US x Iran Effective Ceasefire by August 31?
A prediction market on Polymarket. Yes is trading at 53.5¢, implying a 54% probability. 24-hour volume is $60.1K. Resolves Aug 31, 2026.
Simulate your payout
- 24-hour volume
- $60.1K
- Total volume
- $61.2K
- Liquidity
- $105.2K
- Resolves
- Aug 31, 2026
- Event
- US x Iran Effective Ceasefire by...? (2 week pause)
- Hosted on
- Polymarket
- Resolution source
- Polymarket / UMA oracle
About this market
This market will resolve to “Yes” if there is a continuous 14-day period during which the United States does not take a qualifying military action against Iran that begins at any time between market creation and the specified end date, 11:59 PM ET. Otherwise this market will resolve to “No.” The first day of the 14-day period will be the calendar date (ET) after the most recent qualifying military action (or the date of market creation, if no qualifying action has occurred). The period runs through 12:00 PM ET on the 14th calendar day. This market resolves to “Yes” if any such period is completed where the most recent qualifying military action occurred on or before the specified end date (ET). A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the United States, that directly impacts Iran. 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. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Iran do not constitute a military action regardless of any damage incurred. A military action will be considered to impact Iran if it directly impacts the terrestrial territory of Iran, including any internal waters. Maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (ET) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, the action will be judged based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of the United States and Iran and credible reporting.
Frequently asked questions
What is this prediction market about?
This is a Polymarket prediction market asking: "US x Iran Effective Ceasefire by August 31?". Traders buy "Yes" tokens if they think the event will occur, or "No" tokens if they think it will not. Each token's price (in cents on the dollar) represents the market's consensus probability of that outcome.
What is the current probability?
The market currently prices "Yes" at 53.5¢, which implies a 54% probability. "No" trades at 46.5¢. The probability updates in real time as traders buy and sell.
When does this market resolve?
This market is scheduled to resolve on Aug 31, 2026. After resolution, the winning side's tokens redeem at $1 each (in USDC) and the losing side at $0.
How is the outcome decided?
Resolution follows Polymarket's standard process via UMA's optimistic oracle: a proposed outcome is submitted, and anyone may dispute it within a challenge window before settlement.
What does buying YES or NO actually mean?
"Yes" and "No" are outcome tokens on the Polygon blockchain. Each one pays out $1 in USDC if its outcome resolves true, otherwise $0. If you buy "Yes" at 53.5¢ and the outcome resolves "Yes", you receive $1 per token; if it resolves "No", your "Yes" tokens are worth nothing.
How much trading activity is there?
Over the last 24 hours, $60.1K has been traded on this market. Total volume since the market opened is $61.2K. Current order-book liquidity is $105.2K — the amount that can be filled at or near the mid-price without significant slippage.
Where is this market hosted?
On Polymarket, the largest prediction-market platform in the world. Polymarket runs on the Polygon blockchain and uses USDC as collateral.
Is Polymarket available everywhere?
No. Polymarket is geographically restricted. Trading is blocked in some jurisdictions, including the United States. Polymarket detects your location and prevents deposits and trades where the service is unavailable. Always verify access from your country before depositing funds.
Can I see the live order book and top holders?
Yes. Spreadiction surfaces the live CLOB order book, top holders by USD value, recent whale trades and derived analytics for every active Polymarket market. Use the navigation: Markets, Whales, Signals, Alpha, Scanner.
Is anything on this page investment advice?
No. Spreadiction is an analytics tool. Nothing on this page is investment, financial, legal or tax advice. Prediction markets carry substantial risk of loss. See the full disclaimer for details.
Trade this market
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