 in actual USDC traded. The order book is thin: just $9,564 is needed to move the April 30 odds 5 points. Any concrete diplomatic development could move these markets fast.
What to watch
Pakistan’s mediation has not yet produced results, and markets reflect that. A YES share in the April 30 uranium surrender market at 2¢ offers a 50x return, which is the market’s way of saying almost nobody expects a deal by then. Watch for statements from Pakistan or any unexpected US or Iranian diplomatic moves, which could shift trader sentiment quickly.
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Iran Agrees To Surrender Enriched Uranium Stockpile| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30, 2026 | 2.2% | — | — | Trade → |
| December 31, 2026 | 40% | — | — | Trade → |
| June 30, 2026 | 24.5% | — | — | Trade → |
| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April | 7% | — | — | Trade → |
