Russia x Ukraine ceasefire agreement by January 31, 2027?
Odds, price jumps explained, and what could move it next
Yes at 24% on 5 Nov 2026, up 1 pts over the previous 7 days. No big jumps detected yet.
Data from Polymarket.
Context
This market asks whether Russia and Ukraine will reach a ceasefire agreement by January 31, 2027. It will resolve to Yes if an official suspension of direct military engagement is mutually agreed upon by both countries, while unilateral pauses, informal understandings, or partial truces will not qualify.
Diplomatic efforts have intensified following a meeting at the White House hosted by U.S. First Lady Melania Trump, which brought together Russian and Ukrainian officials to discuss peace and highlight a recent local ceasefire in Oleshky.
While reports indicate that representatives signed an agreement in October mediated by the U.S. first lady to secure the Oleshky ceasefire, analysts and commentators note that broader conflict persists and lasting peace remains a challenge.
Sources: The Times: Melania Trump hosts Russian and Ukrainian envoys at White House, New York Post: Melania Trump calls for peace between Russia, Ukraine as she welcomes reps to White House, Interfax-Ukraine: Melania Trump states Ukraine, Russia sign agreement in Oct on her mediation efforts to secure ceasefire in Oleshky, The Daily Beast: Melania Makes White House Peace Talks All About Her, Azərtac: US first lady highlights ceasefire in Oleshky; urges lasting Russia, Ukraine peace, CBC: Melania Trump hosted officials from Russia and Ukraine. Just what's behind her peace push?, Fox News: Melania Trump hails Oleshky ceasefire as potential ‘spark’ for progress amid Ukraine-Russia war, upi: Melania Trump hosts Russian, Ukrainian officials, talks peace, BBC: Melania Trump calls for lasting Ukraine truce as she hosts Russian and Ukrainian officials, Al Jazeera: Melania Trump calls for peace at meeting with Russia, Ukraine officials, Atlantic Council: Last week’s brief Ukraine ceasefire did not stop Russian attacks on civilians, Yonhap News Agency: Melania Trump calls for lasting peace after brokering local Russia-Ukraine ceasefire
Written by AI from the linked news sources and checked automatically, not by a person.
What could move it next
No upcoming events listed for this market yet.
Price jumps explained
No jumps detected for this market yet.
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Questions about this market
What are the odds for “Russia x Ukraine ceasefire agreement by January 31, 2027”?
On 5 Nov 2026, Polymarket traders priced Yes at 24%, which means they saw about a 24 in 100 chance. That was up 1 points over the previous 7 days. The live price is shown in the chart at the top of this page.
How does this market resolve?
This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. If a qualifying agreement is officially reached before this market’s end date, this market will resolve to “Yes,” regardless of whether the ceasefire agreement officially takes effect after that date. The full Polymarket rules are at the bottom of this page.
When does this market end?
Polymarket lists 1 Feb 2027 as the end date. It can settle earlier or later if the rules say so, for example when an official result comes in.
Can I bet on this market on predictionwave?
No. predictionwave only explains the odds. The market itself runs on Polymarket, and trading there is not allowed in every country.
How this market resolves (Polymarket rules)
This market will resolve to “Yes” if there is a ceasefire agreement between Russia and Ukraine by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A ceasefire agreement refers to any mutually-agreed suspension of direct military engagement between Russia and Ukraine, which is either officially announced by both countries or confirmed by a consensus of credible reporting to have been mutually agreed by both countries. A broader peace deal, normalization agreement, political framework, truce, or humanitarian pause will qualify if it includes a mutually agreed suspension of direct military engagement, to be effective on a specified date. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify. Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered a ceasefire agreement. Only agreements which constitute a general pause in the conflict will qualify. Agreements which only apply to specific conflict categories (e.g. restrictions on certain target categories or certain locations) will not qualify. If a qualifying agreement is officially reached before this market’s end date, this market will resolve to “Yes,” regardless of whether the ceasefire agreement officially takes effect after that date. The primary resolution sources for this market will be official information from the governments of Russia and Ukraine and a consensus of credible reporting.