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Israel x Hamas Ceasefire Phase II by 2026?

How the prediction-market book is pricing "Israel x Hamas Ceasefire Phase II by 2026?" right now, with a side-by-side platform comparison and zero-fee CTAs.

December 31 65% July 31 22% October 31 0% December 31 0% Volume: $2.8M Liquidity: $13K Closes: 31 Dec 2026
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Israel x Hamas Ceasefire Phase II by 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Kalshi vs Polymarket) Pick
polygram.ink (preferred broker)
65% 35% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle View on Polymarket →
Polymarket (direct)
polymarket.com
65% 35% 0% Geo-blocked in US/UK/EU USDC, on-chain View on Polymarket →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD View on Polymarket →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR View on Polymarket →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) View on Polymarket →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
December 3165%
July 3122%
October 310%
December 310%
November 300%
March 31, 20260%
January 310%
February 280%
June 300%

Market context

Live Polymarket data shows 65% YES probability for Israel x Hamas Ceasefire Phase II by 2026?. 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 releas…

Methodology

This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Kalshi vs Polymarket, which mirrors the Polymarket order book directly.

Resolution & payout

At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.

On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.

FAQ

Is this market available outside the US?
Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
How does resolution work?
Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
What's the difference between YES and NO shares?
A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
What does Polymarket cost to trade?
Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
Do I need to KYC for this market?
On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi vs Polymarket trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
and

Trade Israel x Hamas Ceasefire Phase II by 2026? on Kalshi vs Polymarket

Live order book, 0% fees, USDC settlement in seconds.

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Related Topics

Politics Gaza Prediction Markets Israel Prediction Markets Trump Prediction Markets