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Home / Markets / Trump renames Strait of Hormuz to "Strait of Trump" by Decem
Live market data

Trump renames Strait of Hormuz to "Strait of Trump" by December 31?: live odds and probabilities

Polymarket traders currently price Yes at 2.3% (-1.6 pts in 24h). $145K has traded on this market.

Updated 2026-11-06 03:05 UTC · Source: Polymarket · 18+ · Market prices, not predictions or advice

Yes probability

2.3%
No 97.7% · Trade →

24h move

-1.6
pts · 7d -3.0

Volume

$145K
24h $9K · liquidity $35K

Closes

January 1, 2027
56 days left

IranTrumpPoliticsGeopoliticsStrait of Hormuz

All outcomes

OutcomeProbability24h7dVolumeSpread
Yes2.3% -1.6-3.0$145K0.6¢
No97.7% +1.6+3.0$145K–

Prices are the Polymarket mid or last trade at 2026-11-06 03:05 UTC. A price of 64¢ implies roughly a 64% chance. Prices include spread and are not forecasts by BetG8.

📱 Compare how the same event is priced across venues on Polymtrade.Referral link. 18+.

Price history

0%25%50%75%100%10-0610-2111-06
Yes

Market rules and resolution

This market will resolve to "Yes" if Donald Trump or the Trump administration publicly announces that the United States will officially refer to the Strait of Hormuz as the "Strait of Trump" or "Trump Strait" or any equivalent name which includes "Trump" by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". The primary resolution source for this market will be official information from Donald Trump or the Trump administration; however, a consensus of credible reporting may also be used.

How to read this market

Each share pays $1 if its outcome happens. Buying Yes at 2% risks 2¢ to win 98¢. Prices move with news and order flow, and thin markets can swing on small trades, so check volume and spread before treating a number as the crowd's view. See our guides to implied probability and how markets resolve.

Frequently asked questions

What are the odds that Trump renames Strait of Hormuz to "Strait of Trump" by December 31?
As of November 6, 2026, Polymarket prices Yes at 2.3% and No at 97.7%, on $145K of total volume.
When does this market resolve?
The market is scheduled to close on January 1, 2027. It resolves under Polymarket's rules once the outcome is known, which can be earlier or later than the listed date.
How much has been traded?
$145K in total and $9K in the last 24 hours, with about $35K of resting liquidity.
Can I trade this market?
Polymarket restricts access by location; the US version (Polymarket US) and the offshore site have different rules and fee schedules. Check availability in your jurisdiction. BetG8 earns a referral fee from the Polymtrade links on this page.

Related on BetG8

Data: Polymarket Gamma and CLOB APIs, fetched by BetG8 at the time shown above. Venues may restrict access by location. 18+ only.