PoliticsMulti-outcomeExpires May 31, 2026
Creator

Will the next governing coalition of Romania include PNL + USR + UDMR?

Probability

38¢

1h

-3.0pp

24h

+28.5pp

24h Vol

$9.70

Liquidity

$396.98

Research loop

Inspect the market

Read the move, holders, recent trades, source, and resolution risk before saving anything.

Canonical status

confidence: medium

Source status (Polymarket)

active

Derived status (Orrery)

ILLIQUID

Reason

Liquidity is below $1,000 — price discovery is unreliable.

The derived status is computed from the source flags plus the live YES price, so a market trading near a rail can read as PRICE-PINNED while upstream is still active. That isn't the same as resolved.

Resolution & Risk

LOW risk
End date
May 31, 2026
UMA status
n/a
Resolution source
Primary
Official government information
Type
Official government source
Confidence
extracted · high
Market type
Multi-outcome (neg-risk)
  • Part of a multi-outcome event (neg-risk): only one market can resolve YES.
  • Wide spread (60.0¢) — liquidity risk on entry/exit.
Read full market rules on Polymarket

Probability (last 7 days)

+0.0pp 7d
1007550250
40¢
May 11, 2026, 22:00 UTCMay 18, 2026, 12:40 UTC
updated 12:40:18 UTC·src:Polymarket CLOB·snap:snap_2026-05-18T12-40Z

Why did it move?

Structured · 3 factors
  • 01
    Price move

    Up 28pp over 24h

    Now 38¢; -3.0pp in the last hour.

  • 02
    Active signal

    Resolution-risk observation firing

    Spread is wide enough that intraday moves overstate any tradeable edge.

  • 03
    Spread cost

    Wide spread — 60.0¢

    Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.

What to track next

  • Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.

Verification actions only — never trade recommendations.

Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.

Timeline

critical · price · trade flow

Critical

  • May 31, 00:00 UTCScheduled resolution

    Market resolves in 299.3h

    LOW
  • 12:40Signal

    Resolution risk

    Spread is wide enough that intraday moves overstate any tradeable edge.

    LOW

Price movement

+28.5pp over the last 24h, now 38¢.

Biggest hourly move: -34.5pp at May 17, 04:00 UTC (to 11¢).

Show top 8 of 61 hourly moves
  • 05:00 · +30.0pp → 46¢
  • 03:00 · +31.0pp → 47¢
  • 01:00 · +27.5pp → 43¢
  • 23:00 · +30.5pp → 46¢
  • 21:00 · +32.0pp → 48¢
  • May 17, 05:00 UTC · -31.0pp → 10¢
  • May 17, 04:00 UTC · -34.5pp → 11¢
  • May 16, 03:00 UTC · -29.0pp → 16¢
updated 12:40:18 UTC·src:Polymarket CLOB·Polymarket Data

Active signals

Recent Trades

No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.

updated 12:40:18 UTC·src:Polymarket Data

Market Description

This market will resolve to the first governing coalition of parties formed in Romania after market creation. A party will only be considered part of the governing coalition if it participates in the governing coalition and provides at least one Cabinet minister. Parties that merely support the government from outside Cabinet, including through confidence-and-supply agreements or similar arrangements, without holding a Cabinet post, will not qualify. The following parties will be considered for this market: Social Democratic Party (PSD); National Liberal Party (PNL); Save Romania Union (USR); Democratic Alliance of Hungarians in Romania (UDMR); Alliance for the Union of Romanians (AUR). All other parties will not be considered. Resolution will be based on the listed option that most completely matches the parties included in the coalition. If the coalition formed includes all of the parties listed in a market option, along with any other parties, that option will resolve to “Yes” unless there exists another market option that more completely covers the coalition. A listed option will not resolve to “Yes” if any of its listed parties are not included in the coalition. For example: - If the governing coalition includes PSD + PNL + UDMR, the option “PSD + PNL + UDMR” will resolve to “Yes”, while “PSD + PNL” will resolve to “No”. In the event that the ruling coalition includes all parties for multiple market options, and each option contains an equal number of coalition parties, the tie will be resolved in favor of the option whose listed parties together hold the greater number of seats in the Romanian Parliament (Senate and Chamber of Deputies). If this presents another tie, this market will resolve in favor of the listed option whose parties received the greatest number of valid votes in the previous Romanian parliamentary election. If the governing coalition does not include all parties in any listed option, this market will resolve to “Other”. This market may resolve once the next Romanian government is officially formed following Parliament’s vote of confidence and the taking of the oath of office by the members of the Government. If the next Romanian government coalition is not confirmed by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”. This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the government of Romania.

Why this category?

confidence: high

Category

Politics

Source

Manual override (pattern match)

Matched term

parliamentary election

Reason

Parliamentary election markets are Politics.

Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.

FAQ — questions readers actually ask

What is the current Polymarket probability for "Will the next governing coalition of Romania include PNL + USR + UDMR?"?

As of Mon, 18 May 2026 12:40:18 GMT, YES is priced at 38% implied probability on Polymarket. The price changed +28.5pp in the last 24 hours, -3.0pp in the last hour, and +0.0pp in the last 7 days.

When does this market resolve?

This market resolves by May 31, 2026 (2026-05-31T00:00:00.000Z). Resolution is determined from the market description on Polymarket.

What source determines the outcome?

Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.

How much is being traded on this market?

$9.70 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $239.70. Open liquidity in the YES/NO orderbooks: $396.98. Spread between best bid and best ask: 60.0¢.

Is this a trade recommendation?

No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.

How fresh is this data and where does it come from?

This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.

Alerts

¢
Deliver

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