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 7, 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 7 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 7 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 and traditional analyst forecasts often diverge because they operate on different incentives. Market participants have direct financial exposure to their predictions, which tends to sharpen accuracy over time. Meteorologists and weather analysts rely on physics-based models and historical data, which are valuable but sometimes lag emerging conditions. This market aggregates dispersed knowledge from traders worldwide, potentially capturing signals that centralized forecasts miss. Comparing the current odds against official weather service predictions for Busan on July 7 can reveal where market participants expect divergence from conventional models.
On Polymarket, traders set the odds through an automated market maker that adjusts prices based on buy and sell pressure. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price reflects the probability that the highest temperature will be 34°C or higher. When you buy shares, you're betting the outcome will occur; when you sell, you're betting against it. The market price continuously updates as new trades flow in, so early movers who spot mispriced odds relative to real-world conditions can profit by trading ahead of broader sentiment shifts.
This market resolves around Jul 7, 2026, once July 7 has passed and the highest temperature recorded in Busan is verified. The outcome is confirmed against credible public sources that document the day's weather data. Traders holding shares in the winning outcome receive their payout, while losing positions expire worthless. The resolution hinges entirely on whether the peak temperature meets or exceeds 34°C, making this a binary event with no ambiguity once official records are available.
Several factors could shift odds before Jul 7, 2026. Updated seasonal forecasts or climate pattern shifts from meteorological agencies may prompt traders to reassess the probability of extreme heat. Historical temperature records for Busan in early July provide a baseline; if recent years show warming trends, that could push odds higher. Major weather systems, monsoon activity, or unusual atmospheric conditions reported in the weeks leading up to July 7 will likely trigger trading surges. As the date approaches, real-time weather models become more precise, often causing sharp repricing in the final days.