TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Gimhae Intl Airport Station in degrees Celsius on 5 Jul '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Gimhae Intl Airport Station, available here: https://www.wunderground.com/history/daily/kr/busan/RKPK. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
This market will resolve to the temperature range that contains the highest temperature recorded at the Gimhae Intl Airport Station in degrees Celsius on 5 Jul '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Gimhae Intl Airport Station, available here: https://www.wunderground.com/history/daily/kr/busan/RKPK. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
Prediction market odds often diverge from traditional meteorological forecasts because they incorporate real-time trader behavior, risk appetite, and information asymmetries alongside official weather models. While meteorologists rely on physics-based simulations and historical data, market participants weigh those same inputs against sentiment, media coverage, and hedging demand. This market aggregates dispersed knowledge from thousands of traders, sometimes surfacing early signals that institutional forecasters miss. However, both sources remain subject to uncertainty; comparing this market's implied probabilities to published forecasts from national weather services or regional meteorological agencies can reveal where consensus is strongest and where disagreement suggests genuine forecast difficulty.
On Polymarket, this market is priced through an automated market maker that adjusts odds continuously as traders buy and sell outcome shares. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each temperature bracket is represented as a separate contract, and the price of each reflects the cumulative probability assigned by the market. Traders profit by correctly predicting which range will verify as the highest temperature, incentivizing them to incorporate all available weather data and forecasts into their positions. The more capital flowing into a particular outcome, the higher its price rises, creating a dynamic equilibrium that updates in real time throughout the trading window.
This market resolves around Jul 5, 2026, once the highest temperature recorded in Busan on July 5 is verifiable from credible public sources. The outcome is determined by official meteorological records or widely reported temperature data from established weather monitoring stations in the region. Resolution occurs after the event window closes and the final reading is confirmed, at which point the winning outcome contract is paid out in full and all other contracts expire worthless. Traders should monitor official announcements and reputable weather services as the date approaches to stay informed on any procedural updates.
Major weather pattern shifts, updated seasonal forecasts, and tropical system developments are the primary catalysts that could shift odds significantly. Release of new climate models or anomalies in ocean temperatures and atmospheric pressure systems may trigger repricing across all temperature brackets. Media coverage of extreme heat events in East Asia or unexpected cold fronts can also influence trader sentiment and capital flows. As July 5 approaches, real-time weather updates and intraday temperature trends will likely drive sharp moves, especially in the final 48 hours. Geopolitical or industrial events affecting regional air quality or urban heat dynamics could introduce secondary volatility.