This market will resolve to “Yes” if Iran and the United states agree to a permanent peace deal by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 

A permanent peace deal refers to any agreement which explicitly indicates that military hostilities between the United States and Iran have ended or will permanently cease, or uses equivalent language clearly signaling a lasting end to military hostilities between the United States and Iran. Agreements that are explicitly temporary or which do not include a definitive agreement to end military hostilities between the US and Iran on a lasting basis (e.g. a temporary extension of the two-week ceasefire agreement announced on April 7, 2026), will not qualify.

A qualifying agreement will be considered to have been established if either of the following conditions are met:

- The United States and Iran each sign or formally adopt a written agreement (e.g. a treaty or multi-point agreement) which meets the above criteria.

- Both the governments of the United States and Iran provide clear public confirmation that a qualifying agreement has been definitively established. Negotiations, statements of progress, or other statements which do not constitute a definitive announcement that a qualifying agreement has been reached will not count.

The primary resolution source for this market will be official information from the governments of the United States and Iran; however, a consensus of credible reporting may also be used.

December 31

October 31

August 31

US x Iran permanent peace deal by...?

On April 12, 2026, President Donald Trump announced that the United States will blockade the Strait of Hormuz. You can read more about that here: https://www.nbcnews.com/world/iran/live-blog/live-updates-us-iran-fail-reach-deal-peace-talks-day-negotiations-rcna315918.

This market will resolve to "Yes" if President Trump, the US government, or the US military publicly and officially announces the end of the United States blockade of the Strait of Hormuz by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No."

Qualifying statements must clearly and explicitly indicate that the United States has lifted, ended, or will lift or end its blockade of the Strait of Hormuz on a specified date or use equivalently definitive language unambiguously signaling that such blockade has ceased or is set to cease on a specified date (e.g., statements unambiguously indicating that US naval activity in the relevant area has ceased will qualify). 

Statements that merely describe actions inconsistent with the blockade (e.g., "Iran resumed shipping through the Strait of Hormuz") without explicitly indicating the blockade as lifted will not alone suffice.

Informal announcements, statements from unnamed sources, or leaks do not qualify.

Written public statements from Donald Trump (e.g., posts from his personal Truth Social account) will qualify. Videos posted on his social media accounts will also qualify for a "Yes" resolution.

The primary resolution source for this market will be official statements from the US government and/or its official representatives; however, a consensus of credible reporting may also be used.

Note: this market will resolve solely based on whether a qualifying announcement is made within the specified timeframe. Whether the blockade is effectively enforced or whether maritime traffic resumes absent a qualifying announcement will not be considered.

July 31

June 30

June 15

Trump announces US blockade of Hormuz lifted by...?

Project Freedom was a U.S.-led military initiative to escort commercial ships through the Strait of Hormuz.

This market will resolve to “Yes” if Donald Trump, the United States government, or the United States military announces that Project Freedom will be restarted by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement explicitly stating that “Project Freedom” will be restarted will qualify. Additionally, any announcement of a substantially equivalent United States military program to escort, protect, or retrieve commercial ships in or through the Strait of Hormuz will qualify.

Only definitive announcements will qualify. Suggestions, expressions of openness, reported preparations, or other non-definitive statements will not qualify.

Any qualifying announcement within this market’s time frame will count, regardless of whether or when the announced program goes into effect.

The primary resolution source will be official information from Donald Trump, the United States government, and the United States military; however, a consensus of credible reporting may also be used.

May 15

May 31

Will Trump restart Project Freedom by...?

This market will resolve according to the country in which the next diplomatic meeting between government representatives of the United States and Iran takes place by June 30, 2026, 11:59 PM ET.

A diplomatic meeting refers to a deliberate meeting between representatives of the listed countries who are acting in an official capacity and are authorized to engage in negotiation or diplomacy regarding US-Iranian relations on behalf of their governments. Meetings conducted indirectly, for example, through designated mediators, facilitators, or interlocutors acting with the knowledge and authorization of the relevant governments, will qualify. 

Brief greetings, chance encounters, or talks otherwise not deliberately aimed at diplomacy or negotiation will not count.

The meeting must be in-person (including indirect meetings) and must be publicly acknowledged by either government or reported by a consensus of credible media. Remote meetings, phone calls, or other meetings where the relevant parties are not present will not count.

If the next diplomatic meeting between government representatives of the United States and Iran takes place in any country in the Middle East or North Africa other than the listed options, this market will resolve to “Other - Middle East/North Africa”. 

If the next diplomatic meeting between government representatives of the United States and Iran takes place in any country in Europe other than the listed options, this market will resolve to “Other - Europe”.

For the purposes of this market, additional countries’ regions will be determined based on the US State Department’s regional classifications in the “Countries and Areas List” (https://www.state.gov/countries-and-areas-list). Any country classified as part of “Europe and Eurasia” will be considered to be in Europe. Any country classified as part of “Near East (Middle East and North Africa)” will be considered to be in the Middle East.

If the next diplomatic meeting between government representatives of the United States and Iran takes place in any unlisted country which is not classified in either of the specified regions, this market will resolve to “Other”.

If no qualifying meeting takes place by June 30, 2026, 11:59 PM ET, this market will resolve to “No Meeting by June 30”.

If a qualifying meeting occurs in more than one country, resolution will be based on where the first qualifying diplomatic session takes place.

The resolution sources for this market will be official information from the governments of the United States and Iran, and a consensus of credible reporting.

Pakistan

No Meeting by June 30

Other - Europe

where US-Iran meeting

Where will the next US-Iran diplomatic meeting happen?

This market will resolve to "Yes" if President Trump, the US government, or the US military publicly and officially announces that no ceasefire between the United States and Iran is in effect between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No."

Qualifying statements must clearly indicate that there is no longer any US-Iran ceasefire commitment to refrain from military hostilities in effect, including statements that the US is no longer committed to such an agreement. The expiration of a prior agreed ceasefire period without  extension will not alone qualify. 

Announcements of a new agreement (e.g, a broader peace framework or ceasefire extension) that supersedes the initial ceasefire agreement while maintaining a mutual commitment to a halt in direct military engagement between the United States and Iran will not qualify. 

Statements that merely reference violations, breaches, or non-compliance with the ceasefire will not alone qualify.

Informal announcements, statements from unnamed sources, or leaks do not qualify.

Written public statements from Donald Trump (e.g., posts from his personal Truth Social account) will qualify. Videos posted on his social media accounts will also qualify for a "Yes" resolution.

The primary resolution source for this market will be official statements from Donald Trump, the US government and the US military; however, a consensus of credible reporting may also be used.

Note: this market will resolve solely based on whether a qualifying announcement is made within the specified timeframe. Whether the ceasefire actually ends in practice or whether hostilities resume will not be considered.

This market will resolve to "Yes" if the U.S. publicly and officially announces, between Market Creation and the End Date (11:59 PM ET) that no ceasefire between the U.S. and Iran is in effect. Otherwise, this market will resolve to "No."

Qualifying statements must clearly indicate that there is no longer any commitment in effect between the U.S. and Iran to refrain from military hostilities. 

Statements that the US is no longer committed to such an agreement will qualify. 

The expiration of a prior agreed ceasefire period without extension will not alone qualify. 

Statements that merely reference violations, breaches, or non-compliance with the ceasefire will not alone qualify.

Announcements of a new agreement (e.g, a broader peace framework or ceasefire extension) that supersedes the initial ceasefire agreement while maintaining a mutual commitment to a halt in military hostilities will not qualify. 

The primary resolution source for this market will be official statements from Donald Trump, the U.S. government and the U.S. military; however, a consensus of credible reporting may also be used.

Informal announcements, statements from unnamed sources, and leaks will not qualify.

Written public statements from Donald Trump (e.g., posts from his personal Truth Social account), and videos posted on his social media accounts, will qualify. 

Note: this market will resolve solely based on whether a qualifying announcement is made within the specified timeframe. Whether the ceasefire actually ends in practice or whether hostilities resume will not be considered.

June 12

Trump announces US x Iran ceasefire over by...?

This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Russia between May 28 and December 31, 2025, 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 U.S. 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. 

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.


This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Russia between January 6 and December 31, 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 U.S. 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. 

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.

December 31, 2026

This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Russia between May 28 and June 30, 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 U.S. 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. 

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.


June 30, 2026

US x Russia military clash by...?

This market will resolve to "Yes" if Iran publicly agrees to surrender its enriched uranium stockpile by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An official pledge by Iran to surrender its enriched uranium stockpile will qualify for a “Yes” resolution whether as a unilateral announcement or part of an agreement with the U.S. or Israel.

An agreement by Iran to surrender any amount of its enriched uranium stockpile will count.

To qualify, Iran must publicly agree that its enriched uranium stockpile, or any portion thereof, will be transferred, shipped, or placed under the custody or control of any entity outside of Iran and its influence, excluding non-state armed groups or Iranian-aligned organizations (such as Hezbollah, the Houthis, or similar actors).

Any agreement or pledge made before the resolution date of this market will qualify, regardless of if/when the agreement goes into effect.

An agreement by Iran to surrender its enriched uranium stockpile as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal.

Agreements to merely limit or cap the level or quality of enrichment—such as reducing enrichment to below weapons-grade thresholds—will not qualify.

The primary resolution source for this market will be a consensus of credible reporting.

This market will resolve to "Yes" if Iran publicly agrees to surrender its enriched uranium stockpile by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An official pledge by Iran to surrender its enriched uranium stockpile will qualify for a “Yes” resolution whether as a unilateral announcement or part of an agreement with the U.S. or Israel.

An agreement by Iran to surrender any amount of its enriched uranium stockpile will count.

To qualify, Iran must publicly agree that its enriched uranium stockpile, or any portion thereof, will be transferred, shipped, or placed under the custody or control of any entity outside of Iran and its influence, excluding non-state armed groups or Iranian-aligned organizations (such as Hezbollah, the Houthis, or similar actors).

Any agreement or pledge made before the resolution date of this market will qualify, regardless of if/when the agreement goes into effect.

An agreement by Iran to surrender its enriched uranium stockpile as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal.

Agreements to merely limit or cap the level or quality of enrichment—such as reducing enrichment to below weapons-grade thresholds—will not qualify.

The primary resolution source for this market will be a consensus of credible reporting.

This market will resolve to "Yes" if Iran publicly agrees to surrender its enriched uranium stockpile by July 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An official pledge by Iran to surrender its enriched uranium stockpile will qualify for a “Yes” resolution whether as a unilateral announcement or part of an agreement with the U.S. or Israel.

An agreement by Iran to surrender any amount of its enriched uranium stockpile will count.

To qualify, Iran must publicly agree that its enriched uranium stockpile, or any portion thereof, will be transferred, shipped, or placed under the custody or control of any entity outside of Iran and its influence, excluding non-state armed groups or Iranian-aligned organizations (such as Hezbollah, the Houthis, or similar actors).

Any agreement or pledge made before the resolution date of this market will qualify, regardless of if/when the agreement goes into effect.

An agreement by Iran to surrender its enriched uranium stockpile as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal.

Agreements to merely limit or cap the level or quality of enrichment—such as reducing enrichment to below weapons-grade thresholds—will not qualify.

The primary resolution source for this market will be a consensus of credible reporting.

This market will resolve to "Yes" if Iran publicly agrees to surrender its enriched uranium stockpile by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An official pledge by Iran to surrender its enriched uranium stockpile will qualify for a “Yes” resolution whether as a unilateral announcement or part of an agreement with the U.S. or Israel.

An agreement by Iran to surrender any amount of its enriched uranium stockpile will count.

To qualify, Iran must publicly agree that its enriched uranium stockpile, or any portion thereof, will be transferred, shipped, or placed under the custody or control of any entity outside of Iran and its influence, excluding non-state armed groups or Iranian-aligned organizations (such as Hezbollah, the Houthis, or similar actors).

Any agreement or pledge made before the resolution date of this market will qualify, regardless of if/when the agreement goes into effect.

An agreement by Iran to surrender its enriched uranium stockpile as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal.

Agreements to merely limit or cap the level or quality of enrichment—such as reducing enrichment to below weapons-grade thresholds—will not qualify.

The primary resolution source for this market will be a consensus of credible reporting.

Iran agrees to surrender enriched uranium stockpile by...?

This market will resolve to “Yes” if the US government or military officially announces or confirms that it has gained possession of any quantity of enriched uranium previously controlled by Iran by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

“Possession” means that the United States has actual physical custody or control of the enriched uranium, whether held within U.S. territory or elsewhere. Announcements of deals, agreements, commitments, or plans under which the United States would acquire possession of Iranian enriched uranium at a later time will not qualify.

Qualifying possession of Iranian enriched uranium may be acquired through any means, including through an agreed surrender or seizure.

A widespread consensus of credible reporting that the United States has gained possession of Iranian enriched uranium will also qualify for a “Yes” resolution, even if the United States makes no formal announcement.

The primary resolution source for this market will be official information from the government of the United States; however, a widespread consensus of credible reporting may also be used.

This market will resolve to “Yes” if the US government or military officially announces or confirms that it has gained possession of any quantity of enriched uranium previously controlled by Iran by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

“Possession” means that the United States has actual physical custody or control of the enriched uranium, whether held within U.S. territory or elsewhere. Announcements of deals, agreements, commitments, or plans under which the United States would acquire possession of Iranian enriched uranium at a later time will not qualify.

Qualifying possession of Iranian enriched uranium may be acquired through any means, including through an agreed surrender or seizure.

A widespread consensus of credible reporting that the United States has gained possession of Iranian enriched uranium will also qualify for a “Yes” resolution, even if the United States makes no formal announcement.

The primary resolution source for this market will be official information from the government of the United States; however, a widespread consensus of credible reporting may also be used.

This market will resolve to “Yes” if the US government or military officially announces or confirms that it has gained possession of any quantity of enriched uranium previously controlled by Iran by July 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

“Possession” means that the United States has actual physical custody or control of the enriched uranium, whether held within U.S. territory or elsewhere. Announcements of deals, agreements, commitments, or plans under which the United States would acquire possession of Iranian enriched uranium at a later time will not qualify.

Qualifying possession of Iranian enriched uranium may be acquired through any means, including through an agreed surrender or seizure.

A widespread consensus of credible reporting that the United States has gained possession of Iranian enriched uranium will also qualify for a “Yes” resolution, even if the United States makes no formal announcement.

The primary resolution source for this market will be official information from the government of the United States; however, a widespread consensus of credible reporting may also be used.

This market will resolve to “Yes” if the US government or military officially announces or confirms that it has gained possession of any quantity of enriched uranium previously controlled by Iran by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

“Possession” means that the United States has actual physical custody or control of the enriched uranium, whether held within U.S. territory or elsewhere. Announcements of deals, agreements, commitments, or plans under which the United States would acquire possession of Iranian enriched uranium at a later time will not qualify.

Qualifying possession of Iranian enriched uranium may be acquired through any means, including through an agreed surrender or seizure.

A widespread consensus of credible reporting that the United States has gained possession of Iranian enriched uranium will also qualify for a “Yes” resolution, even if the United States makes no formal announcement.

The primary resolution source for this market will be official information from the government of the United States; however, a widespread consensus of credible reporting may also be used.

US obtains Iranian enriched uranium by...?

This market will resolve to "Yes" if the United States agrees to the continued enrichment of uranium by Iran by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

Continued enrichment of uranium by Iran refers to US acceptance of the enrichment of, or the right to enrich, any quantity of uranium by Iran for any future amount of time. Agreements that include limitations, restrictions, or specified terms (e.g., caps on enrichment level, monitoring requirements) will qualify, provided the United States accepts continued enrichment.

The United States will be considered to have agreed to the continued enrichment of uranium by Iran if:

- Donald Trump or another authorized representative of the Government of the United States publicly announces that they have definitively agreed to accept the continued enrichment of uranium by Iran.
- Continued enrichment of uranium by Iran is included as part of a treaty or deal that is formally established between the United States and Iran, either through signing or other formal means.

Agreement refers to an explicit acceptance, authorization or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify.

Any definitive agreement or commitment made before the resolution date will be considered, regardless of when or whether the specified action is begun.

The primary resolution source for this market will be official statements from Donald Trump and the US government and their official representatives; however a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.

This market will resolve to “Yes” if the United States agrees to remove, suspend, waive, or otherwise reduce any sanctions restricting Iranian oil exports by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Sanctions restricting Iranian oil exports refers to U.S. restrictions that prohibit or limit the production, sale, transport, purchase, or export of crude oil, petroleum, or petrochemical products from Iran, including associated shipping, insurance, and financial transactions necessary for such exports. This includes both primary sanctions, which apply to U.S. persons, and secondary sanctions, which apply to non-U.S. persons or entities engaging in such activities.

The United States will be considered to have agreed to remove, suspend, waive, or reduce such sanctions if:
- Donald Trump or another authorized representative of the Government of the United States publicly announces that the United States has definitively agreed to remove, suspend, waive, or otherwise reduce any sanctions restricting Iranian oil
- The removal, suspension, waiver, or reduction of any such sanctions is included as part of a treaty or deal formally established between the United States and Iran, including through signing or other formal means.

Agreement refers to an explicit acceptance, authorization, or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify.

Any definitive agreement or commitment made before the resolution date will qualify, regardless of when or whether the specified action is implemented.

The primary resolution source for this market will be official statements from Donald Trump, the U.S. government, and their official representatives; however, a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.

Oil Sanction Relief

This market will resolve to “Yes” if the United States agrees to unfreeze any Iranian assets by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.”

Unfreezing Iranian assets refers to the release, transfer, or restoration of Iranian access to any assets that are frozen, blocked, or otherwise inaccessible due to U.S. sanctions or restrictions. This includes both assets held in the United States and assets held in foreign jurisdictions where access is restricted due to U.S. sanctions. The removal of sanctions which freeze these assets will also be considered to be unfreezing Iranian assets.

The United States will be considered to have agreed to unfreeze Iranian assets if:
- Donald Trump or another authorized representative of the Government of the United States publicly announces that the United States has agreed to unfreeze any Iranian assets.
- The unfreezing of any Iranian assets is included as part of a treaty or deal that is formally established between the United States and Iran, either through signing or other formal means.

Agreement refers to an explicit acceptance, authorization or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify.

Any definitive agreement or commitment made before the resolution date will be considered, regardless of when or whether the specified action is begun.

The primary resolution source for this market will be official statements from Donald Trump, the U.S. government, and their official representatives; however, a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.

Unfreeze Iranian Assets

This market will resolve to “Yes” if the United States agrees to withdraw troops from the region surrounding Iran by May June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.”

The withdrawal of US troops from the region surrounding Iran refers to any official U.S. or U.S. military initiative or commitment to materially reduce the total number of U.S. military personnel stationed or deployed in the Middle East, Persian Gulf, or countries neighboring or proximate to Iran. A qualifying initiative must be publicly identified as a deliberate reduction in US military presence near Iran. Routine troop movements, relocations, or regular variations in the deployment or stationing of US military personnel, which are not part of a qualifying initiative or commitment, will not count.

The United States will be considered to have agreed to withdraw troops from the region surrounding Iran if:
- Donald Trump or another authorized representative of the Government of the United States publicly announces that the United States has agreed to withdraw troops from the region surrounding Iran.
- The withdrawal of US troops from the region surrounding Iran is included as part of a treaty or deal that is formally established between the United States and Iran, either through signing or other formal means.

Agreement refers to an explicit acceptance, authorization or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify.

Any definitive agreement or commitment made before the resolution date will be considered, regardless of when or whether the specified action is begun.

The primary resolution source for this market will be official statements from Donald Trump, the U.S. government, and their official representatives; however, a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.

Troop Withdrawal

Trump agree Iran

What Iranian demands will Trump agree to by June 30?

This market will resolve to "Yes" if the Islamic Republic of Iran’s current ruling regime is overthrown, collapsed, or otherwise ceases to govern by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

This requires a broad consensus of reporting indicating that core structures of the Islamic Republic (e.g. the office of the Supreme Leader, the Guardian Council, IRGC control under clerical authority) have been dissolved, incapacitated, or replaced by a fundamentally different governing system or otherwise lost de facto power over a majority of the population of Iran. This could occur via revolution, civil war, military coup, or voluntary abdication, but only qualifies if the Islamic Republic no longer exercises sovereign power.

Routine political events such as elections, reforms, or leadership succession do not qualify. Internal coups or power shifts that preserve the Islamic Republic’s core structures also do not qualify. Only a clear break in continuity—such as a new provisional government, revolutionary council, or constitution replacing the Islamic Republic will qualify.

Partial loss of territory or challenges from rebel or exile groups will not qualify unless the Islamic Republic no longer administers the majority of the Iranian population within Iran. 

The resolution source will be a consensus of credible reporting. 

iran regime

Will the Iranian regime fall before 2027?

This market will resolve to "Yes" if the United States commences a military offensive intended to establish control over any portion of Iran 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 Iran or the United States as of November 4, 2025 12:00 PM ET, will be considered the sovereign territory of that country.

The resolution source for this market will be a consensus of credible sources.

US to invade Iran

Will the U.S. invade Iran before 2027?

This market will resolve to “Yes” if Donald Trump resigns or is removed as President or otherwise ceases to be the President of the United States for any period of time by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of Donald Trump's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

Only permanent removal from office will qualify. Temporary removal (e.g. temporary invocation of the 25th Amendment under Section 3 or a Section 4 invocation not sustained by both Houses of Congress) or impeachment without removal will not count.

A sustained invocation of the Twenty-Fifth Amendment, Section 4 (i.e., if both Houses of Congress, by two-thirds vote, uphold the Vice President and Cabinet’s determination of presidential inability) will qualify for a "Yes" resolution. 

The resolution source for this market will be a consensus of credible reporting.

Trump out

Trump out as President by June 30?

This market will resolve to "Yes" if the United States officially announces that Greenland will come under US sovereignty by December 31, 2026, 11:59 PM ET. Otherwise this market will resolve to "No".

Sovereignty is defined as the transfer of the majority of the territory of Greenland from its current status as an autonomous territory within the Kingdom of Denmark to being under the formal governance or jurisdiction of the United States, either as a state, territory, or other classification within the US system.

An official announcement made by the United States and Denmark that Greenland will come under US sovereignty will qualify, even if the actual transfer of sovereignty is yet to occur. Only announcements of official agreements or actions (e.g. executive order, signed legislation, etc.) will count - mere posts on Social Media will not.

The resolution source for this market will be official information from the governments of the US, Greenland, and Denmark, however a consensus of credible reporting confirming that Greenland has come under U.S. sovereignty will also qualify.

geenland deriv

Will Trump acquire Greenland before 2027?

This market will resolve to "Yes" if Iran publicly agrees to end all enrichment of uranium by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An official pledge by Iran to end all enrichment of Uranium will qualify for a “Yes” resolution, whether as a unilateral announcement or part of an agreement with the U.S. or Israel.

Any agreement or pledge made before the resolution date of this market will qualify, regardless of if/when the agreement goes into effect.

An agreement by Iran to end all enrichment of uranium for any amount of time will count.

An agreement by Iran to end all enrichment of uranium as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal. 

Agreements to merely limit or cap the level or quality of enrichment—such as reducing enrichment to below weapons-grade thresholds—will not qualify.

The primary resolution source for this market will be a consensus of credible reporting. 

enrichment of uranium

 Iran agrees to end enrichment of uranium by June 30?

This market will resolve to “Yes” if the listed individual signs a written agreement to which both the United States and the Islamic Republic of Iran are parties by July 31, 2026 11:59 PM ET. Otherwise, this market will resolve to “No”.

A qualifying agreement must be signed by the listed individual acting in an official capacity.

The United States and the Islamic Republic of Iran must both be parties to the agreement; however, it is not required that representatives of either or both countries sign the agreement in order for it to qualify.

The listed individual may sign on behalf of either party, a third-party state, an international organization, or any other party to the agreement.

Both physical signatures and officially issued electronic signatures will qualify as signing.

The primary resolution source for this market will be official information from the relevant governments and parties to the agreement; however, a consensus of credible reporting may also be used.

Abbas Araghchi

JD Vance

Donald Trump

Who will sign U.S. x Iran deal?

This market will resolve to the individual who officially holds the position of the head of state of Venezuela on Dec 31, 2026 at 12 PM ET.

For the purposes of this market, "officially holds" refers to the individual that was formally appointed, confirmed (if confirmation is required), and sworn in as the head of state of Venezuela or otherwise confirmed by official government information as being the head of state of Venezuela. 

If the Venezuelan government does not clearly state who is the head of state, the market will resolve to the individual who is listed as the Head of State by the UN (see: https://www.un.org/dgacm/en/content/protocol/hshgnfa).  

In the event that more than one official head of state is listed by the Venezuelan  government, this market will resolve to the individual who is listed as having primary status. If no distinction is made, the market will resolve to the individual who first assumed the position. 

If no individual holds the position this market will resolve to “No Head of State”. 

The following do NOT constitute "officially holding" the role: nominated, announced, or designated as the head of state of Venezuela but appointment not yet effective; appointed with an effective date after Dec 31, 2026; previously served as the head of state of Venezuela but term has expired, resigned, or been terminated before Dec 31, 2026; serving as the head of state of Venezuela in a consultant, contractor, or unofficial capacity; named as successor or heir apparent to the head of state of Venezuela but not yet appointed; or holding a different role with oversight of the head of state of Venezuela but not the specified position itself.

The primary resolution source will be official information from the UN recognized government of Venezuela. If the Government of Venezuela does not clearly state who is the head of state, information from the UN and a consensus of credible reporting may be used. 

Note: this market is mutually exclusive. 


Nicolás Maduro

Delcy Rodríguez

María Corina Machado

Venezuela leader end of 2026?

This market will resolve to "Yes" if Donald Trump makes any public statement in which he insults, mocks, or attacks any non-fictional individual personally or professionally in a clearly negative manner on the specified date (ET). Otherwise, this market will resolve to "No". 

This includes calling the individual weak, stupid, disloyal, a failure, using an insulting nickname, using other derogatory language, or using the negative form of a positive trait in a derogatory personal way (e.g., “He/She isn’t smart”). Negative forms used in reference to the individual's professional actions, policies, or decisions (e.g., “He/She isn’t being smart about this policy”) will not count. Policy disagreements stated without disparaging language will not count.

A direct reference will qualify even if the individual is not named, so long as it is reasonably clear from context that they are the subject.

Any written, verbal, or recorded public statement by Trump qualifies.

The resolution source will be a consensus of credible reporting.

June 24

June 23

Trump insult on

Will Trump publicly insult someone on...?

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.

Russia x Ukraine ceasefire agreement by...?

This market will resolve according to the location of the next meeting between Donald Trump and Vladimir Putin between September 30 and June 30, 2026, 11:59 PM ET.

This market will resolve to "No meeting by June 30" if no qualifying meeting occurs during this market's timeframe.

A meeting is defined as any encounter where Putin and Trump are all present and interact with each other in person.

An exchange of words, handshake, direct conversation, or other clear personal interaction between the named individuals will qualify as a meeting. Merely standing in proximity, making eye contact, or being present in the same room or event without direct interaction will not qualify.

For this market, Gulf states are defined as the six members of the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates).

The primary resolution source for this market will be a consensus of credible reporting.

No meeting by June 30

Russia

United States

Trump-Putin Meet where

Where will Trump and Putin meet next?

This market will resolve to “Yes” if any finalized daily number of transit calls (“Arrivals of Ships”) for the Strait of Hormuz reported by IMF Portwatch is equal to or above the listed value for any date between market creation and June 30, 2026. Otherwise, this market will resolve to “No”.

Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF Portwatch will not be considered.

Data for a specific date must be finalized before it is considered for this market (namely, once the next date's data point is available, the previous one is finalized).

This market will resolve as soon as a qualifying figure has been finalized or once all relevant data has been finalized. If the data for the final date of the specified timeframe has not been finalized by the end of the third calendar day (ET) after the day on which such data is first released, this market will resolve based on data published up to that point. Additionally, if not all relevant data has been released and finalized within 14 calendar days of the end of the specified period, this market will resolve based on data published up to that point.

In case of obvious data integrity issues (i.e., erroneous data), the market may remain open until the end of the third calendar day (ET) after the date on which such data is first released to allow for corrections. Data integrity issues refer only to clerical or other similar errors in the underlying data, and do not include cases where IMF Portwatch differs from alternative sources.

Only revisions to previously published data points made before the applicable resolution time will be considered.

The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730, both in the chart and through downloadable files.

 __ ships transit the Strait of Hormuz on any day

Will __ ships transit the Strait of Hormuz on any day by June 30?

This market will resolve to “Yes” if the United States signs any written agreement with the Islamic Republic of Iran by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A qualifying agreement must be signed by both an authorized representative of the United States and an authorized representative of the Islamic Republic of Iran.

Both parties must either sign the same document, or sign individual documents which substantively and directly indicate acceptance of the same underlying agreement, regardless of minor or translated differences between the signed versions.

Both physical signatures and officially issued electronic signatures will qualify as signing.

The primary resolution source for this market will be official information from the governments of the United States and Iran; however, a consensus of credible reporting may also be used.

June 22

US and Iran sign an agreement by...?

This market will resolve to "Yes" if Cuba’s current leader, Miguel Díaz-Canel, is removed from power for any length of time by the listed date, ET. Otherwise, this market will resolve to "No". 

For the purposes of this market, Díaz-Canel will be considered to be removed from power if he resigns, is detained, or otherwise ceases to hold (or is publicly reported to be unable to perform the duties of) the office of First Secretary of the Communist Party of Cuba, which is widely regarded as Cuba’s top political post, within this market’s timeframe. 

The primary resolution source for this market will be a consensus of credible reporting.

This market will resolve to “Yes” if Miguel Díaz-Canel ceases to be President of Cuba for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.

An announcement of Miguel Díaz-Canel's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.

The resolution source for this market will be official information from Miguel Díaz-Canel and the government of Cuba; however, a consensus of credible reporting may also be used.

March 31

Miguel Díaz-Canel out as leader of Cuba by...?

This market will resolve to "Yes" if the listed individual attends the next diplomatic meeting between representatives of the United States and Iran by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A diplomatic meeting refers to a deliberate meeting between representatives of the listed countries who are acting in an official capacity and are authorized to engage in negotiation or diplomacy regarding US-Iranian relations on behalf of their governments. Meetings conducted indirectly, for example, through designated mediators, facilitators, or interlocutors acting with the knowledge and authorization of the relevant governments, will qualify.

Brief greetings, chance encounters, or talks otherwise not deliberately aimed at diplomacy or negotiation will not qualify as diplomatic meetings.

The meeting must be in-person (including indirect in-person meetings) and must be publicly acknowledged by either government or reported by a consensus of credible media. Remote meetings, phone calls, or other meetings where the relevant parties are not present will not count.

Attendance refers to the listed individual being physically present and actively participating in negotiations at the meeting.

If the next diplomatic meeting between representatives of the United States and Iran takes place over multiple days, attendance at any part of the meeting will qualify.

The primary resolution source for this market will be official information from the listed individual and the governments of the United States and Iran; however, a consensus of credible reporting will also be used.

Steve Witkoff

Jared Kushner

J.D. Vance

Who will attend the next US x Iran diplomatic meeting?

This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between September 23 and December 31, 2025, 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.

This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between January 2, and December 31, 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.

This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between January 12, and June 30, 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.