Polymarket alternatives
Polymarket alternatives in United States
Is Polymarket legal in United States?
Quick answer
Polymarket is partially available in the United States after the 2024 CFTC settlement. The Commodity Futures Trading Commission lets Polymarket offer certain event contracts to US persons, but state-level rules and individual market categories still produce a patchwork. Some traders without local access reach blocked categories via VPN, Polymarket's ToS gray zone applies the same way it does elsewhere.
Available alternatives in United States
| Platform | Status | Notes |
|---|---|---|
| Kalshi CFTC-regulated US exchange; USD settlement, KYC required. | Available | CFTC-regulated US exchange. Native US dollar settlement and full KYC, the clean choice for US residents. |
| Manifold Play-money prediction market, no real cash, free to use globally. | Available | — |
| PredictIt Academic political prediction market run by Victoria University of Wellington. | Restricted | Academic markets, capped positions. |
| Limitless Newer on-chain prediction market on Base; lower fees, smaller volume. | Available | — |
| Smarkets UK-licensed betting exchange with political and event markets. | Blocked | UK-licensed; not served in the US. |
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Regulatory context
The CFTC regulates US derivatives markets and event contracts. Its 2024 settlement with Polymarket sets the framework under which the platform may offer certain markets to US persons, with category-level restrictions evolving over time.
Official source: cftc.govAbout VPN access
Does it work with a VPN?
Yes, but it's a gray zone. A VPN swaps your IP, which is what Polymarket's geo-block reads. The platform doesn't endorse it. For something that works natively from United States without a workaround, the two platforms below are the cleaner path.
Other platforms in United States
Common questions
01Is Polymarket legal in United States?
Is Polymarket legal in United States?
Polymarket is partially available in the United States after the 2024 CFTC settlement. The Commodity Futures Trading Commission lets Polymarket offer certain event contracts to US persons, but state-level rules and individual market categories still produce a patchwork. Some traders without local access reach blocked categories via VPN, Polymarket's ToS gray zone applies the same way it does elsewhere.
02What's the best Polymarket alternative in United States?
What's the best Polymarket alternative in United States?
Kalshi, CFTC-regulated US exchange; USD settlement, KYC required. It works natively from United States and is the cleanest fallback when Polymarket isn't an option.
03How does Polymarket settle trades?
How does Polymarket settle trades?
In USDC on Polygon. Each market resolves YES or NO based on a UMA-coordinated oracle. Winning shares pay $1 USDC per share; losing shares are worthless. Withdrawals back to fiat happen via your own off-ramp.
04Does Polymarket require KYC?
Does Polymarket require KYC?
Lightweight by default, connect a wallet and start trading. Larger deposits and certain market categories trigger an in-flow KYC step. Restricted-jurisdiction residents are blocked at IP level before reaching the KYC funnel.
05Is Polymarket legal in the United States in 2026?
Is Polymarket legal in the United States in 2026?
Partially. After the November 2024 CFTC settlement, Polymarket may offer certain event contracts to US persons. Specific markets remain off-limits depending on category and state, and the exact list shifts over time. Check Polymarket directly for the current allowed catalog from your IP.
06Should I use Kalshi or Polymarket in the US?
Should I use Kalshi or Polymarket in the US?
Kalshi is the regulated default, CFTC-licensed, USD settlement, simpler tax reporting. Polymarket has broader market coverage and crypto-native settlement but a narrower US-accessible catalog. Most US traders end up using both.
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Polymarket, Kalshi, Manifold, Limitless, Smarkets, Qotify's vision AI reads any orderbook image and returns implied probability, fair value, edge, and a suggested action.