Russia x Ukraine ceasefire before US x Iran ceasefire?

Prediction market · Polymarket

Overview

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran. This market will resolve to "No" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran, before there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine. If neither ceasefire agreement is announced by December 31, 2026, 11:59 PM ET, this market will resolve 50-50. If both ceasefire agreements are announced on the same calendar date, the market will resolve based on which announcement occurred earlier in ET time. 1. Russia x Ukraine ceasefire If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Only ceasefires that constitute a general pause in the conflict will qualify. Ceasefires that only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice. 2. US x Iran ceasefire A qualifying ceasefire agreement requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another. If the agreement is officially reached, it will qualify regardless of whether the ceasefire officially starts afterward. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market. A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. This market’s resolution will be based on official statements from the United States government and the government of Iran. However, a wide consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.

Ticker

russia-x-ukraine-ceasefire-before-us-x-iran-ceasefire

Volume

10.2K

24h volume

6.2K

1w volume

10.2K

Open interest

0

Liquidity

11.2K

Liquidity CLOB

11.2K

Start

Mar 13, 2026

End

Status

Active

Access

Restricted

Created

Mar 13, 2026

Event ID

261442

Slug

russia-x-ukraine-ceasefire-before-us-x-iran-ceasefire

Markets

1

Raw event data
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  "title": "Russia x Ukraine ceasefire before US x Iran ceasefire?",
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  "eventMetadata": {
    "context_description": "Russia-Ukraine peace talks remain stalled amid escalating military actions, including Russian advances in Donetsk and Ukraine's faltering Kursk offensive, with President Putin reiterating demands for territorial concessions and Ukraine's demilitarization that Kyiv rejects outright. No bilateral summits or truces are scheduled, contrasting with US-Iran dynamics where direct exchanges halted after Israel's October strikes on Iranian facilities, prompting tacit de-escalation and ongoing indirect diplomacy through Oman and Qatar to curb proxy attacks by Hezbollah and Houthis. Incoming US President Trump's pledges for swift Ukraine resolution face Russian intransigence, while his \"maximum pressure\" on Iran offers uncertain paths to formal de-escalation; traders' 85% \"No\" consensus reflects the Ukraine conflict's entrenched deadlock as the dominant barrier to an early Russia-Ukraine ceasefire preceding any US-Iran accord.",
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