Bab el-Mandeb Strait effectively closed by September 30?
Probability
20¢
1h
-0.5pp
24h
-1.0pp
24h Vol
$427.20
Liquidity
$7.8K
Canonical status
confidence: highSource status (Polymarket)
Derived status (Orrery)
Reason
Expiry is in the past but upstream has not confirmed a resolution.
Expiry passed and the market has not been officially resolved. Do not treat the price as the outcome.
Resolution & Risk
LOW risk- End date
- Apr 30, 2026
- UMA status
- n/a
- Resolution source
- Market type
- Binary
- Wide spread (7.0¢) — liquidity risk on entry/exit.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 3 factors- 01Price move
Down 1pp over 24h
Now 20¢; -0.5pp in the last hour.
- 02Active signal
Resolution-risk observation firing
Market has reached expiry. Watch the UMA dispute window.
- 03Spread cost
Wide spread — 7.0¢
Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.
What to track next
- Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.
Verification actions only — never trade recommendations.
Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.
Resolution & Risk
LOW risk- End date
- Apr 30, 2026
- UMA status
- n/a
- Resolution source
- Market type
- Binary
- Wide spread (7.0¢) — liquidity risk on entry/exit.
Timeline
critical · price · trade flowCritical
- 02:31SignalLOW
Resolution risk
Market has reached expiry. Watch the UMA dispute window.
Price movement
-1.0pp over the last 24h, now 20¢.
Biggest hourly move: -25.0pp at 13:00 (to 25¢).
Show 7 hourly moves
- 20:00 · -5.5pp → 21¢
- 18:00 · -4.5pp → 25¢
- 17:00 · -6.0pp → 24¢
- 16:00 · -6.0pp → 24¢
- 15:00 · -6.0pp → 24¢
- 14:00 · -7.0pp → 24¢
- 13:00 · -25.0pp → 25¢
Active signals
Recent Trades
No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.
Related Markets
2Market Description
This market will resolve to “Yes” if IMF PortWatch publishes a 7-day moving average of transit calls (“Arrivals of Ships”) for the Bab el-Mandeb Strait less than or equal to 10 for any date between market creation and the listed date. Otherwise, this market will resolve to “No”. This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published. If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point. Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered. The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.
Why this category?
confidence: lowCategory
Source
Reason
No override, sports marker, rule, or upstream hint matched. Market is unclassified — the keyword rules need an entry for this topic.
Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.
FAQ — questions readers actually ask
What is the current Polymarket probability for "Bab el-Mandeb Strait effectively closed by September 30?"?
As of Sat, 09 May 2026 02:31:13 GMT, YES is priced at 20% implied probability on Polymarket. The price changed -1.0pp in the last 24 hours, -0.5pp in the last hour, and +0.0pp in the last 7 days.
When does this market resolve?
This market resolves by Apr 30, 2026 (2026-04-30T00:00:00.000Z). Resolution is determined from the market description on Polymarket.
What source determines the outcome?
Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.
How much is being traded on this market?
$427.20 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $554.81. Open liquidity in the YES/NO orderbooks: $7.8K. Spread between best bid and best ask: 7.0¢.
Is this a trade recommendation?
No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.
How fresh is this data and where does it come from?
This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.
Alerts
In-app banners fire as soon as a rule is satisfied. Email, Telegram, and Discord delivery are coming soon — every existing rule will keep working without changes.