TOTAL VOLUME:
$116.5b
24H VOL:
$81,379,001
24H TRANSACTIONS:
1,361,103,189
OPEN INTEREST:
$1,147,932,753
329,221
Markets across
33,102
events
MATCHED EVENTS:
4,100
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
China x Taiwan military clash before 2027?
- Polymarket
China x Taiwan military clash before 2027? - Polymarket
7.5%
1W
News
Positive
Negative
Neutral
Hover marker for details
Aug 19
Aug 20
Aug 22
Aug 23
Aug 24
Aug 25
Aug 26
Vol.
$29.7k
·
Resolves Jan 1, 2027
$
This event group tracks the likelihood of military clashes between China and Taiwan, and between China and the Philippines, occurring before the end of 2026. Each market defines a 'military encounter' as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or direct military engagement.
This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Taiwan (Republic of China) between November 11, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Taiwanese military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not. Note: the China Coast Guard (CCG) is part of the military, however Taiwan's Coast Guard Administration (CGA) is not. The resolution source for this market will be a consensus of credible reporting.
This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Philippines between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". A "military encounter" is defined as any incident involving the use of force such as melee weapons, missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Philippine military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not. Note: the China Coast Guard (CCG) is part of the military, however, Philippine Coast Guard (PCG) is not. The resolution source for this market will be a consensus of credible reporting.
Key signals that could shift odds on this market include major political statements from leaders, significant military exercises near Taiwan, changes in defense agreements, or unexpected regional crises. Each development is assessed for its implied risk of escalation, often causing rapid price adjustments as traders reassess the probability of an actual conflict occurring before the market closes.