TOTAL VOLUME:

$134.2b

24H VOL:

$134,145,987

24H TRANSACTIONS:

2,388,728,490

OPEN INTEREST:

$1,441,166,947

406,422

Markets across

30,383

events

MATCHED EVENTS:

2,688

PLATFORM COVERAGE:

5

Polymarket:

39%

VS.

Kalshi:

61%

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Houthi military action against Saudi Arabia by...?
polymarket

Houthi military action against Saudi Arabia by...?

Volume:
$78,831

August 15

 - Polymarket

August 15 - Polymarket

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolved Aug 23, 2026

Closed: Aug 22, 8:33 PM EST

polymarket

Polymarket

View
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

August 15

View
100%
13%
Yes 100¢No 0¢
0.1¢
N/A
$67,326
N/A
N/A
N/A
Settled
Yes
polymarket

August 31

100%
Yes 100¢No 0¢
0.1¢
N/A
$11,506
N/A
N/A
N/A
Settled
Yes
Total markets: 2

Description

This market will resolve to “Yes” if the Houthis take a qualifying military action against Saudi Arabia by the specified date, 11:59 PM Arabia Standard Time (AST). Otherwise this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the Houthis, that directly impacts Saudi Arabia. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Yemen do not constitute a military action regardless of any damage incurred. “Saudi Arabia” refers to the terrestrial territory of Saudi Arabia, including its internal waters. Saudi Arabia’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Saudi Arabia as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (AST) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the government and military of Saudi Arabia, the Houthis and credible reporting.

Polymarket

This market will resolve to “Yes” if the Houthis take a qualifying military action against Saudi Arabia by the specified date, 11:59 PM Arabia Standard Time (AST). Otherwise this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the Houthis, that directly impacts Saudi Arabia. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Yemen do not constitute a military action regardless of any damage incurred. “Saudi Arabia” refers to the terrestrial territory of Saudi Arabia, including its internal waters. Saudi Arabia’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Saudi Arabia as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (AST) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the government and military of Saudi Arabia, the Houthis and credible reporting.

Frequently asked questions

The dashboard for the Houthi-Saudi conflict market on Polymarket tracks real-time odds and price history, showing how traders view the likelihood of Houthi military action against Saudi Arabia. It also displays 24-hour volume of $458 to indicate market activity. This single-venue view updates continuously, reflecting the collective sentiment of Polymarket users on this specific geopolitical event.

This market resolves around Aug 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Traders will watch for authenticated military engagements or official announcements that meet the event’s definition. The closing timestamp acts as the final checkpoint for any qualifying activity.

Key signals include escalated border skirmishes, statements from Houthi leaders or Saudi officials, and movements of regional military assets. Each reported incident — even unverified — can shift trader sentiment quickly. Additionally, broader geopolitical developments, such as diplomatic breakthroughs or security pacts involving neighboring states, may also influence odds before Aug 31, 2026.