Will Anthropic have the best AI model on the Chatbot Arena leaderboard at the end of July 2026?
chance the market gives this event โ not your chance of being right
- Yes โ The event happens
- 100%
- No โ The event does not happen
- 0%
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In short
The market treats this as effectively settled in Anthropic's favor. With the check happening at noon ET on 31 July 2026 and the leaderboard already showing an Anthropic model on top, there is almost no time left for a rival lab to overtake it before the snapshot is taken.
How the contract works
Probability
How the price has moved
Context
Analysis
What moves the probability
Current leaderboard standing
An Anthropic model already occupies the top rank on Chatbot Arena heading into the 31 July 2026 check. This is the dominant driver, since the contract asks only about the state at that one moment, not the whole month.
Time remaining before the check
With settlement fixed at noon ET on 31 July 2026, there is very little runway for a competing lab to release a new model and have it accumulate enough votes to overtake Anthropic's Arena score. This pushes the probability toward the extreme.
Rival model releases from OpenAI, Google or xAI
A surprise frontier release from a competitor in the final days of July could shift rankings quickly, since Chatbot Arena has seen leadership change hands before when a new model launches. This is the main scenario that could move the price away from its current level.
Tie-break mechanics
If two models finish with statistically close but technically distinct scores, ties are broken by the unrounded Arena score and then alphabetically by company name. This detail matters only in a near-tie scenario, which the current data does not suggest is close.
Leaderboard availability at check time
If lmarena.ai is inaccessible exactly at the 31 July 2026 check, resolution is delayed rather than defaulted, which affects timing but not the eventual outcome. This is a low-probability but non-zero operational risk.
The case for
- An Anthropic model must still occupy the top rank on the Chatbot Arena leaderboard (style control off) when it is checked at 12:00 PM ET on 31 July 2026.
- No rival lab ships and gains enough votes on a superior model in the remaining window before that check.
- If scores end up close, Anthropic's unrounded Arena score must exceed rivals, or alphabetical tie-break rules must favor it.
The case against
- A competing lab โ OpenAI, Google or xAI โ releases a new model in the final days of July 2026 that quickly accumulates votes and overtakes Anthropic's score.
- A shift in the underlying vote data or a leaderboard recalculation before the check moment changes the ranked order in ways not yet visible.
- If the leaderboard is unavailable at the exact check time, resolution is delayed, which does not change the outcome but extends uncertainty about when it is confirmed.
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- gas covered
Venues (1)
- PolymarketRecommendedYes100%1.00
- Volume (24h)
- US$70.3k
- Fee
- 4%
Probability
- Will Anthropic have the best AI model at the end of July 2026?100%
- Will Moonshot have the best AI model at the end of July 2026?0%
- Will OpenAI have the best AI model at the end of July 2026?0%
- Will Google have the best AI model at the end of July 2026?0%
- Will xAI have the best AI model at the end of July 2026?0%
- Will Meta have the best AI model at the end of July 2026?0%
- Will DeepSeek have the best AI model at the end of July 2026?0%
- Will Alibaba have the best AI model at the end of July 2026?0%
- Will Microsoft have the best AI model at the end of July 2026?0%
- Will Z.ai have the best AI model at the end of July 2026?0%
- Will ByteDance have the best AI model at the end of July 2026?0%
- Will Baidu have the best AI model at the end of July 2026?0%
Resolution rules
Resolution is based on the Chatbot Arena LLM Leaderboard at lmarena.ai/leaderboard/text, with style control off, checked at 12:00 PM ET on 31 July 2026. The contract resolves Yes if the top-ranked model at that moment belongs to Anthropic; ties are broken first by unrounded Arena score, then alphabetically by company name. If the leaderboard cannot be accessed at check time, resolution is delayed until it is reachable again.
Calculation methodology โLocal context
What to watch
Common questions
- What exactly settles this contract, and when?
- The Chatbot Arena LLM Leaderboard on lmarena.ai, with style control turned off, checked at 12:00 PM ET on 31 July 2026. If the top-ranked model belongs to Anthropic at that moment, the contract resolves Yes.
- What does a price of 100% actually mean here?
- It means the market currently prices this outcome as essentially certain, based on where the leaderboard stands today and how little time remains before the check. It is not a guarantee โ it is the collective view of everyone currently holding a position.
- What happens if the leaderboard is down or unreachable at the check time?
- The settlement rules specify that resolution is delayed until the leaderboard becomes accessible again, rather than defaulting to either outcome. This has not been needed so far.
- Why did the price briefly show 0% if it has otherwise stayed at 100%?
- The recorded range since the market opened spans 0% to 100%, meaning the price touched zero at some point, likely tied to a brief data or leaderboard refresh issue. It did not hold, and the price returned to 100% with no lasting effect on the trend.
- How often does the Chatbot Arena leaderboard change its top-ranked model?
- Historically, the top position has shifted whenever a lab ships a new frontier model that gathers enough user votes to overtake the incumbent score, which has happened periodically over the past two years among Anthropic, OpenAI, Google and xAI. With only about a day left before the July 2026 check, such a shift would need to happen very quickly to affect this outcome.
- Can a position in this contract be closed before 31 July 2026?
- Yes. Positions can generally be sold on the venue where they were opened at whatever price is quoted at the time, rather than held until the settlement check.