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This market will resolve to "Yes" if either Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate, or Iran initiates a drone, missile, or air strike on Israeli soil or any official Israeli embassy or consulate, by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli or Iranian military forces that impact the other party’s ground territory or any official embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an Israeli missile, or an Israeli air base is hit by an Iranian drone, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on the opposing party’s territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

This market will resolve to "Yes" if either Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate, or Iran initiates a drone, missile, or air strike on Israeli soil or any official Israeli embassy or consulate, by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli or Iranian military forces that impact the other party’s ground territory or any official embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an Israeli missile, or an Israeli air base is hit by an Iranian drone, this market will resolve to "Yes") that is officially acknowledged by the relevant government or a consensus of credible reporting.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on the opposing party’s territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by ground operatives will not qualify. 

Actions taken by proxy groups (e.g. Hezbollah, Houthis, etc.) will not be considered. 

The resolution source will be a consensus of credible reporting.

June 27

July 11

This market will resolve to "Yes" if either Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate, or Iran initiates a drone, missile, or air strike on Israeli soil or any official Israeli embassy or consulate, by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli or Iranian military forces that impact the other party’s ground territory or any official embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an Israeli missile, or an Israeli air base is hit by an Iranian drone, this market will resolve to "Yes") that is officially acknowledged by the relevant government or a consensus of credible reporting.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on the opposing party’s territory or cause damage.

December 31

July 31

August 31

October 31

September 30

March 31, 2026

June 30, 2026

Israel x Iran ceasefire broken by...? 

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Market News Update

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No significant events or updates were reported in the recent social media activity. The lack of notable discussions or breaking news suggests a period of relative stability or absence of major catalysts influencing current trends.

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on Lebanese soil on the listed date Israel Standard Time (IST). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli military forces that impact Lebanon ground territory.

A strike on any area within the terrestrial territory of Lebanon counts, including buffer zones.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Lebanon territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or other operations conducted by Israeli ground operatives will not qualify.

The primary resolution source will be official government/military statements (Israeli or foreign), multilateral bodies (UN, etc.), or a consensus of credible reporting from major international media and national broadcasters/newspapers.

If the date/time of a strike cannot be confirmed by a consensus of credible reporting within 48 hours of this market's end date, it will resolve to "No" regardless of whether a strike was later confirmed to have taken place.

Will Israel strike Lebanon on December 18?

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on the West Bank's soil between November 27, 2025, 3:00 AM IST and the listed date 11:59 PM Israel Standard Time (IST). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by the Israeli military that impact the West Bank's ground territory.

A strike on any area within the terrestrial territory of the West Bank counts.

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on the West Bank's territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or other operations conducted by the Israeli military will not qualify.

The primary resolution source will be official government/military statements, multilateral bodies (UN, etc.), or a consensus of credible reporting from major international media and national broadcasters/newspapers.

If the date/time of a strike cannot be confirmed by a consensus of credible reporting within 48 hours of this market's end date, it will resolve to "No" regardless of whether a strike was later confirmed to have taken place.

Israel strike on the West Bank by December 31?

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on Gaza soil on the listed date Israel Standard Time (IST). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli military forces that impact Gaza ground territory.

A strike on any area within the terrestrial territory of the Gaza Strip counts, including buffer zones.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Gaza territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or other operations conducted by Israeli ground operatives will not qualify.

The primary resolution source will be official government/military statements (Israeli or foreign), multilateral bodies (UN, etc.), or a consensus of credible reporting from major international media and national broadcasters/newspapers.

If the date/time of a strike cannot be confirmed by a consensus of credible reporting within 48 hours of this market's end date, it will resolve to "No" regardless of whether a strike was later confirmed to have taken place.

Will Israel strike Gaza on December 19?

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on Turkish soil or any Turkish embassy or consulate between September 9, 3 PM ET, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli military forces that impact Turkey's ground territory or any official Turkish embassy or consulate (e.g., if a weapons depot on Turkish soil is hit by an Israeli missile, this market will resolve to "Yes") that is officially acknowledged by the Israeli government or a consensus of credible reporting.

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on Turkish territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by Israeli ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Will Israel strike Turkey by December 31?

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on any Gulf state's soil or any Gulf state's official embassy or consulate between September 9, 2 PM ET, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For this market, Gulf states are defined as the six members of the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates).

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by Israeli military forces that impact a Gulf state's ground territory, embassy, or consulate.

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on a Gulf state's territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by Israeli ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Israel strike on Gulf State by December 31?

This polymarket will resolve to "Yes" if Syria initiates a drone, missile, or air strike that impacts Israeli ground territory between July 24, 3:00 PM ET and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by Syrian forces that physically impact land under Israeli control.

Israeli ground territory, for the purposes of this market, refers to land internationally recognized as part of the State of Israel, including all territory under de facto Israeli government administration as of July 24, 2025. This includes the Israeli controlled Golan Heights and East Jerusalem, but excludes the West Bank and Gaza Strip.

Missiles or drones that are intercepted before reaching the ground, or surface-to-air missile strikes, will not qualify for a "Yes" resolution—regardless of whether debris lands on Israeli soil or causes damage.

The resolution source will be a consensus of credible reporting.

Syria strikes Israel by December 31?

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on Greater Beirut between November 24, 2025, 11:30PM Israel Standard Time (IST) and the listed date, Israel Standard Time (IST). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by Israeli military forces that impact within Greater Beirut.

For the purposes of this market, “Greater Beirut” refers to the continuous urbanized zone that encompasses all of the Beirut Governorate and the adjacent coastal and suburban municipalities of the Mount Lebanon Governorate. For this market, the geographic boundaries as defined in the map “Location of the Greater Beirut Area” (https://polymarket-upload.s3.us-east-2.amazonaws.com/Beirut-3ffb23044f.png) from Faour & Mhawej (2014), Mapping Urban Transitions in the Greater Beirut Area Using Different Space Platforms (https://www.mdpi.com/2073-445X/3/3/941) will be used. If the precise location of a strike cannot be clearly attributed to the defined territory based on the referenced map, it will not qualify.

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on the specified territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or other operations conducted by Israeli ground operatives will not qualify.

The primary solution resolution source will be official government/military statements (Israeli or foreign), multilateral bodies (UN, etc.), or a consensus of credible reporting from major international media and national broadcasters/newspapers.

If the date/time of a strike cannot be confirmed by a consensus of credible reporting within 48 hours of this market's end date, it will resolve to "No" regardless of whether a strike was later confirmed to have taken place.

Will Israel strike Greater Beirut by December 31?

This market will resolve to "Yes" if both of the following conditions are met by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".


1. The US initiates a military action on Iranian soil, airspace, or maritime territory or against any Iranian embassies or consulates between June 18, and December 31, 2025, 11:59 PM ET. 

For the purposes of this market, a "military action" will be considered to be any use of force executed by the US military on Iranian soil, airspace, or maritime territory (e.g. if a weapons depot on Iranian soil is hit by an US missile) that is officially acknowledged by the US government or a consensus of credible reporting. This includes, but is not limited to, airstrikes, naval attacks, or ground invasions. Cyber attacks, sanctions, or diplomatic actions will not count towards the resolution of this market.


2. The Islamic Republic of Iran’s current ruling regime is NOT overthrown, collapsed, or otherwise ceases to govern by December 31, 2025, 11:59 PM ET. 

The Islamic Republic of Iran’s current ruling regime will be considered overthrown if a broad consensus of reporting indicating that core structures of the Islamic Republic (e.g. the office of the Supreme Leader, the Guardian Council, IRGC control under clerical authority) have been dissolved, incapacitated, or replaced by a fundamentally different governing system or otherwise lost de facto power over a majority of the population of Iran. This could occur via revolution, civil war, military coup, or voluntary abdication, but only qualifies if the Islamic Republic no longer exercises sovereign power.

Routine political events such as elections, reforms, or leadership succession do not qualify. Internal coups or power shifts that preserve the Islamic Republic’s core structures also do not qualify. Only a clear break in continuity—such as a new provisional government, revolutionary council, or constitution replacing the Islamic Republic will qualify.

Partial loss of territory or challenges from rebel or exile groups will not qualify unless the Islamic Republic no longer administers the majority of the Iranian population within Iran.

The resolution source will be a consensus of credible reporting.

Note: If the Iranian regime falls - as defined above - prior to a qualifying U.S. military action, this market will immediately resolve to "No". 

Will the Iranian regime survive U.S. military strikes?

On October 9, Israel and Hamas signed a deal implementing a ceasefire: https://www.reuters.com/world/middle-east/israel-hamas-agree-gaza-ceasefire-return-hostages-2025-10-09/

This market will resolve to "Yes" if a either Israel or Hamas announce the cancellation of the ongoing ceasefire, or if a consensus of credible reporting confirms that the ceasefire is no longer in effect, by March 31, 2026, 11:59 PM ET. Otherwise this market will resolve to "No".

Announcements that one side or another violated the ongoing ceasefire will not be enough to resolve this market to "Yes"; only a definitive announcement by Israel or Hamas, or otherwise a wide consensus of credible reporting that that the ceasefire has been ended, will qualify to resolve this market to "Yes".

The primary solution resolution source will be official information from Hamas or the government of Israel, however a consensus of credible reporting may also be used.

Israel x Hamas ceasefire cancelled by March 31, 2026?

This market will resolve to "Yes" if the US initiates a drone, missile, or air strike on Syrian soil or any official Syrian embassy or consulate by the listed date (ET). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US military forces that impact Syrian ground territory or any official Syrian embassy or consulate (e.g., if a weapons depot on Syrian soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on Syrian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

US strike on Syria by March 31?

This market will resolve to "Yes" if the US initiates a drone, missile, or air strike on Yemen soil or any official Yemen embassy or consulate by  December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US military forces that impact Yemen ground territory or any official Yemen embassy or consulate (e.g., if a weapons depot on Yemen soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Yemen territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

US strikes Yemen by December 31?

This market will resolve to "Yes" if the United States initiates a drone, missile, or air strike on Afghan soil or any official Afghan embassy or consulate by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by United States military forces that impact Afghan ground territory or any official Afghan embassy or consulate (e.g., if a weapons depot on Afghan soil is hit by a U.S. missile, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Afghan territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by U.S. ground operatives will not qualify.

The resolution source for this market will be a consensus of credible reporting.

U.S. strikes Afghanistan by Dec 31?

This market will resolve to "Yes" if India initiates a drone, missile, or air strike on Pakistani territory by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by Indian military forces that impact Pakistani territory (e.g., if an Indian missile or drone hits a target within Pakistan’s borders, this market will resolve to "Yes").

Missiles or drones that are intercepted before reaching Pakistani territory, as well as surface-to-air missile strikes, will not be sufficient for a "Yes" resolution regardless of whether debris lands on Pakistani soil or causes damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or any operation conducted by Indian ground forces will not qualify as a strike under this market.

The resolution source will be a consensus of credible reporting.

Will India strike Pakistan by December 31, 2026?

This market will resolve according to the next date (ET) the US initiates a drone, missile, or air strike on Syrian soil or any official Syrian embassy or consulate by the listed date (ET). 

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US military forces that impact Syrian ground territory or any official Syrian embassy or consulate (e.g., if a weapons depot on Syrian soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on Syrian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

No US strike on Syria in 2025?

This market will resolve to "Yes" if there is an official security agreement, defined as a publicly announced and mutually agreed deal between the governments of Israel and Syria by January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

This market refers only to agreements which directly address border security and demarcation, normalization, or diplomatic recognition or otherwise creates a formalized security framework between the two states.    

Ceasefire announcements or other announced de-escalations such as those relating to the July 16-18 skirmishes with the Druze, or any other future military engagements, which do not address the broader security relationship will not qualify.

Only deals which are officially announced will qualify. Informal announcements which do not constitute a formalized agreement will not count.

The primary resolution source will be official statements from the Israeli and Syrian governments. However, an agreement which is announced by only of the parties will qualify if an overwhelming consensus of credible reporting confirms that such a formal agreement has been reached.

Israel x Syria security agreement by January 31?

This market will resolve to "Yes" if the US initiates a drone, missile, or air strike on Nigerian soil or any official Nigerian embassy or consulate by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US military forces that impact Nigerian ground territory or any official Nigerian embassy or consulate (e.g., if a weapons depot on Nigerian soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on Nigerian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

US strikes Nigeria by December 31?

This market will resolve to "Yes" if Pakistan initiates a drone, missile, or air strike on Indian territory by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by Pakistani military forces that impact Indian territory (e.g., if a Pakistani missile or drone hits a target within India’s borders, this market will resolve to "Yes").

Missiles or drones that are intercepted before reaching Indian territory, as well as surface-to-air missile strikes, will not be sufficient for a "Yes" resolution regardless of whether debris lands on Indian soil or causes damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or any operation conducted by Pakistani ground forces will not qualify as a strike under this market.

The resolution source will be a consensus of credible reporting.

Pakistan strike on India by December 31?

This market will resolve to "Yes" if Israel initiates a major ground offensive in Lebanon by the listed date (ET). Otherwise, this market will resolve to "No".

A "major ground offensive" is defined as a large-scale military operation that involves more than 1,000 Israeli ground forces entering Lebanese territory that was not under Israeli control at the start of the offensive. This excludes smaller raids, special operations, or limited incursions directly bordering buffer zones already under Israeli control.
 
The resolution source will be a consensus of credible reporting.

Will Israel launch a major ground offensive in Lebanon by December 31?

This market will resolve to "Yes" if Russia initiates a drone, missile, or air strike on the sovereign territory of any NATO member state or on any official embassy or consulate of a NATO member state between December 4, 2025, and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by Russian military forces that impact the ground territory of a NATO member state or an official embassy/consulate of a NATO member (e.g., if a weapons depot on NATO territory is hit by a Russian missile, this market will resolve to "Yes").

Missiles or drones that are intercepted (i.e., do not impact) and surface-to-air missile launches will not be sufficient for a "Yes" resolution, regardless of whether debris falls on NATO territory or causes damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes conducted directly by ground operatives, ground incursions, naval shelling, cyberattacks, or other operations conducted by Russian ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Russian strike on a NATO member by March 31?

On June 13, Iranian leaders announced they no longer plan to engage in nuclear talks with the U.S. that were scheduled to take place in Oman on Sunday (see: https://thehill.com/policy/international/5348689-iran-nuclear-deal-talks-suspended/).

This market will resolve to "Yes" if it is confirmed that official nuclear-related negotiations between the United States and Iran resume at any point on by December 31, 2025, at 11:59 PM ET. Otherwise, the market will resolve to "No".

To qualify, the talks must involve official representatives of both governments and focus primarily on nuclear issues, such as uranium enrichment, sanctions relief, IAEA inspections, or the JCPOA. Talks may be direct or mediated, and may occur in person or virtually.

Only the actual resumption of talks will count; announcements that talks have been scheduled to resume will not alone qualify.

Unofficial backchannel communications, general diplomatic meetings not centered on nuclear issues, or one-sided public proposals will not qualify.

The market will resolve based on a consensus of credible reporting.

US x Iran nuclear talks resume by December 31? 

On October 8, an agreement on an initial ceasefire (Phase 1) was announced, constituting a halt in fighting, a partial Israeli pullback to a “yellow line,” prisoner swaps, expanded aid, and the release of hostages. A second phase of the deal, yet to be negotiated, is expected to address further Israeli withdrawal, Hamas’s disarmament, and the establishment of new security and governance arrangements in Gaza.

This market will resolve to "Yes" if an official agreement for the second phase of the Israel–Hamas ceasefire, defined as a publicly announced mutual agreement, is reached between Israel and Hamas by January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of if/when the agreement goes into effect.

For purposes of this market, a “second phase” ceasefire agreement refers to a deal publicly acknowledged by both Israel and Hamas (directly or via recognized mediators such as the U.S., Egypt, or Qatar) that goes beyond the Phase 1 initial truce and includes commitments towards a comprehensive or “full” ceasefire.  Any agreement that is publicly described by the parties, or by mediators on their behalf, as the completion of “Phase 2” of the ceasefire will qualify, regardless of whether it includes further Israeli withdrawals beyond the “yellow line,” or agreements by Hamas to disarm.

An extension or continuation of the Phase 1 arrangement alone will not qualify.

This market's resolution will be based on official announcements from both Israel and Hamas, however a wide consensus of credible media reporting will also qualify.

Israel x Hamas Ceasefire Phase II by January 31?

This market will resolve to "Yes" if the Ukrainian armed forces initiate a drone, missile, or air strike on Russian soil on the listed date Moscow Standard Time (MSK). Otherwise, this market will resolve to "No".

For the purposes of this market, “Russian ground territory” and “Russian soil” refer exclusively to internationally recognized Russian territory as defined by pre-2014 borders.

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Ukrainian armed forces that impact Russian ground territory.

A strike on any area within the terrestrial territory of Russia counts.

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on Russian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes, ground incursions, naval shelling, cyberattacks, or other operations conducted by the Ukrainian armed forces will not qualify.

The primary resolution source will be official government/military statements (Ukrainian or Russian), multilateral bodies (UN, etc.), or a consensus of credible reporting from major international media and national broadcasters/newspapers.

If the date/time of a strike cannot be confirmed by a consensus of credible reporting within 48 hours of this market's end date, it will resolve to "No" regardless of whether a strike was later confirmed to have taken place.

Ukraine strike in Russia on 25 November 2025?

This market will resolve to "Yes" if Israel initiates a major ground offensive in Gaza by March 31, 2026, 11:59PM ET. Otherwise, this market will resolve to "No".

A "major ground offensive" is defined as a large-scale military operation that involves more than 1,000 Israeli ground forces entering Gazan territory that was not under Israeli control at the start of the offensive. This excludes smaller raids, special operations, or limited incursions directly bordering buffer zones already under Israeli control.

The resolution source will be a consensus of credible reporting.

Will Israel launch a major ground offensive in Gaza by March 31?

This market will resolve to "Yes" if the European Union officially imposes new sanctions of any form against Israel between September 2 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Sanctions could include measures like tariffs, trade restrictions, financial penalties, diplomatic expulsions, travel bans, restrictions on specific individuals, or any other actions that are commonly recognized as sanctions.

Sanctions against Israeli citizens or entities which do not directly target the Israeli state or members of the Israeli government will not qualify.

The passage of an official act authorizing sanctions on Israel within this market's timeframe will count toward a "Yes" resolution, regardless of if/when the sanctions come into effect.

Only the imposition of sanctions on Israel by the EU as an entity will qualify; if individual member states of the EU apply sanctions against Israel (e.g., France imposes novel trade restrictions on Israel unilaterally), it will not be sufficient to resolve this market to "Yes".

The primary resolution source will be official information from the European Union; however, a consensus of credible reporting may be used.

Israel x Iran ceasefire broken by...?

December 31
$796,660 Vol.
2%
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%

March 31, 2026
$124,552 Vol.
24%
0123456789
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June 30, 2026
$0 Vol.
49%

Market Context

Israel x Iran ceasefire broken by...?

Rules

Israel x Iran ceasefire broken by...?

Market Context

Israel x Iran ceasefire broken by...?

About

Related

Israel x Iran ceasefire broken by...?

December 31$796,660 Vol.2%0123456789%buy Yes2.1¢buy No98.0¢

March 31, 2026$124,552 Vol.24%0123456789%buy Yes25¢buy No78¢

June 30, 2026$0 Vol.49%buy Yes94¢buy No96¢

Market Context

Israel x Iran ceasefire broken by...?

Rules

Israel x Iran ceasefire broken by...?

Market Context

Israel x Iran ceasefire broken by...?

About

Related

December 31
$796,660 Vol.
2%
0123456789
%

March 31, 2026
$124,552 Vol.
24%
0123456789
%

June 30, 2026
$0 Vol.
49%