This market will resolve to “Yes” if Israel and Hezbollah agree to a permanent peace deal by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A permanent peace deal refers to any agreement which explicitly indicates that military hostilities between Israel and Hezbollah have ended or will permanently cease, or uses equivalent language clearly signaling a lasting end to military hostilities between Israel and Hezbollah. Agreements that are explicitly temporary or which do not include a definitive agreement to end military hostilities between Israel and Hezbollah on a lasting basis (e.g. a temporary extension of the 10-day ceasefire agreement announced on April 16, 2026), will not qualify. A qualifying agreement will be considered to have been established if either of the following conditions are met: - Israel and Hezbollah each sign or formally adopt a written agreement (e.g. a treaty or multi-point agreement) which meets the above criteria. - Both Israel and Hezbollah provide clear public confirmation that a qualifying agreement has been definitively established. Negotiations, statements of progress, or other statements which do not constitute a definitive announcement that a qualifying agreement has been reached will not count. The inclusion of Israel and Hezbollah in a qualifying peace deal between multiple parties will qualify. The primary resolution source for this market will be official information from the government of Israel and Hezbollah; however, a consensus of credible reporting may also be used.