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Updated September 24, 2026 · Category: Geopolitics & World · Market end date: January 1, 2027
As of September 24, 2026 at 15:51 UTC, Polymarket traders price Yes at 5.5% (No 94.5%), with $1.38M traded in total and $311 in the last 24 hours.
| Outcome | Probability | 24h change | Volume |
|---|---|---|---|
| Yes | 5.5% | — | $1.38M |
| No | 94.5% | — | — |
Total volume $1.38M · 24h volume $311 · Liquidity $38.7K. Prices are Polymarket YES-share prices read as probabilities; they are not executable quotes.
■ Yes ■ No · 30-day price history (12-hour points)
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This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Japan between November 17, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Japanese military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.
Note: the China Coast Guard (CCG) is part of the military, however Japan Coast Guard (JCG) is not.
The resolution source for this market will be a consensus of credible reporting.
Summary of the market's published rules. The rules on Polymarket control settlement; check them there before relying on any outcome: open this market on Polymarket.
More odds by topic: China & Taiwan odds · Geopolitics odds
As of September 24, 2026 at 15:51 UTC, Polymarket traders price Yes at 5.5% (No 94.5%), with $1.38M traded in total and $311 in the last 24 hours.
The event's listed end date is January 1, 2027. Each outcome settles under the market's written rules, summarised on this page, which can differ from the end-date field.
They are the displayed prices of each outcome's YES share on Polymarket. A price of 60¢ implies roughly a 60% chance. This page refreshes the numbers twice a day, so they are not live quotes.
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