Market capacity
How hard is it to move this price?
Order-book liquidity
$21.2K
Bid-ask spread
1.0 pts
24h volume
$306.5K
Total volume
$308.7K
Little money on the book — a modest order can move this price, so treat swings with care.
As of Oct 23, 2026, 4:22 PM ET, Polymarket priced this market at 5.5% (down from 26.0% 24 hours earlier). It had $306.5K traded in the past 24 hours, $21.2K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as weak.
Thin market where small orders can move the price — and today's move was spread across many accounts.
Source: Polymarket price history
Is the move backed by real trading and depth?
The pricing has weak support: healthy trading volume and market depth, a tight spread.
Has the market settled at the new probability?
The probability moved another 18.5 points in the past hour — the market is still repricing.
Will the rules resolve without ambiguity?
The resolution rules are relatively specific, with a named source and a defined deadline.
Two different questions: how hard the price is to move, and whose trading set it.
How hard is it to move this price?
Order-book liquidity
$21.2K
Bid-ask spread
1.0 pts
24h volume
$306.5K
Total volume
$308.7K
Little money on the book — a modest order can move this price, so treat swings with care.
Whose opinion is this price?
Accounts
80
Trades
200
over 2h
Largest order
$2.3K
$10.1K traded across these 200 trades (last 2h).
Many independent accounts traded — the price reflects a crowd, not one trader.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between market creation and November 15, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between market creation and November 15, 2026, 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.
The probability fell 20.5 percentage points over the last 24 hours (26.0% → 5.5%).
No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Oct 23, 4:36 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
The same event, priced across deadline contracts on this venue.
Extending the deadline from Nov 30 to Dec 31 adds about 7.5 percentage points of implied probability.
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±28 pts.
The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.
Read the latest price with caution; conditions make it an unreliable summary right now.
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Trending.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.