Market icon

Russia x Ukraine ceasefire before US x Iran ceasefire?

Market icon

Russia x Ukraine ceasefire before US x Iran ceasefire?

12% chance
Polymarket

$58,962 Vol.

12% chance
Polymarket

$58,962 Vol.

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran. This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine. If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50. If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time. 1. Russia x Ukraine ceasefire If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice. 2. US x Iran ceasefire A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another, or for an official ceasefire agreement to be otherwise confirmed to have been reached by an overwhelming consensus of media reporting. If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market. A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. This market’s resolution will be based on official statements from the United States government and the government of Iran. However, an overwhelming consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.Russia-Ukraine ceasefire prospects remain dim after President Zelenskyy's recent Easter truce proposal was dismissed by the Kremlin as a PR stunt, followed immediately by massive Russian drone attacks on Ukrainian infrastructure and cities like Kyiv. Ongoing Russian advances and mutual accusations of violations underscore entrenched stalemate with no active negotiations, dimming near-term resolution odds. In contrast, the US-Iran conflict features heightened military actions—including recent US airstrikes on Iranian bridges and threats of further escalation—alongside diplomatic signals like a US 15-point peace plan, rejected counterproposals, and Trump's claims of Tehran's ceasefire interest (denied by Iran). Traders' 88% "No" consensus reflects faster de-escalation potential in US-Iran diplomacy versus Ukraine's impasse.

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran.

This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine.

If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50.

If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time.

1. Russia x Ukraine ceasefire

If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward.

Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify.

Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market.

A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count.

This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.

2. US x Iran ceasefire

A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another, or for an official ceasefire agreement to be otherwise confirmed to have been reached by an overwhelming consensus of media reporting.

If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward.

Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market.

A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify.

This market’s resolution will be based on official statements from the United States government and the government of Iran. However, an overwhelming consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.
Volume
$58,962
Market Opened
Mar 13, 2026, 3:43 PM ET
This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran. This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine. If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50. If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time. 1. Russia x Ukraine ceasefire If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice. 2. US x Iran ceasefire A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another, or for an official ceasefire agreement to be otherwise confirmed to have been reached by an overwhelming consensus of media reporting. If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market. A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. This market’s resolution will be based on official statements from the United States government and the government of Iran. However, an overwhelming consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.
This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran. This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine. If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50. If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time. 1. Russia x Ukraine ceasefire If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice. 2. US x Iran ceasefire A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another, or for an official ceasefire agreement to be otherwise confirmed to have been reached by an overwhelming consensus of media reporting. If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market. A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. This market’s resolution will be based on official statements from the United States government and the government of Iran. However, an overwhelming consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.Russia-Ukraine ceasefire prospects remain dim after President Zelenskyy's recent Easter truce proposal was dismissed by the Kremlin as a PR stunt, followed immediately by massive Russian drone attacks on Ukrainian infrastructure and cities like Kyiv. Ongoing Russian advances and mutual accusations of violations underscore entrenched stalemate with no active negotiations, dimming near-term resolution odds. In contrast, the US-Iran conflict features heightened military actions—including recent US airstrikes on Iranian bridges and threats of further escalation—alongside diplomatic signals like a US 15-point peace plan, rejected counterproposals, and Trump's claims of Tehran's ceasefire interest (denied by Iran). Traders' 88% "No" consensus reflects faster de-escalation potential in US-Iran diplomacy versus Ukraine's impasse.

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran.

This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine.

If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50.

If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time.

1. Russia x Ukraine ceasefire

If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward.

Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify.

Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market.

A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count.

This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.

2. US x Iran ceasefire

A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another, or for an official ceasefire agreement to be otherwise confirmed to have been reached by an overwhelming consensus of media reporting.

If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward.

Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market.

A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify.

This market’s resolution will be based on official statements from the United States government and the government of Iran. However, an overwhelming consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.
Volume
$58,962
Market Opened
Mar 13, 2026, 3:43 PM ET
This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran. This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine. If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50. If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time. 1. Russia x Ukraine ceasefire If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice. 2. US x Iran ceasefire A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another, or for an official ceasefire agreement to be otherwise confirmed to have been reached by an overwhelming consensus of media reporting. If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market. A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. This market’s resolution will be based on official statements from the United States government and the government of Iran. However, an overwhelming consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.

Beware of external links.

Frequently Asked Questions

"Russia x Ukraine ceasefire before US x Iran ceasefire?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 12% for "Yes." For example, if "Yes" is priced at 12¢, the market collectively assigns a 12% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Russia x Ukraine ceasefire before US x Iran ceasefire?" has generated $59K in total trading volume since the market launched on Mar 13, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Russia x Ukraine ceasefire before US x Iran ceasefire?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Russia x Ukraine ceasefire before US x Iran ceasefire?" is 12% for "Yes." This means the Polymarket crowd currently believes there is a 12% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Russia x Ukraine ceasefire before US x Iran ceasefire?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.