Tensions over compliance with the June 2026 memorandum of understanding continue to shape trader views on whether the US-Iran ceasefire will hold through late August dates. The MOU reopened the Strait of Hormuz under interim arrangements, lifted a US naval blockade, and launched 60-day talks on sanctions relief and Iran's nuclear program, but Iranian efforts to route shipping and subsequent attacks on vessels prompted US strikes and blockade reimposition in July. Direct high-level contacts, including virtual signing by President Trump and Iranian officials, have not resolved implementation disputes, leaving the ceasefire vulnerable to further maritime incidents or enforcement actions before the negotiation window closes. Scheduled diplomatic follow-ups and any new Hormuz incidents remain the primary near-term catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$471,482 Vol.
August 22
97%
August 25
95%
August 31
91%
September 15
80%
September 30
72%
$471,482 Vol.
August 22
97%
August 25
95%
August 31
91%
September 15
80%
September 30
72%
A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the United States, that directly impacts Iran. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles.
The following actions do not constitute a qualifying military action:
Munitions destroyed or intercepted before impact;
Surface-to-air missile strikes;
Small-arms fire;
Ground incursions;
Cyber operations;
Naval gunfire and artillery fire;
Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems);
Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes;
Any threat, authorization, or announcement of force that has not been executed.
Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Iran do not constitute a military action regardless of any damage incurred.
“Iran” refers to the terrestrial territory of Iran, including its internal waters. Iran’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran as of market creation will qualify.
The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (Iran Standard Time) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments and militaries of the United States and Iran and a consensus of credible reporting.
Market Opened: Aug 18, 2026, 11:16 AM ET
Resolver
0x65070BE91...A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the United States, that directly impacts Iran. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles.
The following actions do not constitute a qualifying military action:
Munitions destroyed or intercepted before impact;
Surface-to-air missile strikes;
Small-arms fire;
Ground incursions;
Cyber operations;
Naval gunfire and artillery fire;
Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems);
Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes;
Any threat, authorization, or announcement of force that has not been executed.
Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Iran do not constitute a military action regardless of any damage incurred.
“Iran” refers to the terrestrial territory of Iran, including its internal waters. Iran’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran as of market creation will qualify.
The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (Iran Standard Time) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments and militaries of the United States and Iran and a consensus of credible reporting.
Resolver
0x65070BE91...Tensions over compliance with the June 2026 memorandum of understanding continue to shape trader views on whether the US-Iran ceasefire will hold through late August dates. The MOU reopened the Strait of Hormuz under interim arrangements, lifted a US naval blockade, and launched 60-day talks on sanctions relief and Iran's nuclear program, but Iranian efforts to route shipping and subsequent attacks on vessels prompted US strikes and blockade reimposition in July. Direct high-level contacts, including virtual signing by President Trump and Iranian officials, have not resolved implementation disputes, leaving the ceasefire vulnerable to further maritime incidents or enforcement actions before the negotiation window closes. Scheduled diplomatic follow-ups and any new Hormuz incidents remain the primary near-term catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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