NATO x Russia military clash by December 31, 2026?

0xf2bf04609e7458df56c9bb4b1e051286dea11da1c944bbc1dafbcc6b76904e52 · closes Dec 31, 2026 · 260 days remaining

Price

Last
22¢
Bid
21¢
Ask
22¢
Spread
1¢
24h Volume
$9.25
Open Interest
$44,654.931

Indicator Stack

IndicatorValueMeaning
IY (Yes)498.0%Annualized return if held to expiry, computed from the YES side
IY (No)39.6%Annualized return on the NO side
CRI4Cliff Risk Index — how fast the market is approaching resolution
EEEvent Overround — sum of YES prices across sibling outcomes
OverroundMulti-outcome arb signal across the event family
LAS0.05Liquidity Availability Score — null when ticker is outside the warm cron top 500
CVRContagion Velocity Rate — null when not in warm cron
RVRealized Volatility — annualized stddev of returns from 48h price history
VRVol Ratio — realized vol / theoretical max. >0.8 very active, <0.1 dead
IARInfo Arrival Rate — meaningful price changes per hour (48h window)
Adj IY238%Risk-Adjusted IY — penalizes dead markets (low VR) and high friction (high LAS)
Residual VRVR minus expected VR from scheduled catalysts. Positive = market knows something calendar doesn't

7-Day History

28 indicator snapshots · 8 regime snapshots

Regime Snapshot

Score
0.341
Label
neutral
Spread
1¢
Computed
4/15/2026, 3:35:35 AM

About this market

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.

How to trade

View on polymarket: external link →

Or with the sf CLI: sf trade 0xf2bf04609e7458df56c9bb4b1e051286dea11da1c944bbc1dafbcc6b76904e52 yes 100

Related concepts