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US-Iran ceasefire

Trump-brokered truce lets Iran maintain regional threats

FT · 1h ago
YES 99.9% 0¢ since publish
Apr 30 Updated just now

The Trump-brokered truce allows Iran to continue its regional threats. The ceasefire-by-April-15 market sits at 100% YES, up from 12% yesterday.

Market reaction

The April 15 sub-market jumped 24 points to 100% YES after Trump’s announcement. The April 30 market moved from 26% to 100% in 24 hours. The odds for US forces entering Iran by April 30 remain at 99.8% YES, suggesting traders see the truce as unlikely to hold.

Why it matters

The ceasefire is a tactical pause, not a resolution. Iran’s nuclear ambitions and regional influence remain unchecked, and the Strait of Hormuz and energy infrastructure stay at risk. At 99.8¢, a YES share on US forces entering Iran by April 30 pays $1 if hostilities resume, a 1.002x return.

What to watch

CENTCOM statements and any moves from intermediaries like Oman or Qatar. Changes in rhetoric or troop movements will be the clearest signals of whether the truce lasts.

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Us X Iran Ceasefire
Contract Odds Δ since publish Volume 24h
April 15 100% 0.0¢ $6.5M Trade →
April 30 100% 0.0¢ $3.4M Trade →
May 31 100% +0.1¢ $3.1M Trade →
June 30 100% 0.0¢ $1.1M Trade →
December 31 100% 0.0¢ $699K Trade →
Us Forces Enter Iran
Contract Odds Δ since publish Volume 24h
April 30 99.9% +0.1¢ $105.4M Trade →
December 31 100% +0.1¢ $3.4M Trade →
Updated just now
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