PoliticsMulti-outcomeExpires Oct 31, 2026
Creator

Will Les Républicains hold 117-120 French Senate seats after the 2026 election?

Probability

22¢

1h

-4.5pp

24h

-22.5pp

24h Vol

$36.00

Liquidity

$258.13

Research loop

Inspect detail

Read the move, holders, recent trades, source, and resolution risk before saving anything.

Canonical status

confidence: medium

Source status (Polymarket)

active

Derived status (Orrery)

ILLIQUID

Reason

Liquidity is below $1,000 — price discovery is unreliable.

The derived status is computed from the source flags plus the live YES price, so a market trading near a rail can read as PRICE-PINNED while upstream is still active. That isn't the same as resolved.

Methodology explanation

Review-only opportunity

No paper intent is emitted from the public opportunity row. Paper action appears only after the paper governor evaluates the row.

read_only_explanationpaper-onlysend false

Why this market is in review

signal

Resolution-source risk

15% source confidence on this opportunity row.

Paper-only action

paper-only

Review-only opportunity

read_only_explanation; no live order, no network send, no raw secrets.

Risk / veto readback

review

Resolution review required

The public opportunity row has not passed the paper governor; source wording and settlement state remain review blockers.

Source evidence

source

4 mapped surfaces

283/283 sources runtime-backed; all registered sources are runtime-backed; live authority remains false.

Signals

  • Resolution-source riskwatch

    15% source confidence on this opportunity row.

Veto / blockers

  • Resolution review requiredwatch

    The public opportunity row has not passed the paper governor; source wording and settlement state remain review blockers.

  • Confidence below paper gatewatch

    Paper policy needs at least 72% confidence before any paper intent can be proposed.

Costs / sizing

Research score
Composite opportunity score before paper-governor costs and vetoes.
3
Capacity
Estimated research capacity, not an approved size.
$500
Liquidity
Market liquidity visible on the opportunity row.
$258
Explanation packet2026-06-16.1
DecisionSignalsVetoes and capsCostsDriftShadow policyLearning statusAuthority
What can be learned
Source-to-runtime coverage283/283 runtime-backed0 unmapped

all registered sources are runtime-backed; live authority remains false; this card cites mapped surfaces only.

P32-Source-to-Runtime-Coverage-Matrix-v1semantic_risk_kernelmethodology_runtime_boundarypromotion_gate+3
live falsesecrets falsetraining falsenot advice

Resolution & Risk

LOW risk
End date
Oct 31, 2026
UMA status
n/a
Resolution source
Primary
nato
Type
Official government source
Confidence
extracted · high
Market type
Multi-outcome (neg-risk)
  • Part of a multi-outcome event (neg-risk): only one market can resolve YES.
  • Wide spread (36.0¢) — liquidity risk on entry/exit.

Probability (last 7 days)

+0.0pp 7d
1007550250
23¢
Aug 19, 2026, 21:00 UTCAug 20, 2026, 22:21 UTC
updated 22:26:44 UTC·src:Polymarket CLOB·snap:snap_2026-08-20T22-26Z

Why did it move?

Structured · 3 factors
  • 01
    Price move

    Down 23pp over 24h

    Now 22¢; -4.5pp in the last hour.

  • 02
    Active signal

    Resolution-risk observation firing

    Spread is wide enough that intraday moves overstate any tradeable edge.

  • 03
    Spread cost

    Wide spread — 36.0¢

    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.

Verification Brief

A guided checklist for what must be proven before this market is treated as reliable context.

liquidity sensitive
Trust transition

Liquidity is thin enough that movement can be noisy. Verify source context before reading the move as information.

Create trust-state alert

Verification goal

Map resolution-relevant sources to the exact criteria needed to avoid misreading price as settlement.

What needs proof

Primary source

required

Confirm the primary official government source and whether it directly answers the market's resolution question.

Current evidence: nato

Contract wording

required

Extract the exact condition that makes YES resolve true and note any exclusions, time zone, deadline, or fallback rule.

Telegram verification task

Orrery verification task Will Les Républicains hold 117-120 French Senate seats after the 2026 election? State: Illiquid — liquidity sensitive Need sources for: 1. Primary source: Confirm the primary official government source and whether it directly answers the market's resolution question. 2. Contract wording: Extract the exact condition that makes YES resolve true and note any exclusions, time zone, deadline, or fallback rule. 3. Liquidity context: Check whether the move is supported by enough liquidity and volume to treat it as meaningful context. Drop only durable links that map to one criterion. Research only. Not trade advice.

X verification thread

Orrery verification brief Will Les Républicains hold 117-120 French Senate seats after the 2026 election? State: liquidity sensitive Verify: Primary source + Contract wording Price is not settlement. Research only. Not trade advice.

Market link goes in reply

Guided source review

A controlled loop for durable sources. Every source must answer one criterion from this Verification Brief.

Sources

0

Criteria covered

0

Reviewed

0

Awaiting review

0

Submit a source mapped to a criterion

Confirm the primary official government source and whether it directly answers the market's resolution question.

Research only · no price-only screenshots · no profit claims

Recent source checks

Pilot audit summary

Research only · Not trade advice · Every source maps to one criterion

Timeline

critical · price · trade flow

Critical

  • Oct 31, 22:59 UTCScheduled resolution

    Market resolves in 1728.5h

    LOW
  • 22:26Signal

    Resolution risk

    Spread is wide enough that intraday moves overstate any tradeable edge.

    LOW

Price movement

-22.5pp over the last 24h, now 22¢.

updated 22:26:44 UTC·src:Polymarket CLOB·Polymarket Data

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.

updated 22:26:44 UTC·src:Polymarket Data

Market Description

The 2026 French Senate election is scheduled for September 27, 2026, renewing série 2 — 178 of the Senate's 348 seats. The new senators are currently scheduled to take office on October 1, 2026, and the deadline for submitting new political-group membership lists and political declarations is currently set for October 5, 2026, at 4:00 PM CEST. This market will resolve according to the number of French Senate seats held by the Groupe Les Républicains as of October 12, 2026, 4:00 PM CEST. The seat count will be the group's total membership as published by the French Senate (senat.fr), counting members (membres), related (apparentés), and affiliated (rattachés). A group will qualify as the Groupe Les Républicains if it satisfies at least one of the following: - Its official name includes "Les Républicains" or a clear variant thereof; - Its political declaration published in the Official Journal (Journal Officiel) of France identifies it as a continuation of the group; or - It is publicly recognized as the continuation of the Groupe Les Républicains, and this characterization is confirmed by a consensus of credible reporting. A group that changes its name will continue to qualify if it meets at least one of the criteria above. If the group merges with one or more other groups, this market will resolve according to the total membership of the merged group, provided the merged group meets at least one of the criteria above. If no group qualifies, or group composition is not officially published, as of October 12, 2026, 4:00 PM CEST, this market will resolve to the lowest bracket. The administrative meeting of senators not appearing on the list of any group (RASNAG) will not qualify as a group for the purposes of this market. The resolution source for this market will be publications of the French Senate (senat.fr) and the Official Journal of France, and a consensus of credible reporting.

Why this category?

confidence: high

Category

Politics

Source

Keyword rule

Matched term

election

Reason

Question text contains the high-signal keyword "election" — matched the Politics 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 "Will Les Républicains hold 117-120 French Senate seats after the 2026 election?"?

As of Thu, 20 Aug 2026 22:26:44 GMT, YES is priced at 22% implied probability on Polymarket. The price changed -22.5pp in the last 24 hours, -4.5pp in the last hour, and +0.0pp in the last 7 days.

When does this market resolve?

This market resolves by Oct 31, 2026 (2026-10-31T22:59:00.000Z). 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?

$36.00 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $36.00. Open liquidity in the YES/NO orderbooks: $258.13. Spread between best bid and best ask: 36.0¢.

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

¢
Deliver

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