activeGeopoliticsJuly 24 +41% 24h

US x Iran Effective Ceasefire by...? (2 week pause)

By PolySays EditorialUpdated Editorial method

This market will resolve to “Yes” if there is a continuous 14-day period during which the United States does not take a qualifying military action against Iran that begins at any time between market creation and the specified end date, 11:59 PM ET.

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Current leader
August 31 74%
Largest 24h move
July 24 +41%
24h volume
808.7K
Liquidity
259.2K

Top candidates

4 outcomes

August 31

74%

+22% 24h

August 14

57%

+24% 24h

July 31

47%

+31% 24h

July 24

43%

+41% 24h

Market rules, made readable

Official description

How this market is decided

See what is changing

Resolves Yes

This market will resolve to “Yes” if there is a continuous 14-day period during which the United States does not take a qualifying military action against Iran that begins at any time between market creation and the specified end date, 11:59 PM ET.

Resolves No

Otherwise this market will resolve to “No.” The first day of the 14-day period will be the calendar date (ET) after the most recent qualifying military action (or the date of market creation, if no qualifying action has occurred).

The period runs through 12:00 PM ET on the 14th calendar day. This market resolves to “Yes” if any such period is completed where the most recent qualifying military action occurred on or before the specified end date (ET). A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the United States, that directly impacts Iran.

An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles.

Read the complete resolution rules

The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g.

MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action.

Debris, fragments, or any wreckage from intercepted munitions that land on Iran do not constitute a military action regardless of any damage incurred. A military action will be considered to impact Iran if it directly impacts the terrestrial territory of Iran, including any internal waters. Maritime territory and airspace are not encompassed.

Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources.

Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (ET) from the date of the first credibly reported evidence of the action.

If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, the action will be judged based on the totality of information available from the resolution sources at that time.

No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of the United States and Iran and credible reporting.

Living timeline · 1 significant update

Sharp move with no clear public catalyst yet

Odds chart

Candidate probability over time

Story so far

Limited confidence

August 14 moved higher from 51.5% to 61.5% (+10.0 points) between 2026-07-26T07:30:08.807Z and 2026-07-26T14:00:09.536Z; there is no clear public catalyst yet.

The latest move is visible, but the public source trail is still thin.

Latest update

Sharp move with no clear public catalyst yet

August 14 moved higher from 51.5% to 61.5% (+10.0 points) between 2026-07-26T07:30:08.807Z and 2026-07-26T14:00:09.536Z; there is no clear public catalyst yet.

Why this matters

Market moves can show where expectations are changing. PolySays adds the source trail so the price is not treated as proof on its own.

Known catalysts

  • No catalyst has been confirmed yet.

Unresolved questions

  • No open questions have been logged yet.

People and institutions to watch

Nothing specific is being tracked yet.

Source trail

No public sources are attached yet.

Living timeline

Significant updates

  1. The "August 14" outcome in "US x Iran Effective Ceasefire by...? (2 week pause)" made a sharp move from 51.5% to 61.5% between 2026-07-26T07:30:08.807Z and 2026-07-26T14:00:09.536Z. PolySays has not found a clear public news source, official statement, or other confirmed catalyst that explains the timing of this move. The move may reflect private interpretation, social discussion, liquidity conditions, or information that has not yet appeared in reliable public sources.

    What changed

    The market repriced by +10.0 points, but the public narrative has not caught up with a confirmed explanation.

    What to watch next

    Watch for official statements, later reporting, social posts that become verifiable public context, and whether volume or the new probability level holds in later snapshots.

    Sources

    No external sources are attached yet.

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