Venezuela leader end of 2026?
Short Answer
1. Market Behavior & Drivers
- Since last update (~27d): Our model increased Delcy Rodríguez's probability by +8.7pp, flipping the edge, while the market held steady.
- Nicolás Maduro's model probability decreased by -7.7pp, flipping the edge as market sentiment rose.
- María Corina Machado's market probability fell by -1.7pp, widening the edge, tracking a smaller model drop.
- Nicolás Maduro appears most likely, despite his January 2026 U.S. arrest.
- Delcy Rodríguez gained U.S. support, becoming acting president after Maduro's arrest.
- No clear political milestones for a permanent Venezuelan leader by late 2026.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Richard Grenell | 0.1% | 0.1% | Richard Grenell, a former Trump advisor, may be nominated for a leadership role if Trump becomes president. |
| Frank Donovan | 0.2% | 0.2% | Frank Donovan, a former Trump advisor, may be nominated for a leadership role if Trump becomes president. |
| Pete Hegseth | 0.1% | 0.1% | There is no plausible scenario for Pete Hegseth to become the leader of Venezuela. |
| Evan Pettus | 0.1% | 0.1% | Evan Pettus, a former Trump advisor, may be nominated for a leadership role if Trump becomes president. |
| Dan Caine | 0.1% | 0.1% | Dan Caine, a former Trump advisor, may be nominated for a leadership role if Trump becomes president. |
Current Context
Sources (18)
- 1Venezuela's Post-Maduro Political Transition and U.S. Policyeverycrsreport.com
- 2Venezuela's Post-Maduro Political Transition and U.S. Policycongress.gov
- 3Venezuela Oil Sector: Context for Recent Developmentscongress.gov
- 4U.S. Capture of Venezuela's Nicolás Madurocongress.gov
- 5View TXT in new windowcongress.gov
- 6Trump administration doubles reward for arrest of Venezuela’s president to $50m | US news | The Guardiantheguardian.com
- 7US doubles reward for arrest of Venezuela’s President Maduro to $50m | Crime News | Al Jazeeraaljazeera.com
- 8Attorney General offers $50 million bounty for Venezuelan President | Fox Newsfoxnews.com
- 9U.S. increases bounty to $50M for Venezuela's Nicolas Maduro - UPI.comupi.com
- 10US increases reward for arrest of Venezuela's Maduro to $50 million | The Starthestar.com.my
- 11How Trump took control of Venezuela's democratic transitionpolitico.com
- 12The U.S. Venezuela oil deal won’t lower your gas prices. Here’s what you need to know: NPRnpr.org
- 13Venezuela: Overview of U.S. Sanctions Policycongress.gov
- 14Washington controls Venezuela and its money, raising questions over seized oil billions - ABC Newsabc.net.au
- 15Venezuela's Post-Maduro Political Transition and U.S. Policyeverycrsreport.com
- 16U.S. Capture of Venezuela’s Nicolás Maduro: Considerations for Congresscongress.gov
- 17Venezuela Oil Sector: Context for Recent Developmentscongress.gov
- 18Trump announces 'historic' US-Venezuela oil deal that he says will lower gas prices - ABC Newsabcnews.com
2. Price Chart
Historical Price (Probability)
3. Market Data
Contract Snapshot
This Kalshi market resolves to the individual officially holding the head of state position in Venezuela on December 31, 2026, at 12 PM ET. An individual "officially holds" the role if formally appointed, confirmed, and sworn in, or confirmed by official government information; temporary power assignments, unofficial capacities, or future-dated appointments do not qualify. Resolution relies primarily on official Venezuelan government sources, defaulting to the UN's Head of State list or credible reporting if unclear, or to "No Head of State" if no individual officially holds the role; in case of multiple listed heads of state, the individual with primary status or who first assumed the position will be selected.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Nicolás Maduro | $0.84 | $0.17 | 84% |
| Delcy Rodríguez | $0.11 | $0.90 | 10% |
| María Corina Machado | $0.02 | $0.98 | 2% |
| No Head of State | $0.01 | $0.99 | 1% |
| Edmundo González | $0.00 | $1.00 | 0% |
| Diosdado Cabello Rondón | $0.00 | $1.00 | 0% |
| Frank Donovan | $0.00 | $1.00 | 0% |
| Jorge Rodríguez | $0.00 | $1.00 | 0% |
| Dan Caine | $0.00 | $1.00 | 0% |
| Dinorah Figuera | $0.00 | $1.00 | 0% |
| Donald Trump | $0.00 | $1.00 | 0% |
| Evan Pettus | $0.00 | $1.00 | 0% |
| Marco Rubio | $0.00 | $1.00 | 0% |
| Pete Hegseth | $0.00 | $1.00 | 0% |
| Richard Grenell | $0.00 | $1.00 | 0% |
| Vladimir Padrino López | $0.00 | $1.00 | 0% |
| Leader 1 | $1.00 | $1.00 | 0% |
| Leader 10 | $1.00 | $1.00 | 0% |
| Leader 11 | $1.00 | $1.00 | 0% |
| Leader 12 | $1.00 | $1.00 | 0% |
| Leader 13 | $1.00 | $1.00 | 0% |
| Leader 14 | $1.00 | $1.00 | 0% |
| Leader 15 | $1.00 | $1.00 | 0% |
| Leader 16 | $1.00 | $1.00 | 0% |
| Leader 17 | $1.00 | $1.00 | 0% |
| Leader 18 | $1.00 | $1.00 | 0% |
| Leader 19 | $1.00 | $1.00 | 0% |
| Leader 2 | $1.00 | $1.00 | 0% |
| Leader 20 | $1.00 | $1.00 | 0% |
| Leader 21 | $1.00 | $1.00 | 0% |
| Leader 22 | $1.00 | $1.00 | 0% |
| Leader 23 | $1.00 | $1.00 | 0% |
| Leader 24 | $1.00 | $1.00 | 0% |
| Leader 25 | $1.00 | $1.00 | 0% |
| Leader 26 | $1.00 | $1.00 | 0% |
| Leader 27 | $1.00 | $1.00 | 0% |
| Leader 28 | $1.00 | $1.00 | 0% |
| Leader 29 | $1.00 | $1.00 | 0% |
| Leader 3 | $1.00 | $1.00 | 0% |
| Leader 30 | $1.00 | $1.00 | 0% |
| Leader 31 | $1.00 | $1.00 | 0% |
| Leader 32 | $1.00 | $1.00 | 0% |
| Leader 33 | $1.00 | $1.00 | 0% |
| Leader 34 | $1.00 | $1.00 | 0% |
| Leader 35 | $1.00 | $1.00 | 0% |
| Leader 36 | $1.00 | $1.00 | 0% |
| Leader 37 | $1.00 | $1.00 | 0% |
| Leader 38 | $1.00 | $1.00 | 0% |
| Leader 39 | $1.00 | $1.00 | 0% |
| Leader 4 | $1.00 | $1.00 | 0% |
| Leader 40 | $1.00 | $1.00 | 0% |
| Leader 5 | $1.00 | $1.00 | 0% |
| Leader 6 | $1.00 | $1.00 | 0% |
| Leader 7 | $1.00 | $1.00 | 0% |
| Leader 8 | $1.00 | $1.00 | 0% |
| Leader 9 | $1.00 | $1.00 | 0% |
| Other | $1.00 | $1.00 | 0% |
Market Discussion
Traders on Polymarket overwhelmingly predict Nicolás Maduro will remain Venezuela's head of state by the end of 2026, with an 83.5% probability. This strong consensus is based on the market's resolution rules emphasizing formal recognition, even if Maduro were hypothetically captured, as the regime's interim arrangements for Delcy Rodríguez (11% probability) are viewed as preserving rather than replacing Maduro's presidency. The market context highlights slow political change, ongoing talks focusing on reforms instead of immediate elections, and the sidelining of key opposition figures, all reinforcing the high likelihood of Maduro retaining formal recognition.
4. Trust Index
Official decision: one office decides and holds the answer before the public
Integrity risk· Information exposure
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
5. What political milestones are required for the Trump administration to formally recognize a permanent Venezuelan leader by the end of 2026?
| Rodríguez State Dept. Recognition | March 5, 2026 [1][2][3][4] |
|---|---|
| Permanent Leader Recognition | No defined political milestones or constitutional deadlines by end of 2026 [5] |
| Maduro Official Leader Status | High consensus in prediction markets to remain official leader by year-end 2026 [6][7][8] |
Sources (11)
- 1Trump seeks immunity for Venezuela's Delcy Rodríguezmiamiherald.com
- 2Venezuela's Post-Maduro Political Transition and U.S. Policyeverycrsreport.com
- 3Trump says US is taking partial control of Venezuela's vast oil reserves | Reutersreuters.com
- 4What’s behind the US deal to seize control of Venezuelan oil reserves? | Donald Trump News | Al Jazeeraaljazeera.com
- 5Delcy Rodríguez, three months as president of Venezuela under Trump’s watchful eye | International | EL PAÍS Englishenglish.elpais.com
- 6Venezuela leader end of 2026? | Kalshi UK [79% Yes]kalshi-uk.co.uk
- 7Venezuela leader end of 2026? | Trump Prediction [79% Yes]trump-prediction.bet
- 8Will Nicolás Maduro Still Lead Venezuela by End of 2026?lines.com
- 9https://polymarket.com/event/will-trump-endorse-mara-corina-machado-for-venezuela-president-in-2026-314polymarket.com
- 10President Donald Trump says US Venezuela involvement could last years | Fox Newsfoxnews.com
- 11US won’t let Delcy Rodriguez run Venezuela long-term, Rubio pledgesnypost.com
6. What evidence from U.S. diplomatic statements and Venezuelan state media confirms Delcy Rodríguez's grip on power will remain stable through the end of 2026?
| U.S. Administration Support | Trump administration explicitly backs Rodríguez as a pragmatic partner [1][2][3] |
|---|---|
| Rodríguez's Presidential Term | Acting president since January 2026 [1][4][1][5][6][2] |
| Significant Oil Agreement | August 2026 oil deal granted U.S. majority control of reserves [4][1][5][6][2] |
Sources (7)
- 1Venezuela's Post-Maduro Political Transition and U.S. Policycongress.gov
- 2What’s behind the US deal to seize control of Venezuelan oil reserves? | Donald Trump News | Al Jazeeraaljazeera.com
- 3Venezuelans bash their government's deal handing over vast oil reserves to the U.S. | Fortunefortune.com
- 4Venezuela’s Opposition Looks to Topple Rodriguez Without Trump’s Helpforeignpolicy.com
- 5How Delcy Rodríguez Went From Maduro Loyalist to Trump Proxytime.com
- 6Delcy Rodríguez breaks her silence following criticism over the oil agreement with the U.S.: This is how her televised address has beenen.cibercuba.com
- 7“It’s Very Likely That a Different Party System Will Emerge in Venezuela” | Caracas Chroniclescaracaschronicles.com
7. How do Delcy Rodríguez and opposition leader María Corina Machado compare in terms of U.S. support and domestic political influence following Maduro's removal?
| Acting President | Delcy Rodríguez (as of August 2026) [1][2][3][4][5][6][7][8][9][10] |
|---|---|
| Maduro's Removal Date | January 3, 2026 [1][2][5][11] |
| U.S. Oil Agreement | Secured by Rodríguez in late August 2026 [1][2][7][8][4][9][10] |
Sources (11)
- 1Venezuela's Post-Maduro Political Transition and U.S. Policyeverycrsreport.com
- 2Venezuela’s Opposition Looks to Topple Rodriguez Without Trump’s Helpforeignpolicy.com
- 3Is Venezuela’s transition beginning under Washington’s script? - GZERO Mediagzeromedia.com
- 4Venezuela’s future is being decided in a new negotiation under Washington’s watch | International | EL PAÍS Englishenglish.elpais.com
- 5Venezuela's Post-Maduro Political Transition and U.S. Policycongress.gov
- 6A new chapter? Venezuela's government holds talks...aljazeera.com
- 7Venezuela talks end with agreement on judicial reform and frozen funds - France 24france24.com
- 8Trump says US is taking partial control of Venezuela's vast oil reserves | Reutersreuters.com
- 9Venezuelans bash their government's deal handing over vast oil reserves to the U.S. | Fortunefortune.com
- 10Delcy Rodríguez breaks her silence following criticism over the oil agreement with the U.S.: This is how her televised address has beenen.cibercuba.com
- 11Venezuela’s interim leader navigates U.S. demands, Chavista loyalty: NPRnpr.org
8. What is the current stance of Venezuela's military leadership, particularly Vladimir Padrino López, regarding Delcy Rodríguez's acting presidency?
| Padrino López removed from Defense Minister | March 18, 2026 [1][2][3][4][5] |
|---|---|
| New Defense Minister | General Gustavo González López [1][2][3][4][5] |
| Delcy Rodríguez acting presidency status | Continues as of August 31, 2026 [1][3][6][7] |
Sources (7)
- 1Venezuela’s Opposition Looks to Topple Rodriguez Without Trump’s Helpforeignpolicy.com
- 2Venezuela's acting president replaces long-time defense...reuters.com
- 3Venezuela's Post-Maduro Political Transition and U.S. Policyeverycrsreport.com
- 4Vladimir Padrino Lópezen.wikipedia.org
- 5Venezuela's interim president Rodriguez sacks defense...lemonde.fr
- 6Venezuela talks end with agreement on judicial reform and frozen funds - France 24france24.com
- 7Delcy Rodríguez remains Venezuela's acting president after 90-day term expired | AP Newsapnews.com
9. How might the execution of the August 2026 U.S.-Venezuela oil deal impact the stability of Delcy Rodríguez's interim government?
| Expected Taxes from Deal | $209 billion [1][2][3][4] |
|---|---|
| Oil Reserves Controlled by US | 65 billion barrels [1][2][3][5] |
| Maduro's Prediction Market Favorability | 80-84% by end of 2026 [6][7][8] |
Sources (11)
- 1What we know about new US-Venezuela oil dealapnews.com
- 2Venezuela's interim president says US energy deal will last...reuters.com
- 3Trump Says U.S. Struck Deal for Control of More Than 65...nytimes.com
- 4How Delcy Rodríguez Went From Maduro Loyalist to Trump Proxytime.com
- 5What’s behind the US deal to seize control of Venezuelan oil reserves? | Donald Trump News | Al Jazeeraaljazeera.com
- 6https://polymarket.com/event/venezuela-leader-end-of-2026polymarket.com
- 7Who will officially lead Venezuela at the end of 2026?kalshi.com
- 8Who will lead Venezuela at the end of 2026?predictionhunt.com
- 9Delcy Rodríguez remains Venezuela's acting president after 90-day term expired | AP Newsapnews.com
- 10Venezuela’s interim leader navigates U.S. demands, Chavista loyalty: NPRnpr.org
- 11Delcy Rodríguez, three months as president of Venezuela...english.elpais.com
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Closes: December 31, 2026
Sources (15)
- 1Venezuela's Post-Maduro Political Transition and U.S. Policyeverycrsreport.com
- 2US-Iran Peace Prospects Dim as Trump Rejects Truce Extension | Bloomberg Businessweekyoutube.com
- 3Venezuela's Post-Maduro Political Transition and U.S. Policycongress.gov
- 4View TXT in new windowcongress.gov
- 5U.S. Capture of Venezuela’s Nicolás Maduro: Considerations for Congresscongress.gov
- 6Venezuela: Overview of U.S. Sanctions Policycongress.gov
- 7How Trump took control of Venezuela's democratic transitionpolitico.com
- 8Washington controls Venezuela and its money, raising questions over seized oil billions - ABC Newsabc.net.au
- 9The U.S. Venezuela oil deal won’t lower your gas prices. Here’s what you need to know: NPRnpr.org
- 10Trump says US is taking partial control of Venezuela's vast oil reserves | Reutersreuters.com
- 11What we know about Trump's deal giving US access to vast oil reserves in Venezuelaksat.com
- 12Trump announces 'historic' US-Venezuela oil deal that he says will lower gas prices - ABC Newsabcnews.com
- 13Venezuela leader end of 2026? Predictions & Oddspolymarket.com
- 14Who will officially lead Venezuela at the end of 2026?kalshi.com
- 15Venezuela leader end of 2026? — Odds & Charts | Prescientprescient.markets