TOTAL VOLUME:
$147.2b
24H VOL:
$139,262,101
24H TRANSACTIONS:
2,798,566,680
OPEN INTEREST:
$1,770,072,055
512,063
Markets across
38,451
events
MATCHED EVENTS:
2,850
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This market will resolve to "Yes" if Eritrean military forces enter Ethiopia by the listed date, 11:59 PM ET in a military operation that establishes control over any portion of Ethiopian territory. Otherwise, this market will resolve to "No". Any Eritrean military operation which remains on the ground inside the territory of Ethiopia for less than 48 hours will not qualify. Mere presence of Eritrean military forces within Ethiopia will not alone qualify, even if for longer than 48 hours. A consensus of credible reporting must demonstrate that such presence is or was part of a military operation which established control over a portion of Ethiopia. Only the entry of Eritrean military forces into the territory of Ethiopia must occur by the listed date, 11:59 PM ET. Where Eritrean military forces enter the territory of Ethiopia by the listed date, but on the listed date, at 11:59 PM ET, control has not yet been confirmed by a consensus of credible reporting, this market will remain open for 7 additional full calendar days (ET) to allow for confirmation. If, at the end of the seventh calendar day, no consensus of credible reporting indicates that the operation has established or did establish control over part of Ethiopia, this market will resolve to "No." No single statement, denial, or presentation of evidence will govern where it is contradicted by a consensus of credible reporting. Hybrid or "grey zone" operations conducted by unmarked personnel will qualify if they are confirmed to be acting under the direct control of the Eritrean state and establish de facto control over territory. For purposes of this market, Ethiopia will be considered to be territory claimed by Ethiopia and not controlled by another state at the time of market creation. Territory claimed by Ethiopia but held by Eritrea or another state will not be relevant for purposes of this market. Search and rescue or hostage rescue operations, operations intended solely to capture specific individuals, operations solely intended to evacuate personnel or to extract or destroy equipment or infrastructure, and intelligence, reconnaissance, or surveillance operations, whether overt or covert, will not qualify unless clearly demonstrated by a consensus of credible reporting to have satisfied this market’s criteria for a “Yes” resolution. Operations conducted with the consent or at the invitation of the government of Ethiopia and strikes by air, missile, drone, or naval forces unaccompanied by ground forces will not qualify. The resolution source for this market will be a consensus of credible reporting.
This market will resolve to "Yes" if Eritrean military forces enter Ethiopia by the listed date, 11:59 PM ET in a military operation that establishes control over any portion of Ethiopian territory. Otherwise, this market will resolve to "No". Any Eritrean military operation which remains on the ground inside the territory of Ethiopia for less than 48 hours will not qualify. Mere presence of Eritrean military forces within Ethiopia will not alone qualify, even if for longer than 48 hours. A consensus of credible reporting must demonstrate that such presence is or was part of a military operation which established control over a portion of Ethiopia. Only the entry of Eritrean military forces into the territory of Ethiopia must occur by the listed date, 11:59 PM ET. Where Eritrean military forces enter the territory of Ethiopia by the listed date, but on the listed date, at 11:59 PM ET, control has not yet been confirmed by a consensus of credible reporting, this market will remain open for 7 additional full calendar days (ET) to allow for confirmation. If, at the end of the seventh calendar day, no consensus of credible reporting indicates that the operation has established or did establish control over part of Ethiopia, this market will resolve to "No." No single statement, denial, or presentation of evidence will govern where it is contradicted by a consensus of credible reporting. Hybrid or "grey zone" operations conducted by unmarked personnel will qualify if they are confirmed to be acting under the direct control of the Eritrean state and establish de facto control over territory. For purposes of this market, Ethiopia will be considered to be territory claimed by Ethiopia and not controlled by another state at the time of market creation. Territory claimed by Ethiopia but held by Eritrea or another state will not be relevant for purposes of this market. Search and rescue or hostage rescue operations, operations intended solely to capture specific individuals, operations solely intended to evacuate personnel or to extract or destroy equipment or infrastructure, and intelligence, reconnaissance, or surveillance operations, whether overt or covert, will not qualify unless clearly demonstrated by a consensus of credible reporting to have satisfied this market’s criteria for a “Yes” resolution. Operations conducted with the consent or at the invitation of the government of Ethiopia and strikes by air, missile, drone, or naval forces unaccompanied by ground forces will not qualify. The resolution source for this market will be a consensus of credible reporting.
Currently, assessing how prediction market odds compare to analyst forecasts requires looking at the broader geopolitical landscape surrounding the Eritrea-Ethiopia conflict. While formal analyst predictions are often qualitative, this market provides a quantitative assessment based on the collective wisdom of traders. Discrepancies between the two may highlight areas where the market perceives information differently than traditional analysts, or where the market is incorporating factors not fully considered in conventional forecasts. It’s important to note that this market reflects real-money bets, potentially offering a more focused signal than opinion-based forecasts.
On Polymarket, this market is priced through a continuous auction mechanism, where traders buy and sell shares representing their belief in the likelihood of Eritrea invading Ethiopia. The price of these shares directly reflects the market’s implied probability. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information emerges, the price adjusts to reflect the evolving consensus. The current price is determined by the forces of supply and demand, with higher demand driving up the price and indicating increased belief in the event occurring, and vice versa.
This market resolves around Jan 1, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on whether Eritrea initiates a full-scale military invasion of Ethiopia, as defined by a substantial deployment of armed forces across the internationally recognized border with hostile intent. Any limited skirmishes or border incidents that do not constitute a full invasion will not trigger resolution in favor of the 'yes' outcome. The resolution will be based on publicly available information and widely accepted definitions of invasion.
Several signals or events could significantly move this market before Jan 1, 2027. Escalating tensions along the Eritrea-Ethiopia border, such as increased military build-up or cross-border clashes, would likely increase the probability of an invasion. Conversely, successful diplomatic negotiations or mediation efforts aimed at de-escalating the conflict could lower the perceived risk. Major political developments within either country, like a change in leadership or a shift in national security policy, could also influence trader sentiment and impact the market price. Any credible reports of imminent military action would also be a key catalyst.