Russian forces have sustained intensified offensive operations toward Lyman in Donetsk Oblast since March 2026, including infiltration attempts and strikes north of the city, yet Ukrainian defenders maintain control of central positions amid ongoing attritional fighting. Ukrainian drone and missile strikes continue to target Russian logistics and command posts in the sector, including river crossings on the Oskil and Siverskyi Donets as recently as mid-July 2026, contributing to slow Russian incremental movement and high reported casualties without an operational breakthrough. Traders reflect this pattern in low probabilities for full Russian capture of the city by year-end dates, consistent with resilient Ukrainian fortified lines in the broader Donetsk theater. Scheduled Ukrainian strikes on rear-area assets and any shifts in force allocation remain key variables that could influence momentum before December resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill Russia capture all of Lyman by...?
$290,565 Vol.
December 31
16%
$290,565 Vol.
December 31
16%
Lyman will be considered captured if the entirety of the municipality is shaded red on the ISW map (https://storymaps.arcgis.com/stories/36a7f6a6f5a9448496de641cf64bd375) by the resolution date. If the area is not shaded red by the resolution date, the market will resolve to “No”.
For any change on the ISW map to qualify for this market’s resolution, the relevant shading indicating Russian control must persist through the next full ISW daily update cycle. If ISW skips a day, shading must persist until the next finalized ISW update is published, regardless of the date. Any continuous shading which reflects either “Assessed Russian Control”, “Assessed Russian Advance In Ukraine”, or “Assessed Russian Gains in the Past 24 Hours” will qualify. “Assessed Russian Infiltration Areas in Ukraine” will not qualify.
The territory of the municipality is shaded in light grey and is distinguished from bordering municipalities with a darker grey line. If all area within the municipality is shaded in red, however, the shading does not precisely match up with the border such that there is a tiny amount of grey along the border of the city, this will still qualify for a "Yes" resolution.
Once Russia captures the entirety of the specified area, any subsequent loss of control will not be considered towards the resolution of this market.
Location on Google maps: https://maps.app.goo.gl/D8z4nAHJuu6DW8nX9
The primary resolution source for this market will be the ISW Ukraine map. If the ISW map is rendered unavailable, information from DeepStateMap (https://deepstatemap.live/) may be used. If information from both the ISW and DeepStateMap are rendered permanently unavailable, a consensus of credible reporting may be used.
Note: Any temporary glitches or errors in the map will not be considered.
If Russia comes into control of this territory as a result of a negotiated settlement, this will qualify for a 'Yes' resolution, regardless of whether it is shaded red in the ISW map. An announcement of a negotiated settlement that gives Russia de jure control will not qualify. Actual control must be established.
Market Opened: Feb 19, 2026, 3:40 PM ET
Resolver
0x65070BE91...Lyman will be considered captured if the entirety of the municipality is shaded red on the ISW map (https://storymaps.arcgis.com/stories/36a7f6a6f5a9448496de641cf64bd375) by the resolution date. If the area is not shaded red by the resolution date, the market will resolve to “No”.
For any change on the ISW map to qualify for this market’s resolution, the relevant shading indicating Russian control must persist through the next full ISW daily update cycle. If ISW skips a day, shading must persist until the next finalized ISW update is published, regardless of the date. Any continuous shading which reflects either “Assessed Russian Control”, “Assessed Russian Advance In Ukraine”, or “Assessed Russian Gains in the Past 24 Hours” will qualify. “Assessed Russian Infiltration Areas in Ukraine” will not qualify.
The territory of the municipality is shaded in light grey and is distinguished from bordering municipalities with a darker grey line. If all area within the municipality is shaded in red, however, the shading does not precisely match up with the border such that there is a tiny amount of grey along the border of the city, this will still qualify for a "Yes" resolution.
Once Russia captures the entirety of the specified area, any subsequent loss of control will not be considered towards the resolution of this market.
Location on Google maps: https://maps.app.goo.gl/D8z4nAHJuu6DW8nX9
The primary resolution source for this market will be the ISW Ukraine map. If the ISW map is rendered unavailable, information from DeepStateMap (https://deepstatemap.live/) may be used. If information from both the ISW and DeepStateMap are rendered permanently unavailable, a consensus of credible reporting may be used.
Note: Any temporary glitches or errors in the map will not be considered.
If Russia comes into control of this territory as a result of a negotiated settlement, this will qualify for a 'Yes' resolution, regardless of whether it is shaded red in the ISW map. An announcement of a negotiated settlement that gives Russia de jure control will not qualify. Actual control must be established.
Resolver
0x65070BE91...Russian forces have sustained intensified offensive operations toward Lyman in Donetsk Oblast since March 2026, including infiltration attempts and strikes north of the city, yet Ukrainian defenders maintain control of central positions amid ongoing attritional fighting. Ukrainian drone and missile strikes continue to target Russian logistics and command posts in the sector, including river crossings on the Oskil and Siverskyi Donets as recently as mid-July 2026, contributing to slow Russian incremental movement and high reported casualties without an operational breakthrough. Traders reflect this pattern in low probabilities for full Russian capture of the city by year-end dates, consistent with resilient Ukrainian fortified lines in the broader Donetsk theater. Scheduled Ukrainian strikes on rear-area assets and any shifts in force allocation remain key variables that could influence momentum before December resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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