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338,429

Markets across

33,294

events

MATCHED EVENTS:

4,242

PLATFORM COVERAGE:

5

Polymarket:

42%

VS.

Kalshi:

58%

Israel x Hamas ceasefire cancelled by December 31?

14%chance
Amount

$

You will be redirected to the platform to complete this trade.
Outcome
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Total markets: 7

Intro

This market tracks whether a ceasefire between Israel and Hamas, established on October 9, 2025, will be cancelled by December 31, 2026. On Polymarket, the current probability that the ceasefire will be cancelled is 14.5%. The resolution source is official announcements from Israel or Hamas, or a consensus of credible reporting. Watch for any definitive cancellation announcement by either side before the December 31, 2026 deadline to determine the outcome.

Polymarket

On October 9, Israel and Hamas signed a deal implementing a ceasefire: https://www.reuters.com/world/middle-east/israel-hamas-agree-gaza-ceasefire-return-hostages-2025-10-09/ This market will resolve to "Yes" if a either Israel or Hamas announce the cancellation of the ongoing ceasefire, or if a consensus of credible reporting confirms that the ceasefire is no longer in effect, by October 31, 2025, 11:59 PM ET. Otherwise this market will resolve to "No". Announcements that one side or another violated the ongoing ceasefire will not be enough to resolve this market to "Yes"; only a definitive announcement by Israel or Hamas, or otherwise a wide consensus of credible reporting that that the ceasefire has been ended, will qualify to resolve this market to "Yes". The primary solution resolution source will be official information from Hamas or the government of Israel, however a consensus of credible reporting may also be used.

Frequently asked questions

Prediction market odds on Polymarket reflect real-money incentives and aggregate trader expectations, often diverging from traditional polling on Middle East conflict outcomes. While polls capture public sentiment at a snapshot in time, prediction markets incorporate forward-looking assessments from participants with financial stakes. For this event, market prices embed expectations about diplomatic negotiations, military posture, and international pressure—factors that polls may lag in capturing. Comparing the two reveals whether markets are pricing in more or less ceasefire fragility than public opinion suggests.

On Polymarket, the Israel x Hamas ceasefire cancelled by...? market is priced as a binary contract reflecting the probability of cancellation by the specified deadline. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The top outcome currently reflects market consensus on the likelihood of ceasefire breakdown. Prices move based on geopolitical news, statements from Israeli and Hamas leadership, international mediation efforts, and military incidents. Traders buy shares at lower prices if they believe cancellation is more likely than the market implies, and sell if they expect stability. Liquidity of $4,063,054 supports efficient price discovery.

The Israel x Hamas ceasefire cancelled by...? market resolves on Jan 1, 2027. Resolution hinges on whether a formal ceasefire agreement between Israel and Hamas remains in effect or has been cancelled, suspended, or broken by that date. Outcome determination depends on verifiable reports from credible news sources, official statements from both parties, and documented military or diplomatic actions. The market captures uncertainty around whether any agreed terms hold through the deadline or whether renewed hostilities or formal withdrawal by either side triggers cancellation.

Key catalysts for price movement include announcements of ceasefire terms or extensions, statements from Israeli or Hamas leadership signaling commitment or withdrawal, military incidents or alleged violations, international mediation breakthroughs, and humanitarian developments in Gaza. Escalations in rocket fire, airstrikes, or cross-border operations would increase cancellation odds. Conversely, successful aid deliveries, prisoner releases, or diplomatic progress would lower them. Media reports of negotiations, UN involvement, or regional pressure also influence trader positioning. Each development reshapes expectations about whether the ceasefire survives until Jan 1, 2027.