CoinWorld.net information, Polymarket has launched a new event: "Will Trump rename the Strait of Hormuz to 'Trump Strait' before May 31?" The probability of "Yes" is currently reported at 6%, down 31% in 24 hours. Currently, the betting funds for this event exceed $47,000. The contract rules for this event are: If Trump publicly announces that the United States will officially refer to the Strait of Hormuz as "Trump Strait" or "Trump Strait" or any equivalent name containing "Trump" before 11:59 PM Eastern Time on May 31, 2026, the market will support "Yes". Otherwise, the market will settle as "No". The primary resolution for this market will be based on Donald Trump's official statement, but a consensus based on credible reports may also be used.

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