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Polymarket

Russia x Ukraine Ceasefire by...?

Live Polymarket oddsUpdated 05:48 UTCCloses 31 Dec 2026 (in 2 mo)

Most likely: December 31, 2027

53%
Price over the last 7 days, in %
58%51%43%

All outcomes (4)

OutcomeChance24h
December 31, 2027
53%—
March 31, 2027
27%—
December 31
13%▼ 1.0 pts
October 31
<1%▲ 0.1 pts

How this market resolves

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". A ceasefire refers to any mutually agreed suspension of direct military engagement between Russia and Ukraine, which is officially announced by both countries or confirmed by a consensus of credible reporting to have been mutually agreed by both countries, and which constitutes a general suspension of direct kinetic military engagement across the primary theater of the overall conflict. A broader peace deal, normalization agreement, political framework, truce, or humanitarian pause (including holiday ceasefires) will count provided they otherwise qualify under this market’s rules. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered a ceasefire. Agreements which only apply to specific conflict categories (e.g. restrictions on certain target categories or certain locations) will not qualify. Any calendar day (EET) during which the ceasefire is in effect (including the first day of the ceasefire) will count towards the 10-day total. The required 10 day period will end at 11:59 PM EET on the 10th day (inclusive). If a qualifying ceasefire goes into effect prior to this market’s end date, this market will remain open until the ceasefire is no longer in effect, or until the 10 calendar days have been reached. A ceasefire is considered no longer in effect when a consensus of credible reporting indicates the general suspension of hostilities has substantively ended across the primary theater. Tempo…

Questions about this market

What are the odds for “Russia x Ukraine Ceasefire by...”?

On Polymarket, traders currently price December 31, 2027 as the most likely outcome at 53% (as of 24 Oct 2026). The price of a share in cents is the market's implied probability.

What does the percentage mean?

A price of 62¢ means the market implies a 62% chance. A correct share pays $1 when the market resolves, an incorrect one pays nothing, so the price moves as traders update their expectations.

When does this market resolve?

The scheduled close is 31 Dec 2026. Markets can resolve earlier or later according to their rules, shown on this page.

Where can I trade it?

On Polymarket, where availability depends on your country. PredictDesk does not take bets: it shows live odds from Polymarket and Kalshi side by side.

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Odds are implied probabilities from Polymarket and change continuously; they may be delayed. PredictDesk is an information service, not a broker or exchange, and is not affiliated with Polymarket or Kalshi. Nothing here is financial advice. Prediction markets may not be available in your country.