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US-Iran Conflict Spurs $600M in Bets, Polymarket Launches Multiple Related Contracts
BlockBeats News, March 1st: After the United States launched an airstrike against Iran, decentralized prediction platform Polymarket quickly launched over a dozen contracts related to the US-Iran conflict, with a total wager amount exceeding $600 million.
Among them, the contract "Will Khamenei lose his position as the Supreme Leader by March 31st" settled at 100% after confirmation of his death, with a single-market trading volume of $45 million. The "Will the US strike Iran by a certain date" contract, launched last December, has accumulated a total trading volume of $529 million, becoming one of the largest markets in the platform's history.
In addition, the probability of the "Iranian regime collapsing by June 30th" contract has currently risen to 54%, and the probability of the "US deploying military forces to Iran by March 7th" contract is approximately 28%.
On-chain analytics firm Bubblemaps pointed out that six wallets accurately bet on "the US striking Iran on the same day" before the February 28th airstrike, with a total profit of around $1.2 million, raising concerns about potential insider trading.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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