Will the fight be won by KO or TKO?

This market will resolve to "Yes" if the fight between Michel Pereira and Zachary Reese at UFC Fight Night: Strickland vs. Hernandez, scheduled for February 21, 2026, ends by KO or TKO, including referee stoppage, doctor stoppage, or corner stoppage. Otherwise, it will resolve to "No." If the fight ends in a draw or by disqualification (either fighter), it will resolve "No." If the bout is ruled a No Contest, not scored, canceled, or postponed beyond March 7, 2026, this market will resolve "50-50." The resolution source for this market will be official information from the UFC.