TOTAL VOLUME:
$147.3b
24H VOL:
$172,964,198
24H TRANSACTIONS:
2,798,566,680
OPEN INTEREST:
$1,800,387,182
518,213
Markets across
38,398
events
MATCHED EVENTS:
2,848
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
December 31
- Polymarket
December 31 - Polymarket
1W
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Vol.
·
Resolves Dec 31, 2026
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This market will resolve to “Yes” if, according to the ISW map, Russia captures the intersection Tsentralna volytsia x Peremohy volytsia at 48.492703° N, 37.607318° E in Dovha Balka, Donetsk Oblast, between market creation and the specified date, 11:59 PM ET. The intersection will be considered captured if any part of the intersection is shaded under a below specified layer on the ISW map (https://storymaps.arcgis.com/stories/36a7f6a6f5a9448496de641cf64bd375) by the resolution date. Otherwise, the market will resolve to “No”. For any change on the ISW map to qualify for this market’s resolution, the relevant shading must persist through the next full ISW daily update cycle. If ISW skips a day, shading must persist until the next finalized ISW update is published, regardless of the date. Any continuous shading under the following layers will qualify: - Assessed Russian-Controlled Terrain - Assessed Russian Advances Shading under the following layers will not qualify: - Assessed Russian Infiltration Areas - Claimed Russian Territory Once a qualifying condition is met, any subsequent loss of control will not be considered towards the resolution of this market. If Russia comes into control of the specified territory as a result of a negotiated settlement, this will qualify for a 'Yes' resolution, regardless of whether it is shaded under a qualifying layer on the ISW map. However, an announcement of a negotiated settlement that gives Russia de jure control will not qualify. Actual control must be established. Intersection Location: https://polymarket-upload.s3.us-east-2.amazonaws.com/Dovha+Balka+intersection+zoom.png Intersection Location in Dovha Balka: https://polymarket-upload.s3.us-east-2.amazonaws.com/Dovha+Balka+intersection.png Dovha Balka Location: https://polymarket-upload.s3.us-east-2.amazonaws.com/Dovha+Balka.png Location on Google Maps: https://maps.app.goo.gl/Sp1hCRWLBnNtSwTk8 The primary resolution source for this market will be the ISW Ukraine map. If the ISW map is rendered unavailable, information from DeepStateMap (https://deepstatemap.live/) may be used. If information from both the ISW and DeepStateMap are rendered permanently unavailable, a consensus of credible reporting may be used. Note: Any temporary glitches or errors in the map will not be considered.
This market will resolve to “Yes” if, according to the ISW map, Russia captures the intersection Tsentralna volytsia x Peremohy volytsia at 48.492703° N, 37.607318° E in Dovha Balka, Donetsk Oblast, between market creation and the specified date, 11:59 PM ET. The intersection will be considered captured if any part of the intersection is shaded under a below specified layer on the ISW map (https://storymaps.arcgis.com/stories/36a7f6a6f5a9448496de641cf64bd375) by the resolution date. Otherwise, the market will resolve to “No”. For any change on the ISW map to qualify for this market’s resolution, the relevant shading must persist through the next full ISW daily update cycle. If ISW skips a day, shading must persist until the next finalized ISW update is published, regardless of the date. Any continuous shading under the following layers will qualify: - Assessed Russian-Controlled Terrain - Assessed Russian Advances Shading under the following layers will not qualify: - Assessed Russian Infiltration Areas - Claimed Russian Territory Once a qualifying condition is met, any subsequent loss of control will not be considered towards the resolution of this market. If Russia comes into control of the specified territory as a result of a negotiated settlement, this will qualify for a 'Yes' resolution, regardless of whether it is shaded under a qualifying layer on the ISW map. However, an announcement of a negotiated settlement that gives Russia de jure control will not qualify. Actual control must be established. Intersection Location: https://polymarket-upload.s3.us-east-2.amazonaws.com/Dovha+Balka+intersection+zoom.png Intersection Location in Dovha Balka: https://polymarket-upload.s3.us-east-2.amazonaws.com/Dovha+Balka+intersection.png Dovha Balka Location: https://polymarket-upload.s3.us-east-2.amazonaws.com/Dovha+Balka.png Location on Google Maps: https://maps.app.goo.gl/Sp1hCRWLBnNtSwTk8 The primary resolution source for this market will be the ISW Ukraine map. If the ISW map is rendered unavailable, information from DeepStateMap (https://deepstatemap.live/) may be used. If information from both the ISW and DeepStateMap are rendered permanently unavailable, a consensus of credible reporting may be used. Note: Any temporary glitches or errors in the map will not be considered.
Comparing the probabilities reflected in this market to those from traditional analyst forecasts reveals interesting insights. While analysts often offer nuanced assessments, this market distills those perspectives into a single, quantifiable probability. Currently, the implied probability differs from many publicly available geopolitical analyses, which suggest a lower likelihood of Russian forces capturing Dovha Balka within the timeframe. This divergence may reflect the wisdom of the crowd, incorporating information not fully captured in standard reports, or differing interpretations of the same data. It's important to consider both sources when forming an informed opinion.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell shares representing their belief in the outcome. The price of a share directly reflects the probability of Russia capturing Dovha Balka by the resolution date, as determined by supply and demand. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current top outcome, Russia capturing Dovha Balka by the specified date, has a chance percentage of 59.0%. Traders are constantly adjusting their positions, leading to dynamic price fluctuations that reflect new information and evolving expectations regarding the conflict.
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 Russia has established and maintains control of Dovha Balka by the specified date, as determined by publicly available and independently verifiable information. The resolution will be based on a clear demonstration of control, not simply temporary presence or skirmishes in the area. The market will close and payouts will be distributed based on whether the outcome is deemed to have occurred.
Several signals and events could significantly move this market. Major shifts in the military situation around Dovha Balka, such as a large-scale offensive or a significant Ukrainian counteroffensive, would likely have a substantial impact. Changes in geopolitical dynamics, including shifts in international support for either side, could also influence trading activity. Furthermore, credible reports of troop movements, strategic gains or losses, or changes in military leadership could all contribute to price fluctuations in this market. Any news impacting the overall trajectory of the conflict has the potential to shift trader sentiment.