TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 1, 7:44 AM EST
Polymarket
This market will resolve to the number of calendar days on which North Korea (DPRK) conducts a missile launch during July 2026, Pyongyang Time. If a single test event spans multiple calendar days, it will count only for the day on which it began. Only test launches of ballistic missiles, cruise missiles, and anti-ship missiles will qualify. Test launches of other systems, including surface-to-air missiles (SAMs), multiple launch rocket systems (MLRS)/rocket artillery, torpedoes, or similar systems, will not qualify. Resolution will be based on publicly available information from reliable sources such as official government statements, reports from international monitoring bodies like the United Nations, or reports from reputable international media.
This market will resolve to the number of calendar days on which North Korea (DPRK) conducts a missile launch during July 2026, Pyongyang Time. If a single test event spans multiple calendar days, it will count only for the day on which it began. Only test launches of ballistic missiles, cruise missiles, and anti-ship missiles will qualify. Test launches of other systems, including surface-to-air missiles (SAMs), multiple launch rocket systems (MLRS)/rocket artillery, torpedoes, or similar systems, will not qualify. Resolution will be based on publicly available information from reliable sources such as official government statements, reports from international monitoring bodies like the United Nations, or reports from reputable international media.
Prediction markets and traditional analyst forecasts often diverge because they operate on different incentive structures. Analysts publish qualitative assessments based on historical patterns and geopolitical expertise, while traders in this market face direct financial consequences for accuracy. Current odds suggest a high probability outcome, yet independent security analysts may offer more cautious or varied estimates depending on their assumptions about North Korean leadership intentions and regional tensions. Comparing the market's implied probability to published expert commentary can reveal where consensus is strongest and where uncertainty remains highest among both communities.
This market resolves around Jul 31, 2026, once the event period closes and the final count of missile tests can be verified. The outcome is determined by counting the number of confirmed tests conducted by North Korea during July 2026 and comparing that total against the threshold specified in the market. Verification relies on credible public reporting from international monitoring agencies, news organizations, and government sources. Once the count is finalized and confirmed, the market settles according to whether the actual number meets or exceeds the stated condition.
Several catalysts could shift odds significantly before resolution. Escalations in US–North Korea diplomatic tensions, new sanctions, or statements from Pyongyang about weapons programs would likely increase the probability of tests. Conversely, surprise diplomatic breakthroughs or international agreements could lower expectations. Technical developments—such as successful or failed test launches by other regional actors—may also influence trader sentiment about North Korean intentions. Media reports of unusual military activity, satellite imagery showing test preparations, or statements from South Korean or US intelligence agencies would provide real-time signals that reshape market pricing as July 2026 approaches.