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PolymarketGeopoliticsUpdated 8m ago

Will Russia invade another country in 2026?

Market probability
6.5%
−0.5 percentage points
over 24 hours7.0% → 6.5%
97 days until the event deadline
Deadline: December 31, 2026 at 11:59 PM ET

A repricing with partial backing — read the new probability with some caution.

The pricing has partial support: healthy trading volume and market depth, a tight spread.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Moderate

The pricing has partial support: healthy trading volume and market depth, a tight spread.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$7K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve to "Yes" if Russia commences a military offensive intended to establish control over any portion of any UN member state's territory, other than Ukraine's, by December 31, 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.

View full official resolution rules

This market will resolve to "Yes" if Russia commences a military offensive intended to establish control over any portion of any UN member state's territory, other than Ukraine's, by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". For the purposes of this market, land de facto controlled by any UN member state, as of market creation, will be considered the sovereign territory of that country. The resolution source for this market will be a consensus of credible reporting.

What could move this market next?

  • The market's deadline arrivesDecember 31, 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 Sep 25, 8:40 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

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: low · expected error ±16 pts.

Quote-drivenLegacy movement classifier: watch

What's happening

medium classifier confidence
Quote-driven

A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.

  • Tight spread on a liquid, calm market

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
39Medium
Where the price path tends to go next457 observed
  • Choppy / mean-reverting91%
  • Stable consensus3%
  • Thin-liquidity spike2%

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

DurabilityHigh· half-life ~28h
PredictabilityStable

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.

Market data

24h volume

$28.7K

Liquidity

$55.2K

Total volume

$559.1K

Category
Geopolitics
Venue
Polymarket
Open interest
—
Spread
1.0 pts
Best bid
6.0%
Best ask
7.0%
7-day range
6.5% – 8.5%
Resolves
Dec 31, 2026
Change (pts)1H0.06H-1.024H-0.57D-0.5

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