Will Germany send warships through the Strait of Hormuz by July 31, 2026?
What resolves this contract
This market will resolve to "Yes" if a national government, its military, or a broad consensus of credible reporting confirms that the listed country's warships transited through the Strait of Hormuz between market creation and July 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A "warship transit" is defined as a military vessel passing through the Strait of Hormuz. Military cargo or support vessels will be considered “warships”; however, commercial or civilian vessels will not qualify. For the purposes of this market, only transits through the Strait of Hormuz will be
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 2¢ means the market is pricing in a 2.8% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($9,829) reflects every buy and sell across the life of this contract. Open interest ($16,863) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Mojtaba Khamenei seen in public by July 15? | 3¢ | $998,858 |
| Will Gustavo Petro be the next leader out before 2027? | 1¢ | $995,853 |
| Will MetaMask launch a token by September 30, 2026? | 6¢ | $984,821 |
Common questions about this market
How is this market resolved?
This market will resolve to "Yes" if a national government, its military, or a broad consensus of credible reporting confirms that the listed country's warships transited through the Strait of Hormuz between market creation and July 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A "warship transit" is defined as a military vessel passing through the Strait of Hormuz. Military cargo or support vessels will be considered “warships”; however, commercial or civilian vessels will not qualify. For the purposes of this market, only transits through the Strait of Hormuz will be
When does this contract expire?
This contract closes on 2026-07-31, 19 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 2¢?
If the event resolves YES, each YES contract pays $1 , a profit of 97¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 2¢ is lost. Current market price implies a 2.8% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $9,829 in total traded volume and $16,863 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.