TOTAL VOLUME:

$41.1b

24H VOL:

$108,040,032

24H TRANSACTIONS:

2,819,523,799

OPEN INTEREST:

$1,638,571,346

66,513

Markets across

1,349

events

MATCHED EVENTS:

139

PLATFORM COVERAGE:

4

Polymarket:

45%

VS.

Kalshi:

55%

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US x Russia military clash by...?
polymarket

US x Russia military clash by...?

May 28, 2025, 6:16 PM EST - Dec 31, 2026, 11:59 PM EST
Total volume:
$1,810,945
Volume 24h:
$67
66%
Liquidity:
$22,205
8%
Open interest:
$10,172N/A

December 31, 2026

 - Polymarket

December 31, 2026 - Polymarket

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Dec 31, 2026

US x Russia military clash by December 31, 2026?

4%chance
Amount

$

Trade on
polymarket

Trade on Polymarket

At 4.6¢ buys you 2,174 shares | Odds: 4% Total Payout: $2,174 | Net Profit: $2,074 Multiplier: 21.74x | ROI: 2,074% APY not meaningful 66 days to resolution
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

December 31, 2026

Trade
4%
1%
Yes 4.6¢No 97.6¢
2.2¢
$22,205
$1,087,715
0.01%
N/A
N/A
2mo 6d
active
polymarket

December 31

0%
Yes 0¢No 100¢
—
N/A
$417,001
N/A
N/A
N/A
Settled
No
polymarket

June 30, 2026

0%
Yes 0¢No 100¢
—
N/A
$200,032
N/A
N/A
N/A
Settled
No
polymarket

January 31

0%
Yes 0¢No 100¢
—
N/A
$106,196
N/A
N/A
N/A
Settled
No
Total markets: 4

Description

This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Russia between May 28 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between U.S. and Russian military forces. Non-violent actions, such as airspace violations, firing of warning shots (such as the June, 2021 Black Sea Confrontations between Russian forces and HMS Defender), or cyberattacks will not qualify. Intentional physical collisions, including aerial interceptions and naval ramming without the direct use of weaponry, such as the 2023 Black Sea incident—where a Russian Su-27 damaged a U.S. MQ-9 Reaper drone's propeller, leading to its crash— will not qualify regardless of damage. Military contractors will qualify only if confirmed to be operating under the direct command or coordination of the respective state’s armed forces (e.g. the Battle of Khasham would not qualify). The resolution source for this market will be a consensus of credible reporting.

Polymarket

This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Russia between May 28 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between U.S. and Russian military forces. Non-violent actions, such as airspace violations, firing of warning shots (such as the June, 2021 Black Sea Confrontations between Russian forces and HMS Defender), or cyberattacks will not qualify. Intentional physical collisions, including aerial interceptions and naval ramming without the direct use of weaponry, such as the 2023 Black Sea incident—where a Russian Su-27 damaged a U.S. MQ-9 Reaper drone's propeller, leading to its crash— will not qualify regardless of damage. Military contractors will qualify only if confirmed to be operating under the direct command or coordination of the respective state’s armed forces (e.g. the Battle of Khasham would not qualify). The resolution source for this market will be a consensus of credible reporting.