Russian strike on a NATO member by March 31?

How to read the numbers

Implied / market-implied YES

The probability of YES implied by current traded prices (mid or last). It is what participants are paying for, not a claim about real-world odds.

Estimated fair value (EFV)

A rule-based heuristic from the signal engine when a rule sets one, not a black-box forecast. Some signals only describe liquidity or spreads and may show no EFV.

Edge / gap

The difference between EFV and market-implied, in percentage points (EFV minus market for YES). Filters may use “largest gap.” This is informational only—not trading advice or guaranteed advantage.

Stance (above / below / near estimate)

Compares market-implied to EFV when both exist. Labels are not buy or sell recommendations.

Severity

How strong the rule hit is on a 1–5 scale. It reflects rule strength, not statistical confidence that the outcome will occur.

Volume

Reported trading activity for the market, for context on size and liquidity.

Change & sparklines

Movement in market-implied YES over the window labeled on the card—often 24h where data allows.

Signals

Rule-based flags from ingested public data. They are not trade recommendations.

More detail in Methodology.

Market-implied 0.3%

Volume ~1,547,661.194← All markets

Recent price

0.3%

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 December 4, 2025, and March 31, 2026, 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.

Active signals

No active signals for this market.