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Will Russia capture Kostyantynivka by 2025?

How the prediction-market book is pricing "Will Russia capture Kostyantynivka by 2025?" right now, with a side-by-side platform comparison and zero-fee CTAs.

December 31, 2026 93% September 30, 2026 82% July 31, 2026 56% May 31, 2026 0% Volume: $7.1M Liquidity: $167K Closes: 31 Dec 2025
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Will Russia capture Kostyantynivka by 2025?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via PolyGram) Pick
polygram.ink (preferred broker)
93% 7% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open the market →
Polymarket (direct)
polymarket.com
93% 7% 0% Geo-blocked in US/UK/EU USDC, on-chain Open the market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open the market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open the market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open the market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
December 31, 202693%
September 30, 202682%
July 31, 202656%
May 31, 20260%
August 310%
December 310%
October 310%
September 300%
November 300%
March 31, 20260%
January 31, 20260%
February 28, 20260%
June 30, 20260%
April 30, 20260%

Market context

Russia has not yet captured Kostyantynivka, though the city sits in a contested grey zone where Ukrainian and Russian forces clash daily. The crowd-implied probability of 0% on Polymarket reflects the current reality that Moscow has not secured full control, despite claiming recent advances. On-chain, this contract trades in USDC on the Polygon network using conditional tokens, where the market price today mirrors the absence of a definitive Russian victory rather than the abstract likelihood of one.

Historically, similar fortress-belt cities like Pokrovsk fell after Russia executed flanking manoeuvres to sever supply lines, a tactic now being repeated here. In 2025, Moscow captured Pokrovsk by encircling it from the south and west, cutting emergency routes and isolating defenders. Kostyantynivka is part of Ukraine’s vital 30-mile defensive line in northern Donetsk, comprising four key cities Russia has yet to take. A Ukrainian military observer warned that Russia could capture the city by the end of summer 2026, suggesting the current 0% probability may shift if flanking advances continue unchecked [4].

Traders should monitor announcements on Russian flanking operations, Ukrainian reinforcement schedules, and humanitarian aid access, as these dictate the city’s strategic viability. Recent reports confirm Russian troops have infiltrated the city centre and advanced to the canal, controlling over 60% of the area as of early June [5]. The New Voice of Ukraine reported that at least 100 Russian soldiers breached the city centre, intensifying urban fighting [8]. Watch for Kyiv’s official statements on whether the situation remains under control, as Brigadier General Oleksandr Bakulin recently affirmed, despite acknowledging 130 Russian soldiers inside the city [2].

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to PolyGram, which mirrors the Polymarket order book directly.

Resolution & payout

Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.

Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.

FAQ

Where can I trade this market with the lowest fees?
Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
What's the difference between YES and NO shares?
A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
What does Polymarket cost to trade?
Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
Do I need to KYC for this market?
On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
How reliable are the quoted odds?
The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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