Will the Iran ceasefire continue through May 31?
Probability
58¢
1h
-3.0pp
24h
-9.5pp
24h Vol
$98.5K
Liquidity
$37.4K
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
- PrimaryUS governmentTypeOfficial government sourceConfidenceextracted · high
- Market type
- Binary
- No obvious resolution-risk signals in metadata.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 3 factors- 01Price move
Down 10pp over 24h
Now 58¢; -3.0pp in the last hour.
- 02Volume pressure
Heavy volume on this book — 2.6× turnover
$98.5k traded against $37.4k of visible liquidity. The book is being worked, not just quoted.
- 03Active signal
Momentum observation firing
Probability moved down 9.5pp in 24h with 2.6× liquidity turnover and a tight spread.
What to track next
- Set an alert if probability recovers above 63¢ — that's where this move would be reversing.
- Add to your watchlist — Home will show probability deltas since your last visit.
- Watch the next 6–24 hours: momentum observations historically extend on this kind of setup but pay spread on entry. Compare to /backtest for the rule's historical performance.
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
- PrimaryUS governmentTypeOfficial government sourceConfidenceextracted · high
- Market type
- Binary
- No obvious resolution-risk signals in metadata.
Timeline
critical · price · trade flowCritical
- 23:24SignalHIGH
Momentum down
Probability moved down 9.5pp in 24h with 2.6× liquidity turnover and a tight spread.
Price movement
-9.5pp over the last 24h, now 58¢.
Biggest hourly move: +26.5pp at 16:00 (to 78¢).
Show 4 hourly moves
- 21:00 · +9.0pp → 61¢
- 20:00 · +15.0pp → 67¢
- 18:00 · +24.0pp → 75¢
- 16:00 · +26.5pp → 78¢
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.
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Market Description
This market will resolve to "Yes" if the US-Iranian ceasefire remains in effect through the listed date (ET). Otherwise this market will resolve to “No”. The US-Iranian ceasefire will be considered to no longer be in effect if the US government officially publicly confirms or if an overwhelming consensus of credible reporting confirms that the U.S. conducted a kinetic military action on Iranian soil before the resolution date. Confirmation of a qualifying kinetic military action must occur within one calendar day following the underlying action (i.e., by 11:59 PM ET on the following calendar day) in order to qualify. Accordingly, this market will remain open for one calendar day following the listed end date to allow for confirmation of a qualifying kinetic military action occurring near the deadline. A qualifying "kinetic military action" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US military forces that impact Iranian ground territory. Kinetic action against Iranian forces which do not occur within Iranian terrestrial territory will not qualify. Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US ground operatives will not qualify. The resolution source will be a consensus of credible reporting.
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 "Will the Iran ceasefire continue through May 31?"?
As of Fri, 22 May 2026 23:24:16 GMT, YES is priced at 58% implied probability on Polymarket. The price changed -9.5pp in the last 24 hours, -3.0pp 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?
$98.5K of trading volume in the last 24 hours. Lifetime volume on Polymarket: $278.1K. Open liquidity in the YES/NO orderbooks: $37.4K. Spread between best bid and best ask: 2.0¢.
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 digests are wired to a server-side cron and continue while your tabs are closed. Telegram and Discord are planned — every existing rule will keep working as channels light up.
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