The Prediction Markets

Ukraine recognizes Russian sovereignty over its territory by...?

Closes
Jan 1, 2027, in 2 months
Traded
$2.7M
Venues
Polymarket
Prices updated
6 min ago
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What the markets expect

December 31, 2027 28%

Next is June 30, 2027 at 7.5%. Only Polymarket lists this market, so there is no second price to compare.

Odds by venue

Consensus blends each venue’s last price, weighted by how much has traded there. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 6 min ago. Ages are as of when this page was built.

  • Polymarket
December 31, 2027
28%
Polymarket 28%polled, 6 min agoBest Yes 52¢ on Polymarket, $100 pays $192 (1.92x)
Polymarket
Contract
December 31, 2027
Last price
28%
As of
Polled 6 min ago
Buy Yes
52¢
Sell Yes
4¢
$100 on Yes pays
$192 (1.92x)
Trade this on Polymarket
June 30, 2027
7.5%
Polymarket 7.5%polled, 6 min agoBest Yes 12¢ on Polymarket, $100 pays $833 (8.33x)
Polymarket
Contract
June 30, 2027
Last price
7.5%
As of
Polled 6 min ago
Buy Yes
12¢
Sell Yes
3¢
$100 on Yes pays
$833 (8.33x)
Volume
$193
Trade this on Polymarket
December 31, 2026
4%
Polymarket 4%polled, 6 min agoBest Yes 5.8¢ on Polymarket, $100 pays $1,724 (17.2x)
Polymarket
Contract
December 31, 2026
Last price
4%
As of
Polled 6 min ago
Buy Yes
5.8¢
Sell Yes
2.2¢
$100 on Yes pays
$1,724 (17.2x)
Volume
$102K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • December 31, 2027
  • June 30, 2027
  • December 31, 2026

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Ukraine recognizes Russian sovereignty over its territory by...?". December 31, 2027 leads at 28%. Next is June 30, 2027 at 7.5%. $2.7M has traded across 3 outcomes on Polymarket. The market is expected to resolve by Jan 1, 2027.

This market will resolve to "Yes" if a deal in which Ukraine agrees to formally recognize Russian sovereignty over any UN-recognized Ukrainian territory is reached between the Russian Federation and Ukraine by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. The deal must be a publicly announced mutual agreement. If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect. An agreement by Ukraine formally recognizing Russian sovereignty over any UN-recognized Ukrainian territory for any amount of time will count. An agreement by Ukraine formally recognizing Russian sovereignty over any UN-recognized Ukrainian territory as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal. The September 8, 1995, “Agreed Basic Principles” between Bosnia and Yugoslavia, which recognized the borders and sovereignty of Bosnia and Herzegovina, and was later formalized through the Dayton Peace Agreement, is an example of a qualifying agreement. An official unilateral pledge by Ukraine formally recognizing Russian sovereignty over any UN-recognized Ukrainian territory will qualify for a “Yes” resolution even if not part of an agreement with Russia. The April 19, 2013, Brussels Agreement between Serbia and Kosovo, in which Serbia recognized Kosovo’s de facto administration but did not formally grant de jure recognition, would not be considered a qualifying agreement under this market, as this market requires formal recognition of sovereignty rather than acknowledgment of administrative control. The primary resolution source for this market will be an official announcement by Ukraine and/or the Russian Federation, however, an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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