Putin’s potential May visit to China coincides with Trump’s confirmed trip on May 14-15. Trump visiting China by May 31 is at 80.5% YES, up from 72% yesterday.
Trump’s visit confirmation pushed odds on the Trump Visit China by May 31 market up 8 points in 24 hours. The term structure shows a sharp gap: April 30 sits at 1.2% while May 31 is at 80.5%, a 79-point difference that reflects trader conviction in the mid-May timeline. June 30 odds also rose slightly to 84.5% YES, consistent with expectations of a pre-summer visit.
Trading volume backs this up. The May 31 market has $49,849 in actual USDC traded. The largest move was a 2-point spike at 11:18 AM, likely driven by strategic positioning. It takes $11,233 to move the market 5 points, which points to institutional-level liquidity.
The simultaneous planning of Putin’s visit signals China’s positioning as a mediator between major powers. While Trump’s visit odds have strengthened, any new conflict or scheduling disruption could still derail plans. A YES share at 80¢ pays $1 if Trump reaches China by May 31, a 1.25x return.
Watch for official confirmations from the White House or Chinese state media. The U.S.-Iran conflict resolution could also affect Trump’s travel plans. Statements from Karoline Leavitt or Lin Jian will matter most for whether current odds hold.
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Term Structure| Contract | Odds | Δ since publish | Volume 24h | |
|---|---|---|---|---|
| April 30 | 1.1% | -0.1¢ | $149K | Trade → |
| May 31 | 83% | +2.5¢ | $76K | Trade → |
| June 30 | 86.5% | +2¢ | $19K | Trade → |