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 by the Hong Kong Observatory in degrees Celsius on 10 Jul '26. The resolution source for this market will be information from the Hong Kong Observatory, specifically the "Absolute Daily Max (deg. C)" the specified date once information is finalized in the relevant "Daily Extract", available here: https://www.weather.gov.hk/en/cis/climat.htm This market can not resolve until data for this date has been published. The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is initially published for this market's timeframe will not be considered for this market's resolution.
This market will resolve to the temperature range that contains the highest temperature recorded by the Hong Kong Observatory in degrees Celsius on 10 Jul '26. The resolution source for this market will be information from the Hong Kong Observatory, specifically the "Absolute Daily Max (deg. C)" the specified date once information is finalized in the relevant "Daily Extract", available here: https://www.weather.gov.hk/en/cis/climat.htm This market can not resolve until data for this date has been published. The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is initially published for this market's timeframe will not be considered for this market's resolution.
Prediction market odds reflect crowdsourced expectations from traders with real financial stakes, whereas analyst forecasts typically come from meteorologists using physics-based models and historical climate data. This market prices in collective trader judgment about Hong Kong's July 10 conditions, incorporating recent weather patterns, seasonal trends, and any breaking atmospheric developments. Analyst forecasts tend to emphasize model confidence intervals, while prediction markets compress all available information into a single probability. Comparing the two reveals whether traders are pricing in tail risks or consensus scenarios that formal forecasts may weight differently.
On Polymarket, traders set prices through an automated market maker mechanism where each contract's value reflects the probability of that outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Participants buy and sell shares representing different temperature ranges, and the collective trading activity determines the odds displayed on the dashboard. Higher trading volume in a particular outcome typically narrows the spread and increases price stability. The market remains open for trading until resolution, allowing prices to adjust continuously based on new information, weather updates, or shifts in trader conviction about the final temperature reading.
This market resolves around Jul 10, 2026, once the highest temperature recorded in Hong Kong on July 10 becomes verifiable from credible public sources. The outcome is determined by the actual meteorological data reported for that date, confirmed through official weather monitoring. Traders' positions settle based on which temperature bracket or threshold the final reading falls into. Until that point, this market remains active for trading, and prices may shift as the date approaches and forecasts become more precise.
Major weather pattern shifts, tropical storm development, or unexpected atmospheric blocking systems could significantly alter trader expectations for July 10 temperatures in Hong Kong. Updated seasonal forecasts, climate indices like the monsoon outlook, or real-time satellite imagery showing heat buildup may trigger repricing. Unusual global events—such as volcanic activity affecting solar radiation or sudden ocean temperature anomalies—could also influence this market. As the date draws closer, short-range meteorological models become more reliable, often prompting sharp price adjustments when forecasts converge or diverge from earlier consensus.