
Russia x Ukraine ceasefire agreement by...?
The Field
5 of 15§ Market context
About this market
Traders currently see December 31, 2027 as the leading outcome, at a 71% probability across 18 listed outcomes. The market has traded approximately $7.87M in volume as of the latest update. It is scheduled to resolve by January 1, 2028.
- Status
- Live trading
- Leading outcome
- December 31, 2027 (71%)
- Volume
- $7.87M
- Liquidity
- $875.31K
- Resolution date
- January 1, 2028
- Outcomes
- 18
- Last updated
- September 22, 2026
Rules and resolution
This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A ceasefire agreement refers to any mutually-agreed suspension of direct military engagement between Russia and Ukraine, which is either officially announced by both countries or confirmed by a consensus of credible reporting to have been mutually agreed by both countries. A broader peace deal, normalization agreement, political framework, truce, or humanitarian pause will qualify if it includes a mutually agreed suspension of direct military engagement, to be effective on a specified date. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered a ceasefire agreement. Only agreements which constitute a general pause in the conflict will qualify. Agreements which only apply to specific conflict categories (e.g. restrictions on certain target categories or certain locations) will not qualify. If a qualifying agreement is officially reached before this market’s end date, this market will resolve to “Yes,” regardless of whether the ceasefire agreement officially takes effect after that date. The primary resolution sources for this market will be official information from the governments of Russia and Ukraine and 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.
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Prediction-market prices can move quickly and past probabilities do not guarantee outcomes. Nothing on this page is financial advice.