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: Jul 10, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Guangzhou Baiyun International Airport Station in degrees Celsius on 10 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 Guangzhou Baiyun International Airport Station, available here: https://www.wunderground.com/history/daily/cn/guangzhou/ZGGG. 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 Guangzhou Baiyun International Airport Station in degrees Celsius on 10 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 Guangzhou Baiyun International Airport Station, available here: https://www.wunderground.com/history/daily/cn/guangzhou/ZGGG. 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 weather forecasts because they incorporate real-time trader conviction and incorporate broader information sources beyond meteorological models alone. While professional meteorologists rely on atmospheric data and historical patterns, this market aggregates the collective judgment of traders who may weigh additional factors such as climate trends, seasonal anomalies, and regional heat patterns. Comparing the implied probability in this market to official forecasts from China's meteorological agencies can reveal where traders see greater or lesser risk of extreme heat. This divergence sometimes highlights gaps in consensus or emerging confidence about temperature thresholds.
On Polymarket, traders set prices by buying and selling shares that represent yes or no outcomes, with the current market price reflecting the probability traders assign to the highest temperature reaching 39°C or higher. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders believe the threshold will be exceeded, the yes-share price rises; conversely, skepticism drives it lower. The market operates on an automated market maker model, ensuring continuous liquidity and transparent pricing. Traders profit by correctly predicting the outcome relative to their entry price, creating incentives for accurate forecasting and information discovery.
This market resolves around Jul 10, 2026, once the highest temperature recorded in Guangzhou for July 10 is verified and confirmed. The outcome is determined by comparing the official temperature reading against the 39°C threshold specified in the market. Resolution occurs after the event date when credible public reporting and meteorological data confirm the final temperature. Traders holding shares in the winning outcome receive their payout, while losing positions expire worthless. The resolution process prioritizes accuracy and relies on established temperature measurement standards.
Updated weather forecasts and seasonal climate models are primary drivers that shift market odds as meteorologists refine their predictions for early July conditions. Major atmospheric patterns, such as the arrival of heat waves or monsoon systems, can dramatically alter trader expectations about extreme temperatures. Real-world heat events in neighboring regions or earlier in the summer may increase conviction about Guangzhou's heat risk. Long-range climate indices and historical precedent for July temperatures in the region also influence positioning. As the event date approaches, intraday weather updates and short-term forecast adjustments typically generate the most volatile price movements.