This market will resolve to “Yes” if Mykhailo Fedorov is reinstated as Ukraine’s Minister of Defense by the listed date at 11:59 PM Kyiv time. Otherwise, this market will resolve to “No.” Fedorov will be considered reinstated if he is either i) officially assigned to temporarily perform the minister’s duties or ii) formally nominated for appointment by President Volodymyr Zelenskyy to the Verkhovna Rada. A temporary reinstatement will be considered to have occurred when the President of Ukraine or the Cabinet of Ministers of Ukraine officially and definitively announces that Mykhailo Fedorov has been assigned to temporarily perform the duties of the Minister of Defense. A formal nomination will be considered to have occurred upon the submission of Mykhailo Fedorov’s nomination to the Verkhovna Rada. A public statement, media report, expression of intent, or informal announcement will not qualify, unless it constitutes an official and definitive announcement by the President of Ukraine or the Cabinet of Ministers assigning Fedorov to perform the minister’s duties. Fedorov does not need to be approved by the Verkhovna Rada, take the oath of office, or assume the position on a permanent basis to qualify. Whether any individual other than Mykhailo Fedorov is nominated, temporarily assigned, or appointed Minister of Defense, within the market timeframe, will not be considered. The primary resolution sources for this market will be official information and records from the President of Ukraine, the Cabinet of Ministers of Ukraine, and the Verkhovna Rada; however, a consensus of credible reporting may also be used.
Mykhailo Fedorov served as Ukraine’s Defense Minister from January to mid-July 2026 before President Volodymyr Zelenskyy dismissed him during a broader cabinet reshuffle. The move replaced him with acting minister Yevhenii Khmara and triggered sustained nationwide protests demanding reinstatement, citing Fedorov’s role in accelerating drone innovation, procurement reforms, and technological modernization of the armed forces. Fedorov has publicly rejected alternative posts and conditioned any return on resuming the Defense Ministry role. Parliament’s summer recess delayed formal confirmation processes, but its resumption in mid-August creates a near-term window for potential legislative action or further political pressure. Zelenskyy has shown no public reversal as of mid-August, leaving reinstatement dependent on whether protests, internal coalition dynamics, or parliamentary votes can shift the executive stance amid ongoing wartime priorities.