GeopoliticsCloses · in 47 days$2.5M volumePart of: Israel x Iran ceasefire continues through...? →

Israel x Iran ceasefire continues through December 31?

Gotcha risk

Medium

2 of 4 factors flagged

Watch for: The rules provide detailed technical definitions for what constitutes a breach of the ceasefire, but a reader relying solely on the title might be surprised by specific exclusions.

Read the full assessment

The rules provide detailed technical definitions for what constitutes a breach of the ceasefire, but a reader relying solely on the title might be surprised by specific exclusions. Only direct, unintercepted air strikes or surface-to-surface missile strikes impacting terrestrial land or internal waters count. Munitions intercepted in flight, falling debris or wreckage, cyber operations, naval gunfire, and rocket artillery are strictly excluded, meaning a strike that is entirely shot down or causes damage purely via falling fragments will not resolve the market to No. Resolution depends on a consensus of credible reporting and official military statements from both nations rather than a single primary source, and includes a three-day waiting window to evaluate conflicting claims if a potential strike occurs near the deadline.

Resolver
Medium
Timing
Low
Wording
Low
Exceptions
Medium

AI-generated analysis · google/gemini-3.7-flash ·

Current price

67%

chance

▼ −2 pts · 24h

Yes67¢
No34¢
December 31 · Yes · 1MO 54.5 H 69.5 L 29.0 C 66.5+12.0 (+22.0%)

Why it moved

Latest move

▲ +11 pts24h · detected 10 Nov 2026, 01:55 UTC

The market rose from 56% to 67%, moving alongside a related contract for December 15 which also climbed. Coordinated repricing across related ceasefire outcomes was the likely driver.

  • Largest hourly change: 08:00 UTC, 36% of the net 24-hour change.
  • Closes 51 days after the move hour.
  • 1 related outcome moved in the same window, 1 in the same direction. Largest: December 15 (up).

News check pending.

A possible driver, not a confirmed cause. Wallets are anonymous. Activity is public on-chain; it says nothing about intent.

AI-generated · 10 Nov 2026, 02:05 UTC

Earlier

▲ +11 pts · 7 Nov 2026, 17:55 UTCThe market rose from 47% to 58% as part of a broader repricing across related ceasefire timeline markets, with three other outcome dates also moving upward together.The news search didn't complete, so no catalyst is claimed.AI-generated · 7 Nov 2026, 19:05 UTC

Resolution rules

This market will resolve to "Yes" if a state of ceasefire remains in effect between Israel and Iran through the listed date, 11:59 PM Iran Standard Time (IRST). Otherwise this market will resolve to “No”. A state of ceasefire will be considered to no longer be in effect between Israel and Iran if either Israel or Iran takes a qualifying military action against the other country between market creation and the listed date, 11:59 PM IRST. A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Israel or Iran, that directly impacts the other country. 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 Israel or Iran do not constitute a military action regardless of any damage incurred. A military action will be considered to impact Israel or Iran if it directly impacts the terrestrial territory of Israel or 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 the relevant state 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 (IRST) 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, this market will resolve 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 Israel and Iran and credible reporting.

Market explained

This market measures whether the ceasefire between Israel and Iran holds without qualifying military strikes directly impacting either country's territory through December 31, 11:59 PM IRST.

How it resolves

The market resolves to Yes if a state of ceasefire remains in effect through December 31, 11:59 PM IRST. The market resolves to No if either Israel or Iran takes a qualifying military action against the other country during the covered period. A qualifying action is an air strike or surface-to-surface missile strike directly impacting terrestrial territory or internal waters. Intercepted munitions, debris/fragments, surface-to-air missiles, cyber operations, ground incursions, naval/artillery fire, short-range loitering munitions/FPVs/ATGMs, and threats do not count. Resolution is determined by a consensus of official information from the Israeli and Iranian governments/militaries and credible reporting.

Resolution source

Official information from the governments and militaries of Israel and Iran, and credible reporting.

AI-generated analysis · google/gemini-3.7-flash ·