Markets › Polymarket US › Geopolitics
Bab el-Mandeb Strait Effectively Closed on Polymarket US
This market will settle to Yes if the 7-day moving average of transit calls through the Bab el-Mandeb Strait, according to IMF PortWatch, is less than or equal to 10 for any day between July 12 and December 31, 2026. Outcome sourced from IMF PortWatch. This market will settle as soon as IMF PortWatch (https://portwatch.imf.org/pages/chokepoint4) publishes a 7-day moving average of transit calls through the Bab el-Mandeb Strait less than or equal to the specified level, or once data has been published for the final date in the specified period and no such value has been published. If IMF PortWatch publishes data which is clearly erroneous (e.g., a typographic mistake or other clerical error)
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 13¢ (now) | 1.1¢ | $4.13 | 14.1% |
| 30¢ | 2.0¢ | $3.32 | 32.0% |
| 50¢ | 2.4¢ | $2.38 | 52.4% |
| 70¢ | 2.0¢ | $1.43 | 72.0% |
| 90¢ | 0.9¢ | $0.47 | 90.9% |
Resting (maker) orders pay nothing; orders that take liquidity pay the fee. Formula: 9.5% × price × (1 − price) per share on orders that take liquidity (accounts under $10,000 of 30-day volume; 6.95% in a new account's first week and above $250,000). Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Bab el-Mandeb Strait Effectively Closed? | 13¢ | 13% | 1.1¢ | — | 26% | 0 | Jan 15, 04:00 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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