Iran has rejected US negotiation terms, vowing to continue its defense by any means necessary. The odds of a US-Iran ceasefire by April 15 sit at
The market for a ceasefire by April 15 shows 100% YES despite Iran’s firm stance against US demands. Similar markets for April 30, May 31, June 30, and December 31 also hold at 100%. This likely reflects automatic resolution pricing due to the absence of recent trade activity, not genuine conviction about a deal.
Trading volume is effectively zero, which points to no confidence in an imminent ceasefire announcement. Iran’s rejection of US terms, amid threats of naval blockades and potential military strikes, points to heightened risk rather than resolution.
Without active trading, the 100% odds are a technical artifact of no new trades, not a reflection of actual sentiment. Any real movement would require a concrete change in diplomacy: resumed talks, or intermediaries like Oman or Qatar stepping in.
Watch for shifts in rhetoric from Trump, Rubio, or CENTCOM. Any indication of resumed negotiations or third-party mediation could break the current stagnation in these markets.
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