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Russia x Ukraine ceasefire agreement by... Odds

Polymarket Volume $10.6M 24h $22.4K Liquidity $1.1M Ends Jul 1, 2027 Updated Nov 8, 6:00 AM EST
OutcomeChanceOdds24h
December 31
16% +545 ▲ 2
March 31, 2027
37% +174 ▲ 1
June 30, 2027
54% -115 ▲ 2
April 30, 2027
42% +141 —
May 31, 2027
51% -104 ▲ 1
July 31, 2027
60% -150 ▲ 1
September 30, 2027
66% -190 ▲ 2
August 31, 2027
64% -178 ▲ 1
October 31, 2027
67% -199 ▲ 3
December 31, 2027
70% -228 ▼ 0
November 30, 2027
68% -213 —
January 31, 2027
27% +277 ▲ 3
February 28, 2027
30% +239 —
November 30
5% +2122 ▲ 1

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Price history

0% 25% 50% 75% 100% Oct 16 Nov 8
December 31

Resolution rules

This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A ceasefire agreement refers to any mutually-agreed suspension of direct military engagement between Russia and Ukraine, which is either officially announced by both countries or confirmed by a consensus of credible reporting to have been mutually agreed by both countries. A broader peace deal, normalization agreement, political framework, truce, or humanitarian pause will qualify if it includes a mutually agreed suspension of direct military engagement, to be effective on a specified date. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered a ceasefire agreement. Only agreements which constitute a general pause in the conflict will qualify. Agreements which only apply to specific conflict categories (e.g. restrictions on certain target categories or certain locations) will not qualify. If a qualifying agreement is officially reached before this market’s end date, this market will resolve to “Yes,” regardless of whether the ceasefire agreement officially takes effect after that date. The primary resolution sources for this market will be official information from the governments of Russia and Ukraine and a consensus of credible reporting.

Source: Polymarket. The venue's rules are final.

FAQ

How are prediction market odds calculated?

Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.

When does this market close?

Polymarket lists Jul 1, 2027 as the end date. It can close earlier if the outcome is decided.

Where can I trade on Russia x Ukraine ceasefire agreement by...?

This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.