TOTAL VOLUME:
$134b
24H VOL:
$87,997,338
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,395,155,069
395,664
Markets across
30,076
events
MATCHED EVENTS:
2,626
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 28, 8:00 AM EST
Polymarket
This market tracks whether Hong Kong's highest temperature will reach 33°C or higher on May 28, 2026. On Polymarket, the leading outcome of 33°C or higher stands at 100.0%, while the secondary outcome of exactly 32°C is 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 28, 2026, which will settle this market.
Prediction market odds on Polymarket reflect real-money trader expectations and can be compared against meteorological forecasts and climate analyst predictions for Hong Kong in late May. Meteorologists typically issue temperature outlooks weeks in advance based on seasonal patterns, monsoon activity, and atmospheric models. Prediction markets often incorporate analyst consensus but may diverge if traders anticipate unusual conditions or assign different probabilities to extreme outcomes. Comparing market odds to official weather authority forecasts and independent climate analysis helps identify where traders are pricing in additional risk or opportunity relative to expert consensus.
The market resolves on May 28, 2026, after the highest temperature in Hong Kong on May 28 has been recorded and verified. Resolution is determined by official temperature data for that specific date. Traders holding positions aligned with the actual outcome receive payouts proportional to their stake, while opposing positions expire worthless. The event is binary: either the highest temperature meets or exceeds the specified threshold, or it does not. Accurate, timely data from recognized meteorological sources ensures fair and transparent settlement for all participants.
Several factors could shift market odds before resolution. Updated seasonal weather forecasts and monsoon predictions will influence expectations as May approaches. Historical temperature records for late May in Hong Kong provide baseline context. Real-time atmospheric patterns, tropical cyclone activity, and upper-air dynamics in the weeks leading up to May 28 will be closely watched. El Niño or La Niña conditions may affect regional climate. As the date nears, official meteorological agencies will issue more precise forecasts, potentially triggering significant price movements. Unusual global weather events or climate anomalies could also reshape trader expectations about extreme heat risk.