Politics Russia

Russia x Ukraine Ceasefire Date

October 31
$822.75K Vol.
3.6% 0.5%
December 31
$1.01M Vol.
10.5%

Odds summary

December 31 currently leads the Russia x Ukraine Ceasefire Date prediction market at 10.5% reported probability on Polymarket. The figures below combine live odds, liquidity, volume, and open interest so readers can compare the market signal before reading the full analysis.

Volume$2.19M Liquidity$299.97K Open Interest$632.58K Last updated35 seconds ago

Odds, liquidity, volume, and open interest are sourced from Polymarket and last synced at Oct 4, 2026 9:52 pm.

What could move the odds?

Informational summary of factors that may affect the reported prediction-market probabilities.

Market-implied thesis

The December 31 price implies a limited chance that a Russia-Ukraine ceasefire will take effect by year-end and survive the required 10 uninterrupted days.

This is a claim about a durable operational halt, not merely an announcement: the rule requires the ceasefire to be in force by the date and remain continuous for 10 calendar days.

Mixed signal 66% CatalystA verifiable ceasefire agreement entering into force RiskDurability requirement excludes short-lived pauses

What could reprice it

A U.S. sanctions decision or other concrete response to Ukraine’s reported sanctions proposal could alter negotiating incentives and reprice year-end ceasefire expectations.

AP reported on September 30 that Ukraine planned to present a sanctions wish list to Washington. No dated post–October 3 decision is supplied, so this is a catalyst category rather than a scheduled event.

Mixed signal 52% CatalystSanctions-policy decision affecting Russia’s incentives RiskNo decision date or outcome is specified

Where the market may be weak

The contract’s short-dated framing can compress several uncertainties into one price: agreement, implementation timing, and 10-day compliance all must occur before resolution.

The October and December contracts are separate underlying binaries in a multi-timeframe event. A ceasefire announced near a cutoff may still fail if it does not enter force in time or breaks during the 10-day test.

Rules risk 58% CatalystCeasefire effective date and subsequent compliance RiskSettlement hinges on timing and continuous effect

Counter-signal

The clearest reason the implied year-end thesis could fail is that UN reporting still described very high civilian casualties and an active, highly unstable conflict in 2026.

On September 23, 51 UN member states called for an immediate, full and unconditional ceasefire. Repeated external calls and ongoing casualties indicate diplomatic pressure has not yet produced a durable halt.

Strong signal 72% CatalystContinued hostilities or failure of ceasefire talks RiskDiplomatic pressure may not change battlefield conditions

Market details

Resolution criteria
This market will resolve to "Yes" if a ceasefire between Russia and Ukraine goes into effect by 11:59 PM Eastern European Time (EET) on the specified date and remains continuously in effect for at least 10 calendar days. Otherwise, this market will resolve to "No".
Platform
Category
Politics › Russia
Close date
December 31, 2026, 9:59 PM UTC
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 Russia x Ukraine Ceasefire Date odds?

Polymarket reports Russia x Ukraine Ceasefire Date odds with December 31 at 10.5% and October 31 at 3.6%. These probabilities are market-implied and can change as liquidity and trading activity update. The latest market snapshot includes $2.19M volume, $299.97K liquidity, and $632.58K open interest. CryptoSlate last synced this market data at Oct 4, 2026, 20:52 UTC.

What could move the Russia x Ukraine Ceasefire Date prediction market odds?

The December 31 price implies a limited chance that a Russia-Ukraine ceasefire will take effect by year-end and survive the required 10 uninterrupted days. This is a claim about a durable operational halt, not merely an announcement: the rule requires the ceasefire to be in force by the date and remain continuous for 10 calendar days. Catalysts to watch include A verifiable ceasefire agreement entering into force, Sanctions-policy decision affecting Russia’s incentives, and Ceasefire effective date and subsequent compliance.

How does the Russia x Ukraine Ceasefire Date prediction market resolve?

This market will resolve to "Yes" if a ceasefire between Russia and Ukraine goes into effect by 11:59 PM Eastern European Time (EET) on the specified date and remains continuously in effect for at least 10 calendar days. 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.

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