PolymarketOtherDevelopingUpdated 9m ago

Pete Hegseth out as Secretary of Defense by November 30?

As of Nov 4, 2026, 1:39 PM ET, Polymarket priced this market at 36.5% (down from 49.0% 24 hours earlier). It had $112.1K traded in the past 24 hours, $40.8K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as strong.

Market probability
36.5%
−12.5 percentage points
over 24 hours49.0% → 36.5%
Moving fast

Deep, easy-to-trade market; we can't yet see which accounts drove today's move.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Strong

Consensus stability

Unsettled

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

DeepTight spread

Order-book liquidity

$40.8K

Bid-ask spread

1.0 pts

24h volume

$112.1K

Total volume

$169.5K

It would take roughly $1K of buying to move the price up by ~5 pts.

Lots of money on the book and a tight spread — a single ordinary order can't move this price much.

Who's trading

Whose opinion is this price?

Participation data isn't captured for this market yet.

Participation data isn't captured for this market yet, so we can't say how many accounts set this price.

What this market actually measures

This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date, 11:59 PM ET.

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.

View full official resolution rules

This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Pete Hegseth's resignation/removal by this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.

Why the odds moved

The probability fell 12.5 percentage points over the last 24 hours (49.0% → 36.5%).

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.

What could move this market next?

  • The market's deadline arrivesNovember 30, 2026 at 11:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Nov 4, 1:48 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Probability by deadline

The same event, priced across deadline contracts on this venue.

Extending the deadline from Nov 30 to Dec 31 adds about 6.0 percentage points of implied probability.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±22 pts.

Reacting to newsLegacy movement classifier: watch

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

  • Probability moved 21.0 pts in ≤6h on adequate liquidity

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
12Low
Where the price path tends to go next58 observed
  • Trend continuation66%
  • Choppy / mean-reverting18%
  • Stable consensus8%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityLow· half-life <1h
PredictabilityElevated irreducibility

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.

Change (pts)1H-21.06H-12.524H-12.57D-12.5

Related markets