Houthis seized Perim Island (Mayyun) on September 11, 2026, after a rapid offensive captured the nearby ports of Mocha and Dhubab, prompting Saudi-backed Yemeni government forces to withdraw. The island’s position in the Bab al-Mandeb Strait gives the Iran-aligned group direct influence over a key Red Sea shipping chokepoint linking the Gulf of Aden to the Suez Canal. Control followed months of Houthi pressure on maritime traffic and coincided with Saudi efforts to reroute oil exports away from the Strait of Hormuz. Reversal would likely require a coordinated amphibious or air-supported counteroffensive, though no major operation has been confirmed in the immediate aftermath. Diplomatic channels or escalation risks involving regional actors remain the primary variables for any near-term shift in territorial status.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNEW
Sep 30, 2026
September 30
5%
October 31
15%
December 31
29%
$8,843 Vol.
September 30
$1,730 Vol.
5%
October 31
$3,942 Vol.
15%
December 31
$3,171 Vol.
29%
This market will resolve to "Yes" if Perim Island is no longer under Houthi control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.
“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.
An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.Houthis seized Perim Island (Mayyun) on September 11, 2026, after a rapid offensive captured the nearby ports of Mocha and Dhubab, prompting Saudi-backed Yemeni government forces to withdraw. The island’s position in the Bab al-Mandeb Strait gives the Iran-aligned group direct influence over a key Red Sea shipping chokepoint linking the Gulf of Aden to the Suez Canal. Control followed months of Houthi pressure on maritime traffic and coincided with Saudi efforts to reroute oil exports away from the Strait of Hormuz. Reversal would likely require a coordinated amphibious or air-supported counteroffensive, though no major operation has been confirmed in the immediate aftermath. Diplomatic channels or escalation risks involving regional actors remain the primary variables for any near-term shift in territorial status.
This market will resolve to "Yes" if Perim Island is no longer under Houthi control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.
“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.
An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.
“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.
An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
Market Opened: Sep 17, 2026, 11:33 AM ET
Volume
$8,843End Date
Jan 1, 2027Market Opened
Sep 17, 2026, 11:33 AM ETResolver
0x65070BE91...This market will resolve to "Yes" if Perim Island is no longer under Houthi control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.
“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.
An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.Houthis seized Perim Island (Mayyun) on September 11, 2026, after a rapid offensive captured the nearby ports of Mocha and Dhubab, prompting Saudi-backed Yemeni government forces to withdraw. The island’s position in the Bab al-Mandeb Strait gives the Iran-aligned group direct influence over a key Red Sea shipping chokepoint linking the Gulf of Aden to the Suez Canal. Control followed months of Houthi pressure on maritime traffic and coincided with Saudi efforts to reroute oil exports away from the Strait of Hormuz. Reversal would likely require a coordinated amphibious or air-supported counteroffensive, though no major operation has been confirmed in the immediate aftermath. Diplomatic channels or escalation risks involving regional actors remain the primary variables for any near-term shift in territorial status.
This market will resolve to "Yes" if Perim Island is no longer under Houthi control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.
“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.
An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
“The Houthis” refers to the Houthi movement (Ansar Allah), including its governing institutions and any armed force operating under its direction or on its behalf. “Perim Island” refers to Perim (Mayyun) Island in the Bab el-Mandeb Strait, Yemen.
“No longer under the control of the Houthis” means that the Houthis no longer exercise primary military control over Perim Island, and another state, occupying force, the internationally recognized government of Yemen, or an internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Houthi activity will not qualify on their own.
An announcement, threat, or claim that the Houthis have lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Perim Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
Volume
$8,843End Date
Jan 1, 2027Market Opened
Sep 17, 2026, 11:33 AM ETResolver
0x65070BE91...Houthis seized Perim Island (Mayyun) on September 11, 2026, after a rapid offensive captured the nearby ports of Mocha and Dhubab, prompting Saudi-backed Yemeni government forces to withdraw. The island’s position in the Bab al-Mandeb Strait gives the Iran-aligned group direct influence over a key Red Sea shipping chokepoint linking the Gulf of Aden to the Suez Canal. Control followed months of Houthi pressure on maritime traffic and coincided with Saudi efforts to reroute oil exports away from the Strait of Hormuz. Reversal would likely require a coordinated amphibious or air-supported counteroffensive, though no major operation has been confirmed in the immediate aftermath. Diplomatic channels or escalation risks involving regional actors remain the primary variables for any near-term shift in territorial status.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions