@quotient
$331M of Polymarket's geopolitics volume may not survive the CFTC's proposed rule.
We read all 879 active geopolitics markets holding $633M in cumulative volume and mapped them against the proposed rule to see what would be affected.
The rule's core target makes sense. No contracts that pay out on terrorism, assassination, or war.
But what about a ceasefire? A leader leaving office? Control of territory or airspace?
These markets can pay on diplomacy, status, or political exit, but under a broad reading they also fall inside the rule if violence is one potential path to resolution. And they're where the money sits.
$331M of the $633M would be hard to list.
If you trade or build these markets, this rule decides what a US-registered venue can list. The public comment period closes July 27.
Full report and how to comment: https://www.quotient.social/reports/cftc-prediction-markets