Name: US x Venezuela military engagement by...?
Start: 2025-08-21T20:06:50.525276Z
End: 2026-03-31T00:00:00Z

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This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and October 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on adversarial territory or cause damage.

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

September 30

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

December 31

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and October 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

October 31

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 30

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and December 15, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

December 15

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 14, and November 21, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 21

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 14, and November 25, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 25

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 14, and November 26, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 26

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 14, and November 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 27

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 14, and November 23, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 23

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 14, and November 24, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 24

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela by  October 24, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

October 24

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela by  October 27, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

October 27

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 7, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 7

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 14, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 14

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 3, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 3

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 5, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 5

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 1, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 1

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between August 21, and November 2, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

November 2

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Venezuela between November 4, 2025, and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. 

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

March 31, 2026

US x Venezuela military engagement by...?

This market will resolve according to the date (ET) of the next military engagement between the military forces of the United States of America and Venezuela. 

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not.

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify for a “Yes” resolution.

Missiles or drone strikes which are intercepted will not qualify regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify for a "Yes" resolution (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

The resolution source for this market will be a consensus of credible reporting.

Will no US x Venezuela military engagement occur in 2025?

This market will resolve to "Yes" if the United States commences a military offensive intended to establish control over any portion of Venezuela between November 3, 2025 and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, land de facto controlled by Venezuela or the United States as of September 6, 2025, 12:00 PM ET, will be considered the sovereign territory of that country.

The resolution source for this market will be a consensus of credible sources.

Will the U.S. invade Venezuela by March 31, 2026?

This market will resolve to "Yes" if both of the following conditions are met. Otherwise, this market will resolve to "No".

1. There is a military engagement between the military forces of the United States of America and Venezuela by December 31, 2025, 11:59 PM ET.

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Venezuelan military forces. Non-violent actions, such as warning shots or missile launches that land in territorial waters or pass through airspace, will not qualify as a military engagement. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count as a military engagement; however, minor damage (scrapes, dents) will not.

Any U.S. military kinetic strike that impacts Venezuelan land territory will qualify as a military engagement.

Missiles or drone strikes which are intercepted will not qualify as a military engagement regardless of whether they land on adversarial territory or cause damage. Similarly, surface-to-air missile strikes impacting adversarial territory will not qualify as a military engagement (although surface to air missiles fired at an adversarial military aircraft would qualify).

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; Venezuela’s Milicia Nacional Bolivariana (militia) is a “special component” of the Venezuelan National Bolivarian Armed Forces (FANB); and Venezuela’s Coast Guard (Comando de Guardacostas) is a component of the Venezuelan Navy (Armada Bolivariana) and thus part of the FANB.

2. President Nicolás Maduro is NOT removed from power within the first 30 days after such an engagement ends, with no subsequent engagement occurring.

President Nicolás Maduro will be considered to be removed from power if he resigns, is detained, or otherwise loses his position or is prevented from fulfilling his duties as President of Venezuela within this market's timeframe.

A military engagement which occurs will be considered to have ended once no qualifying incidents occur for 24 consecutive hours following the initial engagement. The relevant thirty day period will begin on the calendar day following this 24 hours. If multiple military engagements occur, the 30-day period will be counted from the first day following the ending of the most recent engagement.

If Maduro is removed from power prior to a qualifying military engagement occurring this market will immediately resolve to "No".

Note: If a qualifying military engagement occurs by December 31, 2025, 11:59 PM ET, this market will remain open until either Maduro is removed from power or a thirty day period has passed with no subsequent military engagements occurring. 

The primary source of resolution for this market will be a consensus of credible reporting.

Will Maduro's rule survive a US military engagement?

This market will resolve to “Yes” if active US military personnel physically enter Venezuela at any point between September 6, 2025, and December 31, 2025, 11:59 PM ET.

Military special operation forces will qualify, however intelligence operatives will not count. 

US military personnel must physically enter the terrestrial territory of Venezuela to qualify. Entering Venezuela's maritime or aerial territory will not count.

Military contractors, military advisors, or high-ranking US service members entering Venezuela for diplomatic purposes (and their accompanying entourage) will not qualify.

The resolution source will be a consensus of credible reporting.

US forces in Venezuela by December 31?

This market will resolve to "Yes" if Venezuela commences a military offensive intended to establish control over any portion of Guyana between January 29 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be will be official confirmation by Venezuela, Guyana, the United Nations, or any permanent member of the UN Security Council, however a consensus of credible reporting will also be used.

Will Venezuela invade Guyana in 2025?

This market will resolve to "Yes" if there is a military encounter between the military forces of the United States and Russia between May 28 and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between U.S. and Russian military forces. Non-violent actions, such as airspace violations, firing of warning shots (such as the June, 2021 Black Sea Confrontations between Russian forces and HMS Defender), or cyberattacks will not qualify. 

Intentional physical collisions, including aerial interceptions and naval ramming without the direct use of weaponry, such as the 2023 Black Sea incident—where a Russian Su-27 damaged a U.S. MQ-9 Reaper drone's propeller, leading to its crash— will not qualify regardless of damage. 

Military contractors will qualify only if confirmed to be operating under the direct command or coordination of the respective state’s armed forces (e.g. the Battle of Khasham would not qualify).

The resolution source for this market will be a consensus of credible reporting.


US x Russia military clash by June 30, 2026?

This market will resolve to "Yes" if U.S. government personnel (military, CIA, or any law enforcement agency) directly participate on the ground in an operation intended to capture, detain, or take custody of Venezuelan President Nicolas Maduro by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A qualifying operation’s objective must be to capture, imprison, detain, or otherwise take custody of Nicolas Maduro, as confirmed by either the U.S. Government or an overwhelming consensus of credible reporting. Direct U.S. personnel participation in an operation which succeeds in capturing Nicolas Maduro will also count, regardless of intention.

U.S. personnel must directly participate to qualify. U.S. personnel involved in intelligence, surveillance, logistical, support, or advisory roles will not count.

The resolution sources for this market will be a consensus of credible reporting.

U.S. operation to capture Maduro in 2025?

The Trump Administration is considering dropping leaflets on Venezuela in a move to increase pressure on Venezuelan president Nicolas Maduro. You can read more about that here: https://www.cbsnews.com/news/u-s-considers-dropping-leaflets-venezuela-maduro/.

This market will resolve to “Yes” if the United States federal government, including the U.S. military, intelligence agencies, or any other entity acting under the authority of the U.S. federal government, intentionally drops leaflets on Venezuelan territory by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

The United States government will be considered to have dropped leaflets on Venezuelan territory if it aerially drops any physical object on Venezuelan territory which contains text or information intended to convey a message to Venezuelan citizens on the ground. Digital messages, radio broadcasts, or any non-physical communications will not qualify. The dropping of physically-printed QR codes or other forms of non-text physical communication, however, will count.

For the purposes of this market, land de facto controlled by Venezuela as of November 23, 2025, 12:00 PM ET, will be considered the territory of Venezuela.

The primary source of resolution for this market will be official information from the United States government; however, a consensus of credible reporting may also be used.  

US drops leaflets on Venezuela by November 30?

This market will resolve to "Yes" if Nicolas Maduro visits the U.S. by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "visit" is defined as Maduro physically entering the terrestrial territory of the United States in a voluntary capacity. Whether or not Maduro enters US airspace or maritime territory during the timeframe of this market will have no bearing on a positive resolution.

Entering the United States requires physically entering sovereign U.S. territory, including all U.S. states and territories (e.g., Puerto Rico, Guam, U.S. Virgin Islands). Areas under U.S. control but not under U.S. sovereignty (e.g., Guantánamo Bay Naval Base) do not count. U.S. airspace, U.S. embassies/consulates abroad, and international zones do not constitute U.S. sovereign territory.

The resolution source will be a consensus of credible reporting.

Maduro visits the U.S. by December 31?

This market will resolve to "Yes" if it is confirmed that Nicolás Maduro has left Venezuela for any length of time between November 24, 2025, and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

In cases where Maduro may have exited Venezuelan airspace on a plane, he must be confirmed to have exited the plane in a country other than Venezuela for this market to resolve to "Yes".

If Maduro exits Venezuela maritime territory on a boat to international waters, this market may resolve to "Yes".

If it is not confirmed by the resolution date that Maduro left Venezuela, this market will resolve to "No".

The resolution source for this market will be a consensus of credible reporting.

Maduro leaves Venezuela by March 31?

This market will resolve to “Yes” if Venezuelan President Nicolas Maduro is taken into custody by the U.S. government at any point before December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Maduro will be considered taken into U.S. government custody if U.S. government personnel (including military, CIA, personnel of another agency, or contractors acting under direct U.S. government authority) physically detain, arrest, capture, or otherwise assume physical custodial control of Maduro, regardless of location or duration.

Visits, interactions with U.S. government personnel, or Maduro’s presence in U.S. spaces (including vessels, bases, facilities, or meetings) in a voluntary, non-detained capacity will not qualify. A voluntary surrender to U.S. personnel in which Maduro submits to U.S. custody, however, will qualify.

Custody that is carried out by non-U.S. entities (including allied or partner forces) will not qualify unless U.S. personnel are physically present and themselves assume custodial control of Maduro, or unless a subsequent transfer into U.S. custody occurs.

The resolution sources for this market will be official information from the U.S. government and a consensus of credible reporting.

Maduro in U.S. custody by December 31?

This market will resolve to "Yes" if the US initiates a drone, missile, or air strike on Nigerian soil or any official Nigerian embassy or consulate by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

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 Nigerian ground territory or any official Nigerian embassy or consulate (e.g., if a weapons depot on Nigerian soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on Nigerian 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.

US strikes Nigeria by December 31?

This market will resolve to "Yes" if Venezuela's president, Nicolás Maduro, is removed from power for any length of time between November 3, 2025, and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

President Nicolás Maduro will be considered to be removed from power if he resigns, is detained, or otherwise loses his position or is prevented from fulfilling his duties as President of Venezuela within this market's timeframe.

The primary resolution source for this market will be a consensus of credible reporting.

Maduro out by March 31, 2026?

This market will resolve to "Yes" if there is a military encounter between the military forces of a NATO country and Russia between October 8, and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between NATO and Russian military forces. Non-violent actions, such as airspace violations, firing of warning shots (such as the June, 2021 Black Sea Confrontations between Russian forces and HMS Defender), or cyberattacks will not qualify.

Interception of missiles or other one-way attack or loitering munitions (e.g. Shahed drones) which are targeting a 3rd party other than the listed countries or their respective forces will not alone qualify. Shooting down UAVs which are not munitions (e.g. MQ-9, Orlan 10, Orion, Bayraktar TB2, etc.) will qualify.

Intentional physical collisions, including aerial interceptions and naval ramming without the direct use of weaponry, such as the 2023 Black Sea incident—where a Russian Su-27 damaged a U.S. MQ-9 Reaper drone's propeller, leading to its crash— will not qualify regardless of damage.

Military contractors will qualify only if confirmed to be operating under the direct command or coordination of the respective state’s armed forces (e.g. the Battle of Khasham would not qualify).

The resolution source for this market will be a consensus of credible reporting.

NATO x Russia military clash by March 31, 2026?

This market will resolve to "Yes" if Nicolás Maduro physically visits the White House complex in Washington, D.C., for any reason by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

The visit must take place on White House grounds. Engagements held elsewhere in Washington, D.C., at other U.S. government facilities, or via virtual platforms do not qualify. 

The resolution source will be a consensus of credible reporting.

Will Maduro visit the White House in 2025?

This market will resolve to "Yes" if the US initiates a drone, missile, or air strike on Yemen soil or any official Yemen embassy or consulate by  December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

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 Yemen ground territory or any official Yemen embassy or consulate (e.g., if a weapons depot on Yemen soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Yemen 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.

US strikes Yemen by December 31?

This market will resolve to "Yes" if President of Venezuela Nicolás Maduro talks with Donald Trump between October 15 and December 31, 2025, 11:59 PM ET. Otherwise, it will resolve to "No".

A talk is defined as any interaction between the listed individual and Donald Trump, occurring either in person or through verbal communication by phone or video call.

The resolution source will be a consensus of credible reporting.

Will Trump talk to Nicolás Maduro by December 31?

This market will resolve to "Yes" if there is a military encounter between the military forces of India and Pakistan between November 11, 11:00 AM ET, and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force, such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Indian and Pakistani military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.

The resolution source for this market will be a consensus of credible reporting.

India x Pakistan military clash by November 30?

This market will resolve to “Yes” if active regular US military personnel physically enter Yemen at any point between March 17, 2025, and December 31, 2025, 11:59 PM ET.

US military personnel must physically enter the terrestrial territory of Yemen to qualify. Entering Yemen's maritime or aerial territory will not count. 

High ranking US service members entering Yemen for diplomatic purposes (and their accompanying entourage), military contractors, military advisors, and special operation forces will not qualify.

The resolution source will be a consensus of credible reporting.

US forces in Yemen in 2025?

This market will resolve to "Yes" if active military personnel officially affiliated with any NATO or EU country enter Ukraine for combat-related military purposes directly pertaining to the ongoing conflict with Russia by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For military personnel to qualify toward a "Yes" resolution, they must be 1) officially acknowledged as active military by the NATO or EU entity or member state they are affiliated with; 2) be publicly acknowledged by NATO or an EU-affiliated entity to have entered Ukraine for a combat-related military purpose directly pertaining to the ongoing conflict with Russia.

For military personnel to qualify toward a "Yes" resolution they need be active duty and acknowledged as described above. Participation in a combat role is necessary for this market to resolve to "Yes" (e.g. military personnel providing training or intelligence support would not qualify toward a "Yes" resolution, however drone pilots or infantry directly attacking Russian troops, or soldiers targeting and downing missiles from Ukrainian soil would qualify toward a "Yes" resolution).

The primary resolution source for this market will be official information from NATO, the EU, or member states of either entity, however a consensus of credible reporting will also be used.

NATO/EU troops fighting in Ukraine in June 30, 2026?

This market will resolve to "Yes" if Russia initiates a drone, missile, or air strike on the sovereign territory of any NATO member state or on any official embassy or consulate of a NATO member state between October 30 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

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 Russian military forces that impact the ground territory of a NATO member state or an official embassy/consulate of a NATO member (e.g., if a weapons depot on NATO territory is hit by a Russian missile, this market will resolve to "Yes").

Missiles or drones that are intercepted (i.e., do not impact) and surface-to-air missile launches will not be sufficient for a "Yes" resolution, regardless of whether debris falls on NATO territory or causes damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes conducted directly by ground operatives, ground incursions, naval shelling, cyberattacks, or other operations conducted by Russian ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Russian strike on a NATO member by December 31?

This market will resolve to "Yes" if the United States of America enters a state of civil war by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

The resolution source for this market will be a wide consensus of credible reporting confirming the US is in a civil war.

Note: Media reports that use the phrase "civil war" metaphorically will not count. Only a wide consensus of reporting that the US has entered a literal civil war will qualify.

US civil war in 2025?

This market will resolve to “Yes” if active regular US military personnel physically enter Iran for combat operations at any point between June 21, 2025, and December 31, 2025, 11:59 PM ET.

US military personnel must physically enter the terrestrial territory of Iran to qualify. Entering Iran's maritime or aerial territory will not count.

High ranking US service members entering Iran for diplomatic purposes (and their accompanying entourage), military contractors, military advisors, and special operation forces will not qualify.

The resolution source will be a consensus of credible reporting.

US forces in Iran in 2025?

This market will resolve to "Yes" if Venezuelan President Nicolás Maduro receives a presidential pardon, commutation, or reprieve from Donald Trump for any charges by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for whether the individual is pardoned or not will be official information from the US government; however, a consensus of credible reporting will also be used.

Will Trump pardon Maduro by December 31?

This market will resolve to "Yes" if there is a military encounter between the military forces of North Korea (Democratic People's Republic of Korea) and South Korea (Republic of Korea) between January 29, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between North Korean and South Korean military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, the deployment of balloons, audio broadcasts, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.

Note: South Korea's Coast Guard Administration (CGA) is not part of the military.

The resolution source for this market will be a consensus of credible reporting.

North Korea x South Korea military clash by December 31?

This market will resolve to "Yes" if either Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate, or Iran initiates a drone, missile, or air strike on Israeli soil or any official Israeli embassy or consulate, by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No".

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 Israeli or Iranian military forces that impact the other party’s ground territory or any official embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an Israeli missile, or an Israeli air base is hit by an Iranian drone, this market will resolve to "Yes") that is officially acknowledged by the relevant government or a consensus of credible reporting.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on the opposing party’s territory or cause damage.

Israel x Iran ceasefire broken by March 31, 2026?

This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Japan between November 17, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Philippine military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.

Note: the China Coast Guard (CCG) is part of the military, however Japan Coast Guard (JCG) is not.

The resolution source for this market will be a consensus of credible reporting.

China x Japan military clash before 2027?

This market will resolve to "Yes" if an official agreement on nuclear arms control or strategic nuclear weapons limitation is reached between the United States and the Russian Federation between August 14, 2025 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Only agreements that are publicly announced and acknowledged by both the U.S. and Russia will qualify. The agreement must pertain to nuclear arms control or limitation—such as a treaty, framework, or memorandum—addressing matters including (but not limited to) nuclear warheads, delivery systems, verification mechanisms, or strategic stability.

An extension, amendment, or replacement of the New START treaty will qualify, provided it is publicly announced as a concluded agreement by both parties within the time frame. Exploratory discussions or stated intent to extend without a finalized agreement will not qualify.

Agreements that include both the United States and Russia as named parties—whether bilateral or as part of a broader multilateral framework—will qualify, provided the agreement directly addresses nuclear arms control.

The agreement does not need to be ratified or implemented for this market to resolve "Yes"; a formal announcement of a concluded agreement is sufficient.

The primary resolution source for this market will be official statements from the U.S. government (e.g., the White House, State Department) and/or the Russian Federation (e.g., the Kremlin, Ministry of Foreign Affairs). However, a clear and overwhelming consensus of credible reporting confirming that such an agreement has been reached will also qualify.

U.S. x Russia Nuclear deal by December 31?

This market will resolve to "Yes" if the Trump administration officially announces that they will be sending US troops to Ukraine as part of a peacekeeping force by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

A qualifying announcement must be part of a formal agreement between the United States and another country or international organization or otherwise indicative of a formalized policy.

Announcement which are statements of intent, contingent, or otherwise are not indicative of a formalized policy will not count.

The primary resolution source for this market will be official information from the Trump administration, however a consensus of credible reporting will also be used.

Trump agrees to send U.S. peacekeeping force to Ukraine?

This market will resolve to "Yes" if the United States withdraws all conventional combat forces from Syria by December 31, 2025, 11:59 PM ET.

This market refers only to conventional U.S. military forces operating under the Ministry of Defense, such as ground forces, air forces, or naval personnel. The presence of private military contractors (PMCs), military advisors, or special operations forces will not disqualify the market from resolving to "Yes," provided there are no conventional U.S. military forces actively operating in Syria.

For this market to resolve to "Yes," it is sufficient that the United States announces all conventional combat forces have withdrawn from all Syrian territory, regardless of whether some Syrian territory remains under their control.

The primary resolution source for this market will be official statements from the U.S. government be a consensus of credible reporting may also be used.

U.S. withdraws from Syria in 2025?

This market will resolve to "Yes" if Xi Jinping visits the U.S. by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purpose of this market, a "visit" is defined as Xi physically entering the terrestrial or maritime territory of the United States. Whether or not Xi enters US airspace during the timeframe of this market will have no bearing on a positive resolution.

The resolution source will be a consensus of credible reporting.

Will Xi visit the US by December 31?

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.

Will the US strike 4 countries in 2026?

This market will resolve to "Yes" if Israel initiates a drone, missile, or air strike on any Gulf state's soil or any Gulf state's official embassy or consulate between September 9, 2 PM ET, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For this market, Gulf states are defined as the six members of the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates).

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 Israeli military forces that impact a Gulf state's ground territory, embassy, or consulate.

Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on a Gulf state'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 Israeli ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Israel strike on Gulf State by December 31?

This market will resolve to "Yes" if both of the following conditions are met by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".


1. The US initiates a military action on Iranian soil, airspace, or maritime territory or against any Iranian embassies or consulates between June 18, and December 31, 2025, 11:59 PM ET. 

For the purposes of this market, a "military action" will be considered to be any use of force executed by the US military on Iranian soil, airspace, or maritime territory (e.g. if a weapons depot on Iranian soil is hit by an US missile) that is officially acknowledged by the US government or a consensus of credible reporting. This includes, but is not limited to, airstrikes, naval attacks, or ground invasions. Cyber attacks, sanctions, or diplomatic actions will not count towards the resolution of this market.


2. The Islamic Republic of Iran’s current ruling regime is NOT overthrown, collapsed, or otherwise ceases to govern by December 31, 2025, 11:59 PM ET. 

The Islamic Republic of Iran’s current ruling regime will be considered overthrown if a broad consensus of reporting indicating that core structures of the Islamic Republic (e.g. the office of the Supreme Leader, the Guardian Council, IRGC control under clerical authority) have been dissolved, incapacitated, or replaced by a fundamentally different governing system or otherwise lost de facto power over a majority of the population of Iran. This could occur via revolution, civil war, military coup, or voluntary abdication, but only qualifies if the Islamic Republic no longer exercises sovereign power.

Routine political events such as elections, reforms, or leadership succession do not qualify. Internal coups or power shifts that preserve the Islamic Republic’s core structures also do not qualify. Only a clear break in continuity—such as a new provisional government, revolutionary council, or constitution replacing the Islamic Republic will qualify.

Partial loss of territory or challenges from rebel or exile groups will not qualify unless the Islamic Republic no longer administers the majority of the Iranian population within Iran.

The resolution source will be a consensus of credible reporting.

Note: If the Iranian regime falls - as defined above - prior to a qualifying U.S. military action, this market will immediately resolve to "No". 

US x Venezuela military engagement by...?

November 30
$7,506,791 Vol.
8%
0123456789
%

December 15
$245,863 Vol.
44%
0123456789
%

December 31
$4,781,001 Vol.
56%
0123456789
%

March 31, 2026
$279,929 Vol.
70%
0123456789
%

Market Context

US x Venezuela military engagement by...?

Rules

US x Venezuela military engagement by...?

Market Context

US x Venezuela military engagement by...?

About

Related

US x Venezuela military engagement by...?

November 30$7,506,791 Vol.8%0123456789%buy Yes8.5¢buy No92.9¢

December 15$245,863 Vol.44%0123456789%buy Yes46¢buy No58¢

December 31$4,781,001 Vol.56%0123456789%buy Yes57¢buy No44¢

March 31, 2026$279,929 Vol.70%0123456789%buy Yes71¢buy No31¢

Market Context

US x Venezuela military engagement by...?

Rules

US x Venezuela military engagement by...?

Market Context

US x Venezuela military engagement by...?

About

Related

November 30
$7,506,791 Vol.
8%
0123456789
%

December 15
$245,863 Vol.
44%
0123456789
%

December 31
$4,781,001 Vol.
56%
0123456789
%

March 31, 2026
$279,929 Vol.
70%
0123456789
%