19%yes · live odds
Do not citeUnder-measured: 1 of 6 pillarsMeasurement certainty Low
Odds via Polymarket public API. Verdict is an experimental market-quality diagnostic, not advice.
+5.0 pts 24h

Part of event: Iran charges Hormuz fees by...? · iran-charges-hormuz-fees-byptptpt-20260625175035466

Market structure and 24h change as reported by Polymarket's public API.

Top of book

Best bid

0.180

Best ask

0.200

Spread

11% of mid

2.00 pts

As reported by Polymarket's public API at 15:15 UTC; top of book, not full depth; per-side depth not shown. The spread is shown against the midpoint of the two quotes above, which is arithmetic on the venue's figures, not a figure the venue reports.

Volume

24h volume

$9,249

Total volume

$59,642

Volume as reported by Polymarket's public API.

Resolution rules

Rules as stated by Polymarket, reproduced verbatim. Convexly has not independently reviewed them and does not endorse them; the rating's resolution-reliability pillar treats rule text as present but not independently reviewed.

This market resolves to “Yes” if the Iranian government officially announces and begins collecting fees, tolls, charges, tariffs, or similar payments from commercial vessels which are mandatory for passage through or access to the Strait of Hormuz between market creation and the specified date, 11:59 PM ET. Otherwise, this market resolves to “No.” A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify. A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify). Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria: 1) An official announcement from the Iranian government that such a fee is being, or will be, implemented. 2) A consensus of credible reporting that collection of the fee has begun. Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify. The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.Show the full rules text

This market resolves to “Yes” if the Iranian government officially announces and begins collecting fees, tolls, charges, tariffs, or similar payments from commercial vessels which are mandatory for passage through or access to the Strait of Hormuz between market creation and the specified date, 11:59 PM ET. Otherwise, this market resolves to “No.” A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify. A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify). Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria: 1) An official announcement from the Iranian government that such a fee is being, or will be, implemented. 2) A consensus of credible reporting that collection of the fee has begun. Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify. The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.

Resolution mechanics

Resolution parameters as stated by Polymarket.

Resolved by (UMA adapter)
0x65070BE91477460D8A7AeEb94ef92fe056C2f2A7
Proposer bond
$500 proposer bond
Proposer reward
$5 proposer reward

Market Trust diagnostic · v0.2 candidate

Iran charges Hormuz fees by September 30?

This market is not in the v0.1 daily card set yet. The v0.2 diagnostic scorecard below shows the per-pillar contribution from the latest materializer run, with visible caveats and evidence-status separation.

Why this rating

Why this rating

Composite 57 · Do not cite

Measurement certainty

Low

1 measured · 3 modeled · 2 not assessed

Certainty reflects how much of this market we measured, not how good the market is.

  • CoherenceModeled estimatefixed rules, not a per-market measurementweight 25.0

    No full-provenance CME signal is linked to this condition in the current ledger window; absence of a signal is not proof of coherence.

    • · no linked cme signal in window
    • · absence of signal not proof of coherence
    • · cme signal window days: 7
    • · recent full provenance signals: 23
    50+17.9
  • ExecutabilityModeled estimatefixed rules, not a per-market measurementweight 20.0

    Executability scored as worse-of(spread, depth) from a single orderbook snapshot; the two were merged from the former liquidity + depth pillars to stop double-counting one correlated source.

    • · executability worse of spread depth
    • · spread: top-of-book spread 2.0c
    • · spread: pp-band-to-cents-band approximation in effect (depth_5pct_usd/2 per side); per-side decomposition pending substrate work
    • · spread: scorer_version:M2
    45+12.9
  • Resolution reliabilityModeled estimatefixed rules, not a per-market measurementweight 20.0

    Resolution source and rule text are present but not independently reviewed.

    • · resolution metadata present manual review pending
    70+20.0
  • Participant flowNot assessednot yet measured for this marketweight 20.0

    No participant flow rollup materialized yet.

    • · participant flow pending
    not assessednot assessed
  • Integrity-risk screenNot assessednot yet measured for this marketweight 10.0

    No participant concentration rollup materialized yet.

    • · missing input
    not assessednot assessed
  • Audit completenessMeasuredweight 5.0

    3 linked artifacts; 1 missing hashes; 0 stale/failing sources.

    • · artifact hash missing
    • · source watermarks healthy
    85+6.1

How it adds up: composite = Σ(score × weight) / Σ(weight) across measured + heuristic pillars only. Pending and data-rights-blocked pillars are excluded from both numerator and denominator. Total contributing weight = 70.0.

Caveat: 2 pillars not assessed yet; the score will recompute as the substrate fills in.

Structural coherence read

The Coherent Markets Engine checks this market's pricing for structural inconsistencies against related markets. Whether a current signal exists, and its construction, is included with Researcher.

See Researcher

Market opened 2026-08-07 · minimum order size 5 shares · price tick size 0.010 · as stated by Polymarket.