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24H VOL:
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OPEN INTEREST:
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340,805
Markets across
34,373
events
MATCHED EVENTS:
4,679
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
8
- Polymarket
8 - Polymarket
1W
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Vol.
·
Resolves Dec 31, 2026
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This market tracks how many distinct countries will experience US military strikes via drone, missile, or air strike during 2026. On Polymarket, the leading outcome—that the US will strike exactly 9 countries—stands at 34.4%, while striking exactly 8 countries is at 34.2%. Resolution will be determined by a consensus of credible reporting, counting only aerial strikes that impact foreign ground territory and are officially acknowledged or widely reported, with the betting window closing on December 31, 2026, 11:59 PM ET.
This market will resolve according to the total number of different countries' soil that the United States initiates a drone, missile, or air strike on between January 1, 2026, 12:00 AM ET and December 31, 2026, 11:59 PM ET. Strikes on embassies or consulates will count towards the country the embassy or consulate is located in, not towards the country they represent. Strikes within the territory controlled by the United States as of December 31, 2025, 11:59 PM ET will not be counted towards this market's resolution. For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones, or missiles (including cruise or ballistic missiles) launched by US military forces that impact another country's ground territory that is officially acknowledged by the US government or a consensus of credible reporting. Missiles or drones that are intercepted and surface-to-air missile strikes will not count towards the resolution of this market, regardless of whether they land on another country's territory or cause damage. 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.
Prediction market odds on Polymarket differ from traditional polling because they reflect real-money incentives rather than survey responses. While polls measure public opinion on foreign policy preferences, prediction markets aggregate the beliefs of traders betting on actual outcomes. For this event, market participants are pricing in geopolitical risk, historical patterns of US military engagement, and current diplomatic tensions. Prediction markets often move faster than polls when breaking news occurs, making them a forward-looking complement to conventional survey data on defense and international relations.
On Polymarket, this event is structured as a set of outcome contracts, each representing a specific number of countries against which the US may conduct military action in 2026. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy and sell shares corresponding to each outcome, with prices ranging from 0 to 1 and reflecting the collective probability assigned by the market. The top outcome currently shows 66.0% probability. As new geopolitical developments unfold—diplomatic incidents, military posturing, or policy shifts—traders adjust positions, causing prices to fluctuate and revealing evolving expectations about the scope of US military operations.
This market resolves on Dec 31, 2026, at the end of 2026. Resolution depends on an official count of distinct countries against which the US conducts military action during that calendar year. Military action is interpreted broadly to include strikes, airstrikes, drone operations, and direct combat engagement. The final tally will determine which outcome contract settles to 1 and which settle to 0. Traders should monitor official US government statements, Department of Defense announcements, and credible news sources throughout 2026 to track the running count and adjust their positions accordingly.
Major catalysts include escalating tensions in the Middle East, Taiwan Strait incidents, Russian military actions in Eastern Europe, and terrorist attacks attributed to state actors. Shifts in US administration policy, congressional votes on military authorization, and rhetoric from senior defense officials can also move odds significantly. Regional conflicts in Africa, South Asia, or Latin America could trigger unexpected US intervention. Conversely, diplomatic breakthroughs, peace agreements, or de-escalation statements may lower market expectations. Economic sanctions, cyberattacks, and proxy conflicts will be monitored as leading indicators of potential direct military engagement throughout 2026.