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![]() | Poly | 10% |
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This market will resolve to "Yes" if Volodymyr Zelenskyy is no longer serving as President of Ukraine for any length of time between this market's creation and the listed date, 11:59 PM ET. Otherwise, this market will resolve to "No". An announcement of Volodymyr Zelenskyy's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. This market's resolution source will be a consensus of
Prediction markets currently assign a 28% probability that Volodymyr Zelenskyy will no longer be President of Ukraine by December 31, 2026. This price, translating to a roughly 1-in-4 chance, indicates the consensus views his continued tenure as significantly more likely than not. However, the substantial trading volume, exceeding $1.2 million, reflects serious investor interest and consideration of meaningful geopolitical risk over this nearly two-year timeframe.
The primary factor suppressing the "Yes" probability is Zelenskyy's entrenched political and symbolic position as a wartime leader. Since Russia's full-scale invasion in 2022, his presidency has been defined by the conflict, with constitutional provisions suspending regular elections. His international stature as the face of Ukrainian resistance creates high barriers to any domestic political removal. Furthermore, recent polling, while showing some decline from peak wartime solidarity, still indicates he remains one of the country's most trusted institutions compared to the parliament or other political bodies.
The 28% probability nonetheless prices in tangible risks. The most direct pathway is a deterioration in Ukraine's military situation leading to political instability or forced negotiations, which could precipitate a leadership change. A second critical factor is Zelenskyy's own health and safety, given the ongoing war. While his administration has demonstrated resilience, the constant threat to key officials is a non-zero risk factor markets must account for.
The odds are most sensitive to major shifts in the war's trajectory. A significant Russian battlefield breakthrough that threatens state stability could rapidly increase the probability of a political transition, including under potential pressure from allies. Conversely, a sustained Ukrainian military stabilization or success could solidify Zelenskyy's position and drive the "No" share higher. Key political dates also serve as catalysts. While presidential elections are formally suspended under martial law, any official discussion or international pressure regarding a post-war electoral timeline as 2026 approaches would create market volatility. The resolution of this market will ultimately be a direct referendum on Ukraine's stability and Zelenskyy's political survival through a period of profound national crisis.
AI-generated analysis based on market data. Not financial advice.
$25.70K
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This prediction market topic addresses the political future of Volodymyr Zelenskyy, the incumbent President of Ukraine. It specifically asks whether Zelenskyy will cease to serve as president for any length of time between July 24 and December 31, 2026. This includes scenarios of resignation, removal from office, or death. The market will resolve to 'Yes' if such an event is announced before the deadline, even if the actual departure takes effect later. The question emerges against the backdrop of Ukraine's ongoing war with Russia, which began with the full-scale invasion in February 2022, and the immense political and societal pressures that conflict has generated. Zelenskyy's leadership has been defined by the war, transforming him from a political newcomer into a global symbol of resistance. Interest in this topic stems from the high-stakes nature of Ukrainian politics, where presidential stability is seen as crucial for wartime unity and international support. Analysts and observers are keenly watching for signs of political fatigue, challenges to Zelenskyy's authority, or the potential for post-war political transitions as the conflict drags on. The question also touches on Ukraine's constitutional framework, which sets a five-year presidential term, with Zelenskyy's current term scheduled to end in 2024, though elections are currently suspended under martial law.
Ukraine's presidential history since independence in 1991 shows a pattern of turnover, with no president serving more than two terms. The 2004 Orange Revolution and the 2014 Revolution of Dignity (Maidan) both resulted in the premature ousting of presidents (Viktor Yanukovych and, indirectly, Viktor Yushchenko's political decline), demonstrating the potential for rapid political change under pressure. The current constitution, adopted in 1996 and amended several times, establishes a five-year presidential term with a two-term limit. It also outlines clear succession procedures: in case of vacancy, the Chairman of the Verkhovna Rada temporarily assumes duties, and an election must be held within 90 days. However, Article 83 of the constitution allows for the suspension of elections during martial law, a condition that has been in place since February 24, 2022. This legal precedent is critical, as it provides the framework for Zelenskyy to remain in office beyond the scheduled 2024 election date, a situation without modern precedent in Ukraine. Past presidents, like Leonid Kuchma, have served full terms, while others, like Yanukovych, were removed before term completion, highlighting the variable nature of presidential tenure.
The continuity of Ukraine's presidency has profound implications for the nation's war effort and international standing. A change in leadership during an active, large-scale war could disrupt military command structures, complicate delicate negotiations with allies over arms supplies, and create uncertainty in diplomatic channels. This could potentially slow the flow of crucial aid from the United States and European Union, which is predicated on trust in the current administration's strategic direction. Domestically, a presidential transition could exacerbate political divisions, testing the unity that has largely held since the invasion. It would also trigger a complex constitutional process during a national emergency, challenging state institutions. For global security, leadership stability in Kyiv is viewed by Western capitals as essential for maintaining a coherent and predictable front against Russian aggression, making this topic a matter of international geopolitical significance.
As of July 2024, Volodymyr Zelenskyy remains President of Ukraine, with his tenure extended indefinitely due to the ongoing martial law. The Verkhovna Rada has consistently voted to extend martial law, most recently in May 2024, which legally suspends elections. Political tensions have surfaced, notably with the dismissal of General Valerii Zaluzhnyi in February 2024, but no formal, viable political mechanism for removing Zelenskyy has gained significant traction. Discussions about post-war elections or potential political transitions remain largely theoretical while active combat continues along a lengthy frontline.
There is currently no scheduled date. The constitution mandates an election within 90 days of a presidential vacancy, but regular elections are suspended under martial law. The next election will be scheduled after martial law is lifted.
Yes, but the process is difficult. It requires a vote by no less than three-quarters of the constitutional composition of the Verkhovna Rada (338 MPs) following a review by the Constitutional Court and cannot be done during martial law for political reasons alone. It is designed as a last-resort measure.
According to Article 112 of the Constitution, the Chairman of the Verkhovna Rada would immediately temporarily assume the duties of the president. A special presidential election must then be held within 90 days, though this period could be affected by martial law.
Martial law is initially imposed for 30 days but can be extended by parliamentary vote. It has been repeatedly extended since February 2022 and will likely continue for the duration of the active, large-scale invasion, as determined by the security situation.
Yes. President Viktor Yushchenko's predecessor, Leonid Kuchma, served his full terms. However, no Ukrainian president has formally resigned mid-term. Viktor Yanukovych was removed from office by parliamentary vote in 2014 following the Revolution of Dignity, which is considered a removal, not a resignation.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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