Markets/Geopolitics/NATO x Russia military clash by...?
NATO x Russia military clash by...?

NATO x Russia military clash by...?

$7.56MVolSep 236 mkts2 open · 4 closed

The Field

2

§ Market context

About this market

Traders currently see December 31 as the leading outcome, at a 34% probability across 6 listed outcomes. Over the past 24 hours, the leading outcome's probability has moved up 5 percentage points. The market has traded approximately $7.56M in volume as of the latest update. It is scheduled to resolve by January 1, 2027.

Status
Live trading
Leading outcome
December 31 (34%)
Volume
$7.56M
Liquidity
$243.09K
Resolution date
January 1, 2027
Outcomes
6
Last updated
September 22, 2026

Rules and resolution

This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between September 23 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 NATO 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. Interception of missiles or other one-way attack or loitering munitions (e.g. Shahed drones) which are targeting a 3rd party other than the listed countries or their respective forces will not alone qualify. Shooting down UAVs which are not munitions (e.g. MQ-9, Orlan 10, Orion, Bayraktar TB2, etc.) will 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.

Data source and freshness

Odds, volume, and liquidity come from live Polymarket order books. Prices update continuously while trading is open; the figures above reflect the most recent refresh. Probabilities are market prices — what traders collectively pay for a $1 payout if the outcome occurs — not editorial forecasts.

Prediction-market prices can move quickly and past probabilities do not guarantee outcomes. Nothing on this page is financial advice.