TOTAL VOLUME:
$154.4b
24H VOL:
$245,801,863
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,902,097,102
417,059
Markets across
40,178
events
MATCHED EVENTS:
4,415
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Nov 1, 10:12 AM EST
Polymarket
This market will resolve to "Yes" if U.S. personnel directly participate on the ground in an anti-cartel operation or conduct a kinetic action directed against a cartel on foreign soil between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. "U.S. personnel” refers to members of the U.S. Armed Forces and officers or employees of any U.S. government department or agency acting in an official capacity. An anti-cartel operation or kinetic action is “directed against a cartel” if it explicitly targets a cartel, a narcotics-trafficking organization, a narco-terrorist organization, or the personnel, assets, infrastructure, or activities of any such group or organization. A specific cartel or organization need not be named. “Foreign soil” means the terrestrial territory of a country other than the United States, including internal waters within that territory. Territorial seas, other maritime zones, and airspace are excluded. Where borders are disputed, territory claimed by and under the de facto control of a foreign country as of market creation will qualify. A qualifying anti-cartel operation refers to an operation in which U.S. personnel are physically present as part of the force directly engaging cartel personnel, assets, or infrastructure on foreign soil. For example, qualifying operations may include a raid; entry, breach, or search of a target site; a search, arrest, apprehension, detention, boarding, interdiction, or seizure; disabling or destroying cartel assets or infrastructure; or direct ground combat against cartel personnel.U.S. personnel must be physically present on foreign soil at the target site or its immediate perimeter as part of the force carrying out or attempting a qualifying operational action against a cartel target. Such presence qualifies regardless of whether U.S. personnel themselves enter the target site or carry out the action. Mere presence on foreign soil, indirect participation in a joint operation, or involvement limited to training, intelligence, surveillance, logistics, support, advisory, command-and-control, coordination, reconnaissance, patrols, transportation, force protection, inspections, demonstrations, media or information campaigns, or similar activities will not count unless the requirement for physical presence at the target site or its immediate perimeter as part of the force conducting the qualifying action is met. Only operations in which direct U.S. participation is confirmed by official statements from the U.S. government or by an overwhelming consensus of credible reporting, will qualify. For example, previous operations such as the 2014 capture of Joaquín "El Chapo" Guzmán, in which U.S. forces were rumored to have been embedded with Mexican Marines, would not qualify. Qualifying kinetic actions include air strikes and surface-to-surface missile strikes, initiated by U.S. personnel, directed against a cartel target located on foreign soil. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. Kinetic actions that consist primarily or exclusively of munitions that are intercepted before impact will still qualify if they constitute a qualifying kinetic action during the specified timeframe; whether the munitions were intercepted, where the munitions landed, and whether damage resulted will not be considered. The occurrence, attribution to U.S. personnel, timing, location, target, and nature of U.S. participation in a potentially qualifying anti-cartel operation or kinetic action will be determined primarily from official statements from the U.S. government or an overwhelming consensus of credible reporting. Where credible reporting indicates that a potentially qualifying action occurred within the market timeframe but any fact required for qualification is materially disputed or inconclusive, the market will remain open with respect to that action until the earlier of: i) confirmation that the action qualifies through official statements from the U.S. government or an overwhelming consensus of credible reporting; or ii) 11:59 PM ET on the third full calendar day after the first credibly reported evidence of the action. The date of the first credible report will not count as one of the three full calendar days. If this period ends before the specified date and the available evidence remains inconclusive, the market will remain open pending later confirmation or a subsequent qualifying action. If the period extends past the specified date, the market will remain open until the period ends. After the specified date and the expiration of any applicable three-day period, the market will resolve to “No” unless a qualifying anti-cartel operation or kinetic action has been established through official statements from the U.S. government or an overwhelming consensus of credible reporting. The primary resolution source for this market will be official statements from the U.S. government; however, an overwhelming consensus of credible reporting may also be used.
This market will resolve to "Yes" if U.S. personnel directly participate on the ground in an anti-cartel operation or conduct a kinetic action directed against a cartel on foreign soil between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. "U.S. personnel” refers to members of the U.S. Armed Forces and officers or employees of any U.S. government department or agency acting in an official capacity. An anti-cartel operation or kinetic action is “directed against a cartel” if it explicitly targets a cartel, a narcotics-trafficking organization, a narco-terrorist organization, or the personnel, assets, infrastructure, or activities of any such group or organization. A specific cartel or organization need not be named. “Foreign soil” means the terrestrial territory of a country other than the United States, including internal waters within that territory. Territorial seas, other maritime zones, and airspace are excluded. Where borders are disputed, territory claimed by and under the de facto control of a foreign country as of market creation will qualify. A qualifying anti-cartel operation refers to an operation in which U.S. personnel are physically present as part of the force directly engaging cartel personnel, assets, or infrastructure on foreign soil. For example, qualifying operations may include a raid; entry, breach, or search of a target site; a search, arrest, apprehension, detention, boarding, interdiction, or seizure; disabling or destroying cartel assets or infrastructure; or direct ground combat against cartel personnel.U.S. personnel must be physically present on foreign soil at the target site or its immediate perimeter as part of the force carrying out or attempting a qualifying operational action against a cartel target. Such presence qualifies regardless of whether U.S. personnel themselves enter the target site or carry out the action. Mere presence on foreign soil, indirect participation in a joint operation, or involvement limited to training, intelligence, surveillance, logistics, support, advisory, command-and-control, coordination, reconnaissance, patrols, transportation, force protection, inspections, demonstrations, media or information campaigns, or similar activities will not count unless the requirement for physical presence at the target site or its immediate perimeter as part of the force conducting the qualifying action is met. Only operations in which direct U.S. participation is confirmed by official statements from the U.S. government or by an overwhelming consensus of credible reporting, will qualify. For example, previous operations such as the 2014 capture of Joaquín "El Chapo" Guzmán, in which U.S. forces were rumored to have been embedded with Mexican Marines, would not qualify. Qualifying kinetic actions include air strikes and surface-to-surface missile strikes, initiated by U.S. personnel, directed against a cartel target located on foreign soil. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. Kinetic actions that consist primarily or exclusively of munitions that are intercepted before impact will still qualify if they constitute a qualifying kinetic action during the specified timeframe; whether the munitions were intercepted, where the munitions landed, and whether damage resulted will not be considered. The occurrence, attribution to U.S. personnel, timing, location, target, and nature of U.S. participation in a potentially qualifying anti-cartel operation or kinetic action will be determined primarily from official statements from the U.S. government or an overwhelming consensus of credible reporting. Where credible reporting indicates that a potentially qualifying action occurred within the market timeframe but any fact required for qualification is materially disputed or inconclusive, the market will remain open with respect to that action until the earlier of: i) confirmation that the action qualifies through official statements from the U.S. government or an overwhelming consensus of credible reporting; or ii) 11:59 PM ET on the third full calendar day after the first credibly reported evidence of the action. The date of the first credible report will not count as one of the three full calendar days. If this period ends before the specified date and the available evidence remains inconclusive, the market will remain open pending later confirmation or a subsequent qualifying action. If the period extends past the specified date, the market will remain open until the period ends. After the specified date and the expiration of any applicable three-day period, the market will resolve to “No” unless a qualifying anti-cartel operation or kinetic action has been established through official statements from the U.S. government or an overwhelming consensus of credible reporting. The primary resolution source for this market will be official statements from the U.S. government; however, an overwhelming consensus of credible reporting may also be used.
Currently, prediction market odds suggest a high probability that a U.S. anti-cartel operation will occur on foreign soil. This contrasts with traditional polling data, which often struggles to accurately gauge the likelihood of such complex geopolitical events. While polls may capture public opinion on related issues, this market reflects the collective judgment of traders actively assessing the available information and potential catalysts. It's important to remember that prediction markets incentivize accurate forecasting, while polls may be subject to biases and limitations.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell shares representing their belief in each outcome. The price of a share directly reflects the implied probability of that outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market's price movements are driven by supply and demand, with increased buying pressure raising the price and increased selling pressure lowering it. This dynamic pricing ensures that the market reflects the most up-to-date information and collective intelligence of traders.
This market resolves around Jan 1, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on whether a U.S. anti-cartel operation is demonstrably conducted on foreign soil before the resolution date. The specifics of the operation – its target, location, and methods – are not relevant to resolution, only the fact of its occurrence. The outcome will be determined by assessing publicly available information from reputable news sources and government statements.
Several signals could significantly impact this market. Official announcements from the U.S. Department of Justice or other relevant government agencies regarding investigations into international cartels would be a major catalyst. Unexpected geopolitical developments, such as escalating tensions with countries known to harbor cartel activity, could also shift the odds. Furthermore, credible reports of significant disruptions to global supply chains caused by cartel operations might increase the perceived likelihood of intervention. Any evidence suggesting increased U.S. intelligence gathering or military deployments in regions associated with cartel activity could also move this market.