TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
December 31
- Polymarket
December 31 - Polymarket
1W
News
Positive
Negative
Neutral
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Vol.
·
Resolves Jan 1, 2027
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This market will resolve to “Yes” if IMF PortWatch publishes a daily number of transit calls (“Arrivals of Ships”) for the Bab el-Mandeb Strait equal to 0 for any date between market creation and the specified date, 2026. Otherwise, this market will resolve to “No.” Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF PortWatch will not be considered. This market will resolve as soon as IMF PortWatch publishes a daily number of transit calls equal to 0, or once complete data has been published for the specified period without such a publication. If complete data for the specified period has not been published within 28 calendar days of the end of the specified period, this market will resolve based on data published up to that point. In case of obvious data integrity issues (i.e., erroneous data), the market may remain open until the end of the third calendar day (ET) after the date on which such data is first released to allow for corrections. Data integrity issues refer only to clerical or other similar errors in the underlying data, and do not include cases where IMF PortWatch differs from alternative sources. Revisions to previously published data points made within this market’s timeframe will be considered. However, they will not disqualify a previously published data point from qualifying except in the case of data integrity issues. The resolution source for this market will be IMF PortWatch, specifically the transit calls data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c, both in the chart and through downloadable files.
This market will resolve to “Yes” if IMF PortWatch publishes a daily number of transit calls (“Arrivals of Ships”) for the Bab el-Mandeb Strait equal to 0 for any date between market creation and the specified date, 2026. Otherwise, this market will resolve to “No.” Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF PortWatch will not be considered. This market will resolve as soon as IMF PortWatch publishes a daily number of transit calls equal to 0, or once complete data has been published for the specified period without such a publication. If complete data for the specified period has not been published within 28 calendar days of the end of the specified period, this market will resolve based on data published up to that point. In case of obvious data integrity issues (i.e., erroneous data), the market may remain open until the end of the third calendar day (ET) after the date on which such data is first released to allow for corrections. Data integrity issues refer only to clerical or other similar errors in the underlying data, and do not include cases where IMF PortWatch differs from alternative sources. Revisions to previously published data points made within this market’s timeframe will be considered. However, they will not disqualify a previously published data point from qualifying except in the case of data integrity issues. The resolution source for this market will be IMF PortWatch, specifically the transit calls data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c, both in the chart and through downloadable files.
Comparing prediction market odds to those offered by sportsbooks or traditional polling data reveals how differently informed each group is. While sportsbooks primarily cater to entertainment and may factor in biases, this market aggregates the wisdom of the crowd, reflecting a broader range of information and analysis. Currently, the implied probability on Polymarket differs from recent analyst estimates regarding the likelihood of continued disruptions in the Bab el-Mandeb strait. This divergence suggests that traders possess unique insights or are weighing different factors than those considered by conventional sources.
On Polymarket, this market is priced through a continuous auction mechanism, where traders buy and sell shares representing their belief in the outcome. The price of a share directly reflects the probability of 0 ships transiting the Bab el-Mandeb by the resolution date. As more traders participate, the price adjusts to reflect the collective assessment of the event's likelihood. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price indicates a strong consensus among traders, with 16.5% believing the outcome will occur, as demonstrated by the trading activity and share prices.
This market resolves around Jan 1, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will depend on whether or not any ships are documented to have transited the Bab el-Mandeb strait before the resolution date. The market will then settle based on this verified information, providing a clear and objective determination of the outcome. Traders should monitor news sources and shipping data for updates as the resolution date approaches, as these will influence the final settlement.
Several signals or events could significantly move this market before its resolution. Escalations in geopolitical tensions in the Red Sea, such as increased attacks on commercial vessels, would likely increase the probability of continued disruptions and push the price higher. Conversely, successful diplomatic efforts leading to a de-escalation of conflict and a safe passage corridor could lower the price. Changes in major shipping companies’ routes, or announcements regarding naval protection efforts, would also be key catalysts. Monitoring these developments is crucial for understanding potential shifts in this market.