As of Oct 11, 2026, 5:24 PM ET, Polymarket priced this market at 58.5% (little changed over 24 hours). It had $13.6K traded in the past 24 hours, $43.3K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as moderate.
Thin market where small orders can move the price, with broad trading across many accounts.
Source: Polymarket price history
Is the move backed by real trading and depth?
The pricing has partial support: healthy trading volume and market depth, a tight spread.
Has the market settled at the new probability?
The probability has held near its current level over the past several hours.
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
$43.3K
Bid-ask spread
1.0 pts
24h volume
$13.6K
Total volume
$81.3K
It would take roughly $5.4K of buying to move the price up by ~5 pts.
Little money on the book — a modest order can move this price, so treat swings with care.
Whose opinion is this price?
Accounts
71
Trades
200
over 2 days
Largest order
$3.8K
$20.5K traded across these 200 trades (last 2 days).
Many independent accounts traded — the price reflects a crowd, not one bettor.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
This market will resolve to "Yes" if Perim Island is no longer under Houthi control by the specified date, 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 Perim Island is no longer under Houthi control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". “The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen. “No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island. Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own. An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established. If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island. If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”. The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Oct 11, 5:27 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
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 ±14 pts.
A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.
The latest price is a usable but caveated read — weigh it with the market state.
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Thin market.
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.
24h volume
$13.6K
Liquidity
$43.3K
Total volume
$81.3K