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: May 27, 8:00 AM EST
Polymarket
This market tracks whether Hong Kong's highest temperature will reach 33°C on May 27, 2026. On Polymarket, the leading outcome—a high of exactly 33°C—stands at 100.0%, while the alternative outcome of 34°C or higher registers at 0.1%. Resolution will be determined by the Hong Kong Observatory's official daily maximum temperature reading, measured to one decimal place and published in their Daily Extract once finalized. Watch for the Hong Kong Observatory's temperature data release for May 27, 2026, which will settle this market.
Prediction market odds on Polymarket reflect aggregated trader expectations, which often diverge from traditional meteorological forecasts. While weather analysts issue deterministic point estimates or ranges based on climate models and seasonal patterns, prediction markets price uncertainty probabilistically. Traders incorporate real-time satellite data, atmospheric pressure systems, and historical May patterns into their bids. The market-derived odds can serve as a complementary signal to official forecasts, though they may overweight recent weather trends or underweight long-range model consensus depending on trader composition and information flow.
On Polymarket, the highest temperature in Hong Kong on May 27 is priced through a binary outcome contract: Will the highest temperature in Hong Kong be 34°C or higher on May 27? On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current market probability reflects trader conviction about whether May 27 will see temperatures at or above the 34°C threshold. Pricing is driven by continuous order-book matching, where buyers and sellers negotiate contract prices between 0 and 1. As the resolution date approaches, prices typically converge toward either extreme as uncertainty resolves and actual weather patterns become clearer.
The market resolves on May 27, 2026. Resolution is determined by the actual highest temperature recorded in Hong Kong on May 27, which is measured against the specified threshold. Official meteorological data from Hong Kong's weather authority serves as the reference source. Once the day concludes and the final temperature is confirmed, the contract settles based on whether the outcome matches the binary condition. Traders should monitor official weather station reports as the date approaches to assess the likelihood of the specified temperature threshold being met.
Several factors can shift market odds before resolution. Seasonal weather pattern updates, tropical cyclone activity in the Western Pacific, and upper-atmosphere pressure systems can all influence May 27 temperatures. Real-time satellite imagery and meteorological model runs released in the days leading up to May 27 will provide increasingly precise forecasts, prompting trader repricing. Historical May temperature data and anomalies relative to climate normals also inform market sentiment. Additionally, any unusual atmospheric events—such as monsoon onset timing or heat dome formation—could trigger significant odds movements as traders update their expectations based on emerging meteorological intelligence.