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On Friday, December 26th, Israel became the first country to recognize Somaliland as a sovereign state. You can read more about that here: https://www.reuters.com/world/middle-east/israel-recognises-somaliland-somalias-breakway-region-independent-state-2025-12-26/. This market will resolve to "Yes" if any other UN member state formally recognizes the Republic of Somaliland as a sovereign state by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Only formal recognition of Somaliland will qualify. Statements/actions which acknowledge the Republic of Somaliland, or change its diplomatic status with a relevant country, but do not formally recognize the Republic of Somaliland as a sovereign state will not qualify. The primary resolution source for this market will be official information from the government of a recognizing country; however, a consensus of credible reporting may also be used.
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.