Low probability for a Ukraine-Russia peace deal by March 31.
The prediction market indicates a strong consensus against the likelihood of a peace deal between Ukraine and Russia by the end of March, with a 95.7% probability for 'NO.' The Pulse AI also reflects a similar sentiment, albeit with slightly higher probabilities for a potential agreement, suggesting limited optimism in the market.
This market will resolve to “Yes” if, Ukraine signs any written instrument (e.g., treaty, ceasefire/armistice, framework/“roadmap,” exchange of letters, or mediated agreement text) that: (i) includes both Ukraine and the Russian Federation as parties, and (ii) either ends hostilities/establishes a ceasefire or commits both sides to a defined process toward ending the war (i.e., stated objective of peace/normalization plus principles, steps, and/or a timetable) by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.
Only Ukraine’s signature is required; Russia’s signature or ratification is not.
Localized, temporary, or issue-specific arrangements—such as airstrike-limitation or deconfliction protocols, humanitarian pauses, evacuation corridors, prisoner-exchange or trade/export arrangements, border/DMZ adjustments, or ceasefires limited to a particular sector/front/municipality—will not qualify.
The document must bear a wet-ink or officially issued electronic signature of an authorized Ukrainian representative. Unsigned agreements (e.g., the 2023 Ohrid arrangement) will not qualify regardless of if they are otherwise officially enacted.