US-Iran talks set for Sunday amid active naval blockade

US-Iran talks are scheduled for Sunday, with the US-Iran permanent peace deal by April 22 market now at 41.5% YES, up from 12% a week ago.

The news pushed Iran uranium enrichment agreement by April 30 odds to 52.2% YES, up from 35% yesterday, as traders price in the possibility that talks address nuclear issues. The April 30 peace deal market is at 60.5% YES, nearly double its level from a week ago.

The biggest move today was in the May 31 peace deal market, where odds jumped 10 points to 55.5% at 5:10 PM. Traders are betting on a breakthrough either during or shortly after Sunday’s talks. The 21-point spread between the April 30 and May 31 contracts suggests traders expect a major catalyst somewhere in that window.

The permanent peace deal market has $698,114 in USDC traded, with $16,317 needed to shift odds by 5 points. That combination — high volume but a relatively low threshold for price movement — means large orders can still swing the market.

A US naval blockade remains active, so these talks are happening under direct military pressure. A YES share at 15¢ pays $1 if a peace deal happens by April 22, a 6.67x return on a bet that a deal gets done in days.

Watch for statements from Trump or Pakistan’s mediators before and after Sunday’s session. Any confirmation of progress or breakdown will move these contracts.