Israel x Hamas Ceasefire Phase II by...?
Odds right now: December 31 9%.
How much you could buy or sell before the price moves 2¢, from Polymarket’s live order book.
Cleus is reading the rules and searching the web and X…
Usually 15–40 seconds.
Cleus’s own estimate from public information. Not financial advice.
A fresh, deeper run: Cleus searches wider, thinks it through, and lays out the bull and bear case, the scenarios and the one thing that would change its mind.
Which side the winners are on
The top holders of “December 31”, weighted by what each wallet has made on Polymarket all-time. 12 of them have made $25K+.
When proven winners lean against the price, it’s worth a second look. When they agree with it, the price is probably fair.
Big bets in this market that stand out
Orders of $500+ from the last 30 days, scored for new wallets, first markets, long odds and size. Evidence, not accusations — and never a name.
Nothing unusual in the last few hours — big bets are coming from established wallets at normal odds.
How it actually resolves
The written rules below decide this market — not the headline.
Rules risk: The proposed result was disputed on UMA and is going to a vote.
Full rules from Polymarket
On October 8, an agreement on an initial ceasefire (Phase 1) was announced, constituting a halt in fighting, a partial Israeli pullback to a “yellow line,” prisoner swaps, expanded aid, and the release of hostages. A second phase of the deal, yet to be negotiated, is expected to address further Israeli withdrawal, Hamas’s disarmament, and the establishment of new security and governance arrangements in Gaza. This market will resolve to "Yes" if an official agreement for the second phase of the Israel–Hamas ceasefire, defined as a publicly announced mutual agreement, is reached between Israel and Hamas by October 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. If the agreement is officially reached before the resolution date, this market will resolve to "Yes," regardless of if/when the agreement goes into effect. For purposes of this market, a “second phase” ceasefire agreement refers to a deal publicly acknowledged by both Israel and Hamas (directly or via recognized mediators such as the U.S., Egypt, or Qatar) that goes beyond the Phase 1 initial truce and includes commitments towards a comprehensive or “full” ceasefire. Any agreement that is publicly described by the parties, or by mediators on their behalf, as the completion of “Phase 2” of the ceasefire will qualify, regardless of whether it includes further Israeli withdrawals beyond the “yellow line,” or agreements by Hamas to disarm. An extension or continuation of the Phase 1 arrangement alone will not qualify. This market's resolution will be based on official announcements from both Israel and Hamas, however a wide consensus of credible media reporting will also qualify.
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Questions
What are the odds of Israel x Hamas Ceasefire Phase II by...?
On Polymarket, December 31 is trading at 9%. Prices update live.
When does this market end?
It is scheduled to end on January 1, 2027, then settles once the result is confirmed under its rules.
What does Cleus predict?
Cleus has not made a call on this market yet.
Prices from Polymarket’s public data, refreshed every few minutes. Cleus odds are Cleus’s own estimate. Unusual-bet scores are statistical patterns, not findings of wrongdoing. Not financial advice; not affiliated with Polymarket.