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Perim Island no longer under Houthi control? — Polymarket Odds

Updated September 28, 2026 · Category: Politics & Elections · Market end date: January 1, 2027

As of September 28, 2026 at 00:50 UTC, the leading outcome is By December 31 at 14%, followed by By October 31 at 4.5%, By September 30 at 0.7%. The market has $27.1K in total volume and $9.1K in the last 24 hours.

Current odds

OutcomeProbability24h changeVolume
By December 3114%
-8.5 pts$4.2K
By October 314.5%
+0.9 pts$21.0K
By September 300.7%
-0.1 pts$2.0K

Total volume $27.1K · 24h volume $9.1K · Liquidity $34.6K. Prices are Polymarket YES-share prices read as probabilities; they are not executable quotes.

30-day price history

0%25%50%75%100%Sep 18Sep 28

■ By December 31 ■ By October 31 ■ By September 30 · 30-day price history (12-hour points)

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How this market resolves

This market will resolve to "Yes" if Perim Island is no longer under Houthi control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.

“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.

Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.

An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.

If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.

If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.

The primary resolution source will be official statements from the relevant governments and militaries, along with 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.

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Frequently asked questions

What are the current Polymarket odds for Perim Island no longer under Houthi control?

As of September 28, 2026 at 00:50 UTC, the leading outcome is By December 31 at 14%, followed by By October 31 at 4.5%, By September 30 at 0.7%. The market has $27.1K in total volume and $9.1K in the last 24 hours.

When does the Perim Island no longer under Houthi control market end?

The event's listed end date is January 1, 2027. Each outcome settles under the market's written rules, summarized on this page, which can differ from the end-date field.

How are these odds calculated?

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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