TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 29, 8:31 PM EST
Polymarket
This market tracks whether the United States will officially announce a halt to offensive operations against Iran by a specific date. On Polymarket, the current probability that the US will announce such a halt is 93.0%, and resolution will be based on official statements from the United States government. Watch for any official announcement before the August 31, 2026 deadline, as this is the key catalyst that will determine the market outcome.
This market will resolve to "Yes" if the United States government, or an authorized representative of the United States government, publicly and officially announces the end, termination, cessation, or suspension of the United States' offensive military action against Iran, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". An announcement qualifies if it communicates that the United States will generally cease offensive military operations against Iran, including an announcement of a ceasefire, truce, or cessation of hostilities to which the United States is a party, even if some measures remain (for example, the naval blockade, sanctions, or a defensive military posture). A time-limited cessation qualifies, provided it constitutes a general suspension of US offensive military action against Iran. A qualifying announcement need not include a commitment from Iran, provided the end or suspension of US offensive military action is communicated. An announcement does not qualify if it reflects only a limited or partial change that stops short of a general end or suspension of offensive military action against Iran. For example, a pause limited to a specific area, target, or operation, a halt to a single wave of strikes while broader operations continue, or a reduction in the scope or intensity of operations would not qualify. A qualifying announcement must be a declarative statement of the United States government's present cessation or suspension of offensive military action against Iran, previously-unannounced prior cessation or suspension of such military action, or definitive decision to cease or suspend such military action. A qualifying announcement must clearly and unambiguously identify the end or suspension of US offensive military action against Iran. Statements that merely allude to, reference, or describe an end to US offensive military action against Iran, without clearly communicating it, do not qualify. The announcement need not use specific terminology or reference a ceasefire by name; an announcement of a resumption of prior obligations, the maintenance of a status quo, or a return to a previously agreed baseline qualifies, provided the substantive policy of ending or suspending offensive military action against Iran is clearly and unambiguously communicated. A qualifying announcement must be made through official channels, by an individual acting in an official capacity. Statements made incidentally or informally in a context not intended for official communication do not qualify. The following do not qualify: Anonymous, unattributed, or leaked statements not confirmed as official; Statements by persons not authorized to speak for the United States government; Third-party speculation, analysis, or predictions that the United States government will announce or implement an end to military action; Satirical, fabricated, hacked, or impersonated communications; Announcements or acceptances of a ceasefire attributed only to Iran, mediating states, or any party other than the United States; and Statements that describe a prospective, contingent, probable, or conditional end to military action rather than announcing a present and decided position. Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether it is later reversed, or whether military action actually ends in practice. Resolution will be based on official information from the United States government, including the President, the Department of Defense, the Department of State, and United States Central Command (CENTCOM), or the official representatives of the United States government.
Prediction markets and traditional polls measure different things: polls capture public opinion snapshots, while markets reflect traders' probabilistic forecasts based on available information and incentives to be accurate. This market's odds may diverge from any concurrent polling on related foreign policy questions because traders incorporate breaking news, diplomatic signals, and historical precedent in real time. Markets often move faster than polls update, making them a complementary lens for tracking expectations around geopolitical developments.
On Polymarket, this market is priced through an automated market maker that converts trader orders into real-time odds between 0 and 100 percent. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome contract trades independently, so the price you see reflects the marginal cost of buying or selling one more share. Deeper liquidity typically narrows spreads and makes prices more stable, while thinner order books can amplify volatility during breaking news or major policy announcements.
This market resolves around Aug 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution hinges on whether an official US announcement of a halt in offensive operations against Iran occurs by that date. Traders should monitor official government statements, press releases, and major news outlets for the announcement that would trigger resolution.
Key catalysts include direct diplomatic negotiations between US and Iranian officials, statements from the White House or State Department, regional military incidents or de-escalation, UN or international mediation efforts, and shifts in congressional or allied pressure on Iran policy. Economic sanctions announcements, changes in US military posture in the Middle East, and statements from Iranian leadership can also shift trader expectations. Major geopolitical shocks—such as attacks on US interests or allies—may rapidly reprrice the odds in either direction as traders reassess the likelihood of an official halt announcement.