TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 7:59 PM EST
Polymarket
This market will resolve according to the finalized total number of transit calls that IMF Portwatch reports for the Strait of Hormuz for all days from June 29, 2026, through July 5, 2026, inclusive. 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. Data for a specific date must be finalized before it is considered for this market (namely, once the next date's data point is available, the previous one is finalized). This market will resolve as soon as data has been finalized for the final date in the specified period. If the data for the final date of the specified period has not been finalized by the end of the third calendar day (ET) after the day on which such data is released, this market will resolve based on data published up to that point. Additionally, if not all relevant data has been released and finalized within 14 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. Only revisions to previously published data points made before the applicable resolution time will be considered. The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730, both in the chart and through downloadable files.
This market will resolve according to the finalized total number of transit calls that IMF Portwatch reports for the Strait of Hormuz for all days from June 29, 2026, through July 5, 2026, inclusive. 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. Data for a specific date must be finalized before it is considered for this market (namely, once the next date's data point is available, the previous one is finalized). This market will resolve as soon as data has been finalized for the final date in the specified period. If the data for the final date of the specified period has not been finalized by the end of the third calendar day (ET) after the day on which such data is released, this market will resolve based on data published up to that point. Additionally, if not all relevant data has been released and finalized within 14 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. Only revisions to previously published data points made before the applicable resolution time will be considered. The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730, both in the chart and through downloadable files.
Prediction markets and sportsbooks operate on fundamentally different models. Sportsbooks set fixed odds and act as the counterparty to every bet, managing risk through margin and limits. This market, by contrast, uses peer-to-peer pricing where traders themselves set odds by buying and selling shares. There is no house taking the other side. Prediction market prices often reflect longer-term, information-rich forecasts on geopolitical and logistical factors, whereas sportsbooks focus on near-term events with established betting patterns. For shipping volume outcomes, prediction markets can aggregate specialized knowledge from maritime analysts and traders in ways traditional betting venues typically do not.
On Polymarket, traders set prices by buying and selling outcome shares in an automated market maker (AMM) pool. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome bracket for weekly ship transit counts has its own share token; the price of each reflects the collective belief in that outcome's likelihood. As traders accumulate conviction, they push prices higher or lower, and the AMM adjusts the cost of subsequent trades to maintain liquidity. This continuous repricing mechanism means the market price updates in real time as new information about geopolitical tensions, weather, sanctions, or port congestion emerges. The spread between bid and ask prices tightens as volume increases, rewarding active participation.
This market resolves around Jul 5, 2026, once the week of June 29 has concluded and shipping data becomes available. The outcome is determined by the actual number of vessels transiting the Strait of Hormuz during that seven-day window, verified against credible public sources including maritime tracking services and official port records. Traders holding shares in the outcome bracket that matches the final count receive their payout; all other positions expire worthless. Resolution typically occurs within days of the week's end, once independent reporting confirms the transit volume.
Several catalysts could shift odds significantly before Jul 5, 2026. Geopolitical escalation in the Persian Gulf—sanctions, military incidents, or diplomatic crises—often reduces transit volume as shipping companies reroute around the Cape of Good Hope. Conversely, de-escalation or OPEC production changes can increase demand and traffic. Weather disruptions, port strikes, or temporary closures at Hormuz or neighboring facilities also influence weekly counts. Oil price swings, global recession signals, and shipping rate movements reflect underlying demand. Traders monitor news from Iran, the UAE, Saudi Arabia, and major oil importers, as well as real-time Automatic Identification System (AIS) data showing vessel positions and flow patterns.