Ukraine signs peace deal with Russia before 2027?

**Traders assign a 71.5% probability to “No” on a Ukraine-Russia peace deal before 2027 because core obstacles remain unresolved amid stalled diplomacy.** US-mediated trilateral talks in Abu Dhabi and Geneva in early 2026 produced only prisoner exchanges and brief holiday ceasefires, with formal negotiations pausing after US priorities shifted to the Iran conflict. Ukraine has offered an unlimited…

This market will resolve to “Yes” if, Ukraine signs any written instrument (e.g., treaty, ceasefire/armistice, framework/“roadmap,” exchange of letters, or mediated agreement text) that: (i) includes both Ukraine and the Russian Federation as parties, and (ii) either ends hostilities/establishes a ceasefire or commits both sides to a defined process toward ending the war (i.e., stated objective of peace/normalization plus principles, steps, and/or a timetable) by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Only Ukraine’s signature is required; Russia’s signa…