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icon for Russia x Ukraine ceasefire by May 31, 2026?

Russia x Ukraine ceasefire by May 31, 2026?

icon for Russia x Ukraine ceasefire by May 31, 2026?

Russia x Ukraine ceasefire by May 31, 2026?

7% chance
Polymarket

$1,816,594 Vol.

7% chance
Polymarket

$1,816,594 Vol.

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by May 31, 2026, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward. Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.Trader consensus prices a Russia-Ukraine ceasefire by May 31 at just 7.3% likelihood, reflecting stalled US-brokered Geneva talks and persistent frontline escalations despite short-term unilateral pauses. On April 29, Putin proposed a brief Victory Day truce for May 9 during a call with President Trump, which the Kremlin insists will proceed without Kyiv's consent, echoing the limited 32-hour Orthodox Easter ceasefire earlier in April that failed to build momentum. Ukraine has intensified long-range oil strikes on Russian infrastructure amid Russian advances, underscoring mutual rejection of broader de-escalation amid irreconcilable demands on territory and security guarantees. Absent major diplomatic concessions or summits before late May, traders anticipate continued hostilities.

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by May 31, 2026, 11:59 PM ET.

If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward.

Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify.

Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market.

A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count.

This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.
Volume
$1,816,594
End Date
May 31, 2026
Market Opened
Mar 31, 2026, 4:00 PM ET
This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by May 31, 2026, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward. Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.
This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by May 31, 2026, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward. Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.Trader consensus prices a Russia-Ukraine ceasefire by May 31 at just 7.3% likelihood, reflecting stalled US-brokered Geneva talks and persistent frontline escalations despite short-term unilateral pauses. On April 29, Putin proposed a brief Victory Day truce for May 9 during a call with President Trump, which the Kremlin insists will proceed without Kyiv's consent, echoing the limited 32-hour Orthodox Easter ceasefire earlier in April that failed to build momentum. Ukraine has intensified long-range oil strikes on Russian infrastructure amid Russian advances, underscoring mutual rejection of broader de-escalation amid irreconcilable demands on territory and security guarantees. Absent major diplomatic concessions or summits before late May, traders anticipate continued hostilities.

This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by May 31, 2026, 11:59 PM ET.

If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward.

Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify.

Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market.

A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count.

This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.
Volume
$1,816,975
End Date
May 31, 2026
Market Opened
Mar 31, 2026, 4:00 PM ET
This market will resolve to "Yes" if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in military engagement, between Russia and Ukraine by May 31, 2026, 11:59 PM ET. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of whether the ceasefire officially starts afterward. Only ceasefires which constitute a general pause in the conflict will qualify. Ceasefires which only apply to energy infrastructure, the Black Sea, or other similar agreements will not qualify. Any form of informal agreement will not be considered an official ceasefire. Humanitarian pauses will not count toward the resolution of this market. A peace deal or political framework will qualify if it includes a publicly announced and mutually agreed halt in military engagement, effective on a specific date. Frameworks or agreements that outline terms for a future peace but do not include an explicit, dated commitment to stop fighting will not count. This market's resolution will be based on official announcements from both Russia and Ukraine; however, a wide consensus of credible media reporting stating an official ceasefire agreement between Russia and Ukraine has been reached will suffice.

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Frequently Asked Questions

"Russia x Ukraine ceasefire by May 31, 2026?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 7% for "Yes." For example, if "Yes" is priced at 7¢, the market collectively assigns a 7% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Russia x Ukraine ceasefire by May 31, 2026?" has generated $1.8 million in total trading volume since the market launched on Mar 31, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Russia x Ukraine ceasefire by May 31, 2026?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Russia x Ukraine ceasefire by May 31, 2026?" is 7% for "Yes." This means the Polymarket crowd currently believes there is a 7% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Russia x Ukraine ceasefire by May 31, 2026?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.