This market will resolve to “Yes” if Cloudflare experiences any incident classified as Critical (red) by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Qualifying incidents may include outages and other issues that Cloudflare may classify as Critical.

Revisions to the impact classification of any such incident will be considered as long as those revisions are published within this market’s timeframe.

If an incident is ongoing at this market’s resolution time, the market may remain open until that incident receives an official impact classification, and it will resolve based on the first such classification published, regardless of subsequent revisions or corrections.

The primary resolution source for this market will be official information from Cloudflare (for example, on cloudflarestatus.com or cloudflarestatus.com/history); however, a consensus of credible reporting may also be used.