Following the U.S. and Israel's airstrikes on Iran, geopolitical bets on the Polymarket platform surged, covering topics such as ceasefire timelines, regime changes, and leadership succession. The largest market bet that Supreme Leader Khamenei would step down by March 31st, and after his death was confirmed, the market reached a trading volume of $45 million with a 100% trading ratio. Currently active market predictions indicate a 54% chance that the Iranian regime will fall before June 30th, and a 61% chance that the U.S. and Iran will reach a ceasefire before March 31st. On-chain analysis shows that some wallets profited $1.2 million by accurately predicting the airstrike date.