TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 27, 8:48 PM EST
Polymarket
This market will resolve to "Yes" for each listed state that has D4 (Exceptional Drought) on 0.05% or more of its land area in the US Drought Monitor release for the week of August 25, 2026. Otherwise, this market will resolve to "No". D4 area below 0.05% is treated as cartographic noise at state borders and resolves "No". States appear only during the months in which they plausibly reach D4, so this event's roster changes through the year. 40 of the 48 coterminous states are in season for August: Alabama, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming. A state absent from this event is not making any claim about that state's drought — it simply has no market this week. Each USDM release covers the seven-day period ending Tuesday at 8:00 AM ET and is published the following Thursday. Resolution is based on the first published US Drought Monitor release for the listed week. Subsequent revisions will not be considered; the first published release is final. The resolution source for this market is the US Drought Monitor at droughtmonitor.unl.edu.
This market will resolve to "Yes" for each listed state that has D4 (Exceptional Drought) on 0.05% or more of its land area in the US Drought Monitor release for the week of August 25, 2026. Otherwise, this market will resolve to "No". D4 area below 0.05% is treated as cartographic noise at state borders and resolves "No". States appear only during the months in which they plausibly reach D4, so this event's roster changes through the year. 40 of the 48 coterminous states are in season for August: Alabama, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming. A state absent from this event is not making any claim about that state's drought — it simply has no market this week. Each USDM release covers the seven-day period ending Tuesday at 8:00 AM ET and is published the following Thursday. Resolution is based on the first published US Drought Monitor release for the listed week. Subsequent revisions will not be considered; the first published release is final. The resolution source for this market is the US Drought Monitor at droughtmonitor.unl.edu.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, traders manually set the odds for each state based on their interpretation of climate models, historical drought patterns, and real-time weather data. The current top outcome reflects a market price derived from collective bets, with volume of $5,290 indicating liquidity and interest as the event approaches.
This market resolves around Aug 27, 2026, with the outcome confirmed once official drought designations are published and verifiable from credible public reporting. The result for each state hinges on whether government climate agencies classify the area as experiencing Exceptional Drought (D4) for that week.