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Will Ukraine agree to cede territory to Russia by...?

Odds right now: December 31, 2026 5%, June 30, 2027 13%, December 31, 2027 25%.

GeopoliticsEnds in 52 days$907K traded$3.2K in 24h$112K liquidityRules risk
OutcomeMarketCleus24h
December 31, 2026
5%——
June 30, 2027
13%—▼ 1.0
December 31, 2027
25%—▼ 0.5
Price history
0%29%58%Oct 11Nov 10
December 31, 2026 5%June 30, 2027 13%December 31, 2027 25%
Where the money sits
December 31, 2026$69K
December 31, 2027$24K
June 30, 2027$19K

Liquidity resting in each outcome’s order book. Thin books move fastest on big orders.

Order book
OutcomeSpreadBuy to +2¢Sell to −2¢
December 31, 20262.2¢$969$154
June 30, 20278.0¢$32$54
December 31, 202720.0¢$86$16

How much you could buy or sell before the price moves 2¢, from Polymarket’s live order book.

Cleus’s read

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.

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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.

What’s going on

Will Ukraine agree to cede territory to Russia by: the story so far

Updated November 10, 2026 at 12:19 AM UTC from live market data.

As of November 10, 2026, Polymarket prices 3 separate markets for “Will Ukraine agree to cede territory to Russia by...”: “December 31, 2026” at 5%, “June 30, 2027” at 13% and “December 31, 2027” at 25%. December 31, 2026 has held close to 5% since October 11. June 30, 2027 has fallen 37 points since October 20, from 50% to 13%.

$907K has been traded on this event, $3.2K of it in the last 24 hours, and $112K sits in the order books. Among the largest holders of “December 31, 2026”, wallets with $25K+ in past Polymarket profits have nearly all of their money on No.

Trading is scheduled to end on January 1, 2027. How it resolves: This market will resolve to "Yes" if a deal in which Ukraine agrees to cede any territory under its control at the time of the agreement is reached between the Russian Federation and Ukraine by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Rules risk: Resolves on "credible reporting", which leaves room to argue.

Smart money

Which side the winners are on

The top holders of “December 31, 2026”, weighted by what each wallet has made on Polymarket all-time. 5 of them have made $25K+.

Wallets with $25K+ all-time profit ($120K held)
Yes 2%98% No
All top holders ($194K held)
Yes 5%95% No

When proven winners lean against the price, it’s worth a second look. When they agree with it, the price is probably fair.

HolderHoldsAll-time P&L
0xdfe3…73c4 No$83K$437K
0xd44e…67e2 No$35K$338K
0xf44b…c2b3 No$16K−$6.6K
0xd5c9…586a No$7.6K−$3.9K
0xcb89…a2e8 No$6.9K—
0xe0f1…c4bd No$5.6K—
0x4bbe…2cf3 No$4.2K—
0x8d0c…5839 No$3.8K—
0x2be6…8ae5 No$3.5K—
0x1b60…a55b No$3.3K—
Unusual bets

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.

Rules

How it actually resolves

The written rules below decide this market — not the headline.

Rules risk: Resolves on "credible reporting", which leaves room to argue; the end date has passed and it is still open; a result has been proposed and is in the challenge window.

Full rules from Polymarket

This market will resolve to "Yes" if a deal in which Ukraine agrees to cede any territory under its control at the time of the agreement is reached between the Russian Federation and Ukraine by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. The deal must be a publicly announced mutual agreement or otherwise confirmed by an overwhelming consensus of credible reporting. 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. Only territory ceded as part of a diplomatic process or agreement will qualify. If a territorial adjustment is made as part of a mutual border demarcation process or technical boundary agreement that does not materially alter de facto control or reflect a broader territorial concession, it will not qualify for a 'Yes' resolution unless it is reported as a territorial concession by a consensus of credible reporting. Any agreement which cedes de facto military control of territory held by Ukraine will qualify regardless of whether Ukraine formally maintains its claim to sovereignty. For example, the 1999 Kumanovo Military Technical Agreement, in which Yugoslavia agreed to pull military forces out of Kosovo but did not recognize Kosovo’s autonomy or independence would qualify for a 'Yes' resolution. 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.

Ask Cleus about this market

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Questions

What are the odds of Will Ukraine agree to cede territory to Russia by...?

On Polymarket, December 31, 2026 is trading at 5%. Other outcomes: December 31, 2026 5%, June 30, 2027 13%, December 31, 2027 25%. Prices update live.

What’s going on with Will Ukraine agree to cede territory to Russia by...?

As of November 10, 2026, Polymarket prices 3 separate markets for “Will Ukraine agree to cede territory to Russia by...”: “December 31, 2026” at 5%, “June 30, 2027” at 13% and “December 31, 2027” at 25%. December 31, 2026 has held close to 5% since October 11. June 30, 2027 has fallen 37 points since October 20, from 50% to 13%.

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.