US announces new Iran agreement/ceasefire extension by May 23?
Probability
24¢
1h
-2.0pp
24h
+0.0pp
24h Vol
$332.6K
Liquidity
$30.4K
Canonical status
confidence: highSource status (Polymarket)
Derived status (Orrery)
Reason
Active market, expiry beyond the near-expiry window.
Resolution & Risk
LOW risk- End date
- —
- UMA status
- n/a
- Resolution source
- Primaryconsensus of credible reportingTypeNews consensusConfidenceextracted · medium
- Market type
- Binary
- No obvious resolution-risk signals in metadata.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 1 factor- 01Volume pressure
Heavy volume on this book — 10.9× turnover
$332.6k traded against $30.4k of visible liquidity. The book is being worked, not just quoted.
What to track next
- Set an alert at the next ±5pp probability move so you find out before the next leg.
- Add to your watchlist — Home will show probability deltas since your last visit.
- Compare against sibling markets in the same event below — divergent pricing across related contracts is the cleanest tell.
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
- —
- UMA status
- n/a
- Resolution source
- Primaryconsensus of credible reportingTypeNews consensusConfidenceextracted · medium
- Market type
- Binary
- No obvious resolution-risk signals in metadata.
Timeline
critical · price · trade flowRecent 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.
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Market Description
This market will resolve to “Yes” if the U.S. officially announces an extension of the ceasefire agreement between the U.S. and Iran, defined as a publicly announced commitment to the continued halt of direct military engagement with Iran or announces a new peace agreement, ceasefire framework, or diplomatic agreement under which the ceasefire will continue by the specified date 11:59 PM ET. Otherwise, this market will resolve to "No". If a qualifying announcement is officially made before the resolution date, this market will resolve to “Yes,” regardless of whether the ceasefire extension ultimately takes effect. A qualifying announcement requires clear public confirmation from the U.S. government that the U.S. has either: 1. Extended its commitment to the ceasefire, either as a dated/time-based extension (e.g. a 60 day extension) or through an explicit statement that the ceasefire has been extended. 2. Renewed the existing ceasefire as part of a broader peace agreement, ceasefire framework, or diplomatic agreement under which the ceasefire will continue. Statements which merely acknowledge, reaffirm, or describe the current ceasefire as remaining in effect, or which outline further negotiations or de-escalation measures, without announcing a new extension period, or successor agreement under which the ceasefire will continue, will not qualify. The following would qualify: - President Trump announcing that “the ceasefire has been extended for another 60 days.” - An official U.S. statement announcing that “the United States and Iran have agreed to extend the ceasefire framework while negotiations continue.” - President Trump’s April 21, 2026 announcement extending the ceasefire “until the Iranian negotiators could reach a unified proposal.” - An announcement that the US and Iran have agreed to a new temporary framework under which the ceasefire would continue as Iran gradually reopens the Strait of Hormuz and the United States begins to unfreeze Iranian assets would qualify. The following would not qualify: - Statements that the ceasefire merely “remains in effect” or “continues to hold,” without announcing a new extension, renewal, or successor agreement. - Statements that “the ceasefire will remain in effect while negotiations continue,” without announcing that the ceasefire itself has been extended, or a new framework or deal has been reached - Statements that negotiations are progressing, that talks are ongoing, or that the parties are “getting closer” to a deal, without announcing that the ceasefire itself has been extended, renewed, or continued under a new agreement. An overwhelming consensus of credible reporting that a qualifying extension or successor agreement has been definitively established will also suffice for a “Yes” resolution. This market’s resolution will be based on official statements from the U.S. government and will not require confirmation from Iran.
Why this category?
confidence: highCategory
Source
Matched term
iranReason
Question text contains the high-signal keyword "iran" — matched the Geopolitics rule.
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 "US announces new Iran agreement/ceasefire extension by May 23?"?
As of Sat, 23 May 2026 23:31:42 GMT, YES is priced at 24% implied probability on Polymarket. The price changed +0.0pp in the last 24 hours, -2.0pp in the last hour, and +0.0pp in the last 7 days.
When does this market resolve?
Resolution date is not yet set on Polymarket. Settlement source when posted: 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?
$332.6K of trading volume in the last 24 hours. Lifetime volume on Polymarket: $332.6K. Open liquidity in the YES/NO orderbooks: $30.4K. Spread between best bid and best ask: 1.0¢.
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
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