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Ukraine signs peace deal with Russia before 2027?

Unlikely

-7 pts$2.4M traded

Probability over time

last 30 days
28%Yes · -9 pts over period20%

What this means

Traders currently price this at 20% — the market's collective estimate that it happens. The market leans toward no. Over the last 7 days the odds moved -7 pts.

How this resolves

This market will resolve to “Yes” if, Ukraine signs any written instrument (e.g., treaty, ceasefire/armistice, framework/“roadmap,” exchange of letters, or mediated agreement text) that: (i) includes both Ukraine and the Russian Federation as parties, and (ii) either ends hostilities/establishes a ceasefire or commits both sides to a defined process toward ending the war (i.e., stated objective of peace/normalization plus principles, steps, and/or a timetable) by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Only Ukraine’s signature is required; Russia’s signature or ratification is not. Localized, temporary, or issue-specific arrangements—such as airstrike-limitation or deconfliction protocols, humanitarian pauses, evacuation corridors, prisoner-exchange or trade/export arrangements, border/DMZ adjustments, or ceasefires limited to a particular sector/…

Resolves: Dec 31, 2026

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