TOTAL VOLUME:
$154.4b
24H VOL:
$235,918,089
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,884,820,873
413,109
Markets across
40,428
events
MATCHED EVENTS:
4,364
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Nov 1, 3:27 AM EST
Polymarket
This market will resolve to “Yes” if Israeli Airspace (The Tel Aviv Flight Information Region (FIR)/LLLL) is closed at any point between October 15, 2026, 12:00 AM ET and October 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A qualifying closure occurs when the aviation or governmental authority responsible for overseeing the specified airspace region issues a Notice to Airmen (NOTAM), or other official order under the regulations of the jurisdiction responsible for that airspace region, which generally cancels or suspends commercial aviation across the specified airspace region, and such closure is not excluded under the exclusions provision below. A qualifying closure must apply generally to commercial flights transiting, arriving in, and departing from the specified airspace region. A closure is not disqualified because the order permits limited exceptions, including humanitarian, medical, repatriation, or emergency flights, or select flights authorized by the responsible authority, provided that commercial flights are prohibited by default, rather than permitted subject to conditions or restrictions. The following are not qualifying closures: (i) closures due to weather, including volcanic and seismic activity; (ii) closures for holidays or religious observances; (iii) closures planned or announced before Contract Issuance; (iv) closures occurring on a regular cadence whose occurrence was determined before Contract Issuance, even if not announced; (v) closures resulting from the failure or malfunction of air traffic control, navigation, communications, power, or other technical systems; (vi) restrictions applying to aircraft by nationality, state of registry, operator, or ownership rather than to commercial traffic generally; (vii) closures of a subset of the specified airspace region, including geographic sectors and altitude bands; (viii) ground stops, flow restrictions, capacity reductions, or other air traffic management measures that delay or restrict traffic without closing the specified airspace region to commercial aviation; and (ix) warnings, no-fly zones, flight suspensions, or other restrictions imposed by any party other than the aviation or governmental authorities responsible for overseeing the specified airspace region. A qualifying closure is deemed to occur at the time the closure takes effect, regardless of when the closure is announced or the order is issued. Where no effective time is included in the order, the closure is deemed to take effect at the time the order is issued. A qualifying closure that took effect before October 15, 2026, 12:00 AM ET and remains in effect at any point between October 15, 2026, 12:00 AM ET and October 31, 2026, 11:59 PM ET will also qualify. The resolution sources for this market will be official information from the Israeli government, including the Ministry of Transport, the Civil Aviation Authority, and the Israel Airports Authority, and a consensus of credible reporting.
This market will resolve to “Yes” if Israeli Airspace (The Tel Aviv Flight Information Region (FIR)/LLLL) is closed at any point between October 15, 2026, 12:00 AM ET and October 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A qualifying closure occurs when the aviation or governmental authority responsible for overseeing the specified airspace region issues a Notice to Airmen (NOTAM), or other official order under the regulations of the jurisdiction responsible for that airspace region, which generally cancels or suspends commercial aviation across the specified airspace region, and such closure is not excluded under the exclusions provision below. A qualifying closure must apply generally to commercial flights transiting, arriving in, and departing from the specified airspace region. A closure is not disqualified because the order permits limited exceptions, including humanitarian, medical, repatriation, or emergency flights, or select flights authorized by the responsible authority, provided that commercial flights are prohibited by default, rather than permitted subject to conditions or restrictions. The following are not qualifying closures: (i) closures due to weather, including volcanic and seismic activity; (ii) closures for holidays or religious observances; (iii) closures planned or announced before Contract Issuance; (iv) closures occurring on a regular cadence whose occurrence was determined before Contract Issuance, even if not announced; (v) closures resulting from the failure or malfunction of air traffic control, navigation, communications, power, or other technical systems; (vi) restrictions applying to aircraft by nationality, state of registry, operator, or ownership rather than to commercial traffic generally; (vii) closures of a subset of the specified airspace region, including geographic sectors and altitude bands; (viii) ground stops, flow restrictions, capacity reductions, or other air traffic management measures that delay or restrict traffic without closing the specified airspace region to commercial aviation; and (ix) warnings, no-fly zones, flight suspensions, or other restrictions imposed by any party other than the aviation or governmental authorities responsible for overseeing the specified airspace region. A qualifying closure is deemed to occur at the time the closure takes effect, regardless of when the closure is announced or the order is issued. Where no effective time is included in the order, the closure is deemed to take effect at the time the order is issued. A qualifying closure that took effect before October 15, 2026, 12:00 AM ET and remains in effect at any point between October 15, 2026, 12:00 AM ET and October 31, 2026, 11:59 PM ET will also qualify. The resolution sources for this market will be official information from the Israeli government, including the Ministry of Transport, the Civil Aviation Authority, and the Israel Airports Authority, and a consensus of credible reporting.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell shares representing their belief about whether Israeli airspace will be closed between October 15th and October 31st. The price of these shares fluctuates based on supply and demand, effectively creating a real-time probability assessment. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price reflects the collective wisdom of traders participating on Polymarket, and the volume of $12,369 suggests a degree of interest in this particular geopolitical question. The market's price is a direct indicator of the perceived likelihood of the event.
This market resolves around Nov 1, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on whether official sources confirm a full or partial closure of Israeli airspace for a continuous period between October 15th and October 31st. The outcome will be determined based on publicly available information regarding air traffic control notices and official government statements. The resolution process focuses on objective evidence of airspace closure, rather than subjective interpretations of geopolitical events.
Several signals could significantly impact this market. Escalations in the Israel-Hamas conflict, such as increased regional attacks or broader military involvement, would likely increase the probability of airspace closure. Conversely, diplomatic breakthroughs or de-escalation efforts could lower the perceived risk. Official statements from Israeli government officials regarding air travel restrictions or security concerns will also be closely watched. Any announcements regarding international flight cancellations or reroutings could also move this market, as would major shifts in intelligence assessments regarding potential threats.