US Gov confirms PHP2Shell exploitation date?

Current Odds

October 31
$2.05K Vol.
90.5%
December 31
$2.6K Vol.
98%

Odds Summary

December 31 leads at 98% reported probability on Polymarket.

Volume$4.65K Liquidity$24.49K Open Interest$1.8K

Polymarket · Last synced

Market Analysis

PHP2Shell market tracks CISA catalog additions by two deadlines

PHP logo on a damaged server rack with exposed cables, an unlocked padlock, PHP2Shell warning, and the U.S. Capitol.

The October 31 and December 31 contracts resolve on whether either specified PHP2Shell CVE is added to CISA’s KEV Catalog, using the entry’s Date Added.

Polymarket’s “US Gov confirms PHP2Shell exploited by…?” event lists separate October 31 and December 31, 2026 deadlines. In the imported snapshot reviewed on October 23, the quoted Yes probabilities were 90.5% for October and 94% for December. These prices describe trader expectations at that time; they do not establish that CISA has already added either vulnerability to its catalog.

The qualifying event is a CISA KEV addition

Despite the broad wording of the title, the resolution condition is specific. The US Cybersecurity and Infrastructure Security Agency must add CVE-2026-109618 or CVE-2026-109619, the two vulnerabilities identified in the rules as PHP2Shell, to its Known Exploited Vulnerabilities (KEV) Catalog by the relevant deadline at 11:59 p.m. Eastern Time. If that condition is not met, the corresponding contract resolves No.

Either CVE is sufficient; the rules do not require both to appear. They also expressly allow a Yes result if either identifier was already in the catalog when the market was created. The relevant catalog entry’s Date Added determines whether the addition falls within the contract’s timeframe.

General exploitation reports are a different form of evidence

A patch release, a high severity score or a report that a flaw can be exploited does not by itself demonstrate the catalog addition required by this market. Reports of actual attacks may be relevant context, but they must be distinguished from the specified settlement condition. The PHP2Shell nickname alone is also insufficient to identify which CVE a report concerns.

The rules name CISA’s KEV Catalog as the primary resolution source and also permit official CISA announcements and a consensus of credible reporting. Readers assessing settlement should check the exact identifiers, the nature of the evidence and the relevant Date Added rather than treating every government warning as equivalent to a catalog entry.

The deadlines describe cumulative windows

An eligible catalog addition dated on or before October 31 would fall within both listed deadlines. An addition after the October cutoff but by December 31 could satisfy the later contract while leaving the earlier one No. These are separate Yes/No contracts, not mutually exclusive alternatives for the precise date of an addition.

The imported October quote was 3.5 percentage points below the December quote. That difference shows how the two contracts were priced, but it does not establish the pace of CISA’s review or explain why participants traded. There is no verified basis here for asserting that agency processing, a particular incident or an expected announcement caused the gap.

Reading the market snapshot

The event displayed approximately $3.42K in volume, $26.66K in liquidity and $1.84K in open interest in the reviewed import. These trading measures can change and do not confirm an underlying security incident. The final imported deadline is January 1, 2027, at 04:59 UTC, corresponding to December 31 at 11:59 p.m. ET.

The decisive settlement check is whether an eligible KEV entry for either CVE meets the applicable date requirement. This analysis does not independently confirm an existing catalog addition or an exploited system. Source records and the individual contract’s rules should be checked together when determining the result.

Sources

Polymarket market and full rules
CISA Known Exploited Vulnerabilities Catalog

What Could Move the Odds?

Market-Implied Thesis

The 90.5% October 31 Yes price implies traders largely expect CISA to add at least one specified PHP2Shell CVE to KEV by that deadline.

This is a claim about a CISA catalog action, not a direct estimate of exploitation prevalence; the rules require CVE-2026-109618 or CVE-2026-109619.

Mixed signal 58% CatalystCISA KEV addition before October 31, 11:59 PM ET RiskLimited market participation data

What Could Reprice It

A CISA decision to add either named CVE to the KEV Catalog before October 31 is the decisive near-term event and would likely settle the first timeframe.

The market's rule ties a Yes outcome to an exact catalog inclusion, making an official KEV update more consequential than commentary or unverified exploitation reports.

Strong signal 88% CatalystCISA KEV Catalog update RiskTiming of catalog publication

Where the Market May Be Weak

The signal rests on modest $4.65K volume and $1.8K open interest despite $26.58K displayed liquidity, so quoted odds may not reflect broad participation.

Liquidity indicates available quoted depth, not proven consensus. The 3.9-point December move over 24 hours can therefore reflect limited flow as well as new information.

Thin signal 42% CatalystAdditional trading or official disclosure RiskDepth may overstate consensus

Counter-Signal

The thesis can fail even if concern grows: settlement requires CISA to list one of two exact CVE identifiers by the stated cutoff, not merely confirm exploitation.

A non-addition, an addition after the applicable deadline, or a KEV entry using neither specified CVE produces No under the market rules.

Strong signal 82% CatalystNo qualifying KEV entry by deadline RiskExact-CVE and deadline dependency

Market Details

Resolution criteria
This market will resolve to “Yes” if the US Cybersecurity and Infrastructure Security Agency (CISA) adds CVE-2026-109618 or CVE-2026-109619 (the critical PHP vulnerabilities known as “PHP2Shell”) to its Known Exploited Vulnerabilities (KEV) Catalog by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.
Platform
Category
Tech › Tech
Scheduled deadline
January 1, 2027, 4:59 AM UTC
Settlement source
cisa.gov
Market rules summary
Multi-timeframe Polymarket event. Each listed timeframe is represented by its Yes price on the underlying binary market. View full rules

Frequently Asked Questions

What are the current US Gov confirms PHP2Shell exploitation date odds?

Polymarket reports US Gov confirms PHP2Shell exploitation date odds with December 31 at 98% and October 31 at 90.5%. These probabilities are market-implied and can change as liquidity and trading activity update. The latest market snapshot includes $4.65K volume, $24.49K liquidity, and $1.8K open interest. CryptoSlate last synced this market data at Oct 24, 2026, 03:17 UTC.

What could move the US Gov confirms PHP2Shell exploitation date prediction market odds?

The 90.5% October 31 Yes price implies traders largely expect CISA to add at least one specified PHP2Shell CVE to KEV by that deadline. This is a claim about a CISA catalog action, not a direct estimate of exploitation prevalence; the rules require CVE-2026-109618 or CVE-2026-109619. Catalysts to watch include CISA KEV addition before October 31, 11:59 PM ET, CISA KEV Catalog update, and Additional trading or official disclosure.

How does the US Gov confirms PHP2Shell exploitation date prediction market resolve?

This market will resolve to “Yes” if the US Cybersecurity and Infrastructure Security Agency (CISA) adds CVE-2026-109618 or CVE-2026-109619 (the critical PHP vulnerabilities known as “PHP2Shell”) to its Known Exploited Vulnerabilities (KEV) Catalog by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. Multi-timeframe Polymarket event. Each listed timeframe is represented by its Yes price on the underlying binary market. The settlement source listed for this market is cisa.gov.

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